614 Main Street, Wolfville, NS

$858,500

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10

Beds

0.36

Acres

About 614 Main Street

Calling all investors! Here is a fantastic investment opportunity in sought-after, University town of Wolfville, NS. This two-building, 6 unit opportunity has a solid occupancy history. Sitting on Main Street just a stroll to Acadia University and all that downtown has to offer. The primary home is a Victorian build with a 3 bedrm/1 bath unit on the main floor and a 3 bedrm/1 bath unit on the second floor. one unit with Laundry and a common area space with another washer/dryer. The second building offers 4 x 1 bedrm units, 2 on the main level and 2 on the top level, the top levels come with loft style bedrms. Walking distance to Acadia holds very high rental demand, primarily students, who in the main building do share accommodations. All units have fridges & stoves included in the sale. Downtown Wolfville is a 5-minute walk away with local restaurants, shopping centres and bars. Kings Transit bus service is available and access to major Highway #101 is only a 5-minute drive, Halifax with an international airport is approximately an hour away. This fantastic investment opportunity has committed rent rolls for majority of the units until April 2024. The building is well maintained & shows well, so future maintenance costs are expected to be lower going forward. Please allow 36 hours notice for showings.

Features of 614 Main Street

MLS® # 202400176
Price $858,500
Bedrooms 10
Acres 0.36
Type Residential Income
Sub-Type Multi Family
Status Closed
Date Sold December 20th, 2023

Community Information

Address 614 Main Street
Area Annapolis Valley
District Kings County
Sub-District V2
City Wolfville
County Kings
Province NS
Postal Code B4P 1T4

Amenities

Utilities Electricity Connected
Parking Paved
Is Waterfront No
Has Pool No

Interior

Interior Features See Remarks
Appliances Stove, Dryer, Washer, Refrigerator, Dishwasher
Heating Baseboard, Forced Air
Fireplace No
Has Basement Yes
Basement Unfinished

Exterior

Lot Description 0.5 to 0.99 Acres
Roof Asphalt
Construction Shingle Siding, Vinyl Siding
Foundation Concrete Perimeter, Slab, Stone

School Information

Elementary Wolfville School
High Horton High School

Additional Information

Zoning R3

Listing Details

OfficeExit Realty Town & Country

Listing Map