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Home NS Wolfville
18 Woodman Road
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18 Woodman Road $1,050,000
Conditionally sold
$1,050,000
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18 Woodman Road
Wolfville, Nova Scotia B4P2M5

MLS® Number: 202406217

Listing Description

This fourplex is situated on a parklike half-acre lot in the historic town of Wolfville. The building includes a 3 bedroom unit with 2 ensuites while the other three units are two bedrooms & 1 bath. Units A&B have private laundry while units C&D share laundry. Just minutes from the heart of downtown Wolfville, this is an ideal location for young professionals. Vacancy has never been an issue with this sought-after building and location. Investors will be pleased to know that it currently carries an impressive cap rate with room to grow. Further, using current interest rates the property is cash flow positive.The roof was re-shingled in September 2020. Meanwhile, unit A was extensively renovated in 2022 with a new kitchen, bath, flooring, deck, patio door, lighting, drywall, plumbing, electrical, barn doors and paint throughout. In the last couple of years work updates on the building include some brand new appliances, new toilets, new sewer lift pump, municipal street connection and new heat pumps in all units. With its proximity to shopping, Acadia University, Church Brewing & countless wineries makes this a wonderful opportunity for all investors. (229113665)

Location Description

Main St to Woodman Rd

Property Summary

Property Type
Multi-family
Building Type
Fourplex
Community Name
Wolfville
Title
Freehold
Land Size
0.469 ac
Built in
1984
Parking Type
Parking Space(s)
Time on REALTOR.ca
95 days

Price and Sale History

Date Status Price
Jun 27, 2023 Sale Closed $860,000
Oct 30, 2020 Sale Closed $460,000

Building

Interior Features
Appliances Included
Barbeque, Range, Dishwasher, Dryer, Washer, Microwave, Refrigerator
Flooring
Carpeted, Ceramic Tile, Vinyl Plank
Building Features
Foundation Type
Concrete Perimeter
Heating & Cooling
Cooling
Heat Pump
Utilities
Utility Type
Cable Available (Unknown)
Utility Sewer
Municipal sewage system
Water
Municipal water
Exterior Features
Exterior Finish
Wood siding
Neighbourhood Features
Amenities Nearby
Golf Course, Shopping, Place of Worship
Parking
Parking Type
Parking Space(s)
Data provided by: Nova Scotia Association of REALTORS® 112 - 68 Highfield Park Drive, Dartmouth, Nova Scotia B3A 0E4

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