209 Gaspereau Avenue
Kings County Wolfville B4P 2E7

$650,000
Multi-Family built: 1974

209 Gaspereau Ave Wolfville
Photo 1: 209 Gaspereau Avenue in Wolfville: Kings County Multi-Family for sale (Annapolis Valley)  : MLS®# 202403550
Photo 2: 209 Gaspereau Avenue in Wolfville: Kings County Multi-Family for sale (Annapolis Valley)  : MLS®# 202403550
Photo 3: 209 Gaspereau Avenue in Wolfville: Kings County Multi-Family for sale (Annapolis Valley)  : MLS®# 202403550
Photo 4: 209 Gaspereau Avenue in Wolfville: Kings County Multi-Family for sale (Annapolis Valley)  : MLS®# 202403550
Photo 5: 209 Gaspereau Avenue in Wolfville: Kings County Multi-Family for sale (Annapolis Valley)  : MLS®# 202403550
Photo 6: 209 Gaspereau Avenue in Wolfville: Kings County Multi-Family for sale (Annapolis Valley)  : MLS®# 202403550
Photo 7: 209 Gaspereau Avenue in Wolfville: Kings County Multi-Family for sale (Annapolis Valley)  : MLS®# 202403550
Photo 8: 209 Gaspereau Avenue in Wolfville: Kings County Multi-Family for sale (Annapolis Valley)  : MLS®# 202403550
Status:
Pending
Prop. Type:
Multi-Family
MLS® Num:
202403550
Year Built:
1974
Welcome to a prime investment opportunity in the vibrant town of Wolfville. This purpose-built, 5-unit, income property boasts a strategic location and a solid rental history, making it an ideal addition to your portfolio. This building hosts one 2-bedroom unit and four 1-bedroom units, and a storage area. For investors with an eye on expansion, the zoning and generous lot size present a unique opportunity for growth, subject to Municipal approval. Imagine the potential for increasing the number of units and maximizing your returns. Currently, no vacancies, renting on year-to-year leases. Historical rental information is available to qualified buyers.
Listing Sub-Area:
Kings County
Property Type:
Multi-Family
Multi-Family Type:
5 - 8 Unit
Title To Land:
Freehold
Building Dimenions:
Irregular
Lot Size:
0.838 acre(s)
Prop Size:
0.5 to 0.99 Acres
# of Rental Units / Occupied:
5
Year built:
1974 (Age: 50)
Age:
50
# Floors:
1
Exterior Finish:
Brick
Foundation:
Slab
New Constr.:
No
Basement:
None
Floor Finish:
Carpet, Laminate, Vinyl, Other
Roof:
Asphalt Shingle
Heating:
Baseboard, Heat Pump -Ductless
Fuel:
Electric
Parking:
Yes
Parking Description:
Muliple spots
Driveway:
Gravel, Multiple Driveways
Water Supply:
Municipal
Water And Sewage:
352
Sewer:
Municipal
Num Units:
5
Num 1 Bed Units:
4
Num 2 Bed Units:
1
# Of Dryers:
3
# Of Fridges:
5
# Of Stoves:
5
# Of Washers:
3
Rental Income:
Yes, 49236
Approx. Net Income:
34116
Insurance Expense:
2879
Taxes Costs:
4760
Maintenace:
4206.0
Management expense:
1950
Snow / Garbage Collection:
810
Electricity Bill:
163
Approx. Total Expense:
15120
Approx. Total Income:
49236
Storage
Park, Public Transit, School Bus Service, Shopping
Stove, Dryer, Washer, Refrigerator
None
None
No
Zoning:
R3
Elementary School:
Wolfville School
Middle School:
Wolfville School
High School:
Horton High School
Possession Info:
Negotiable
Listed Date:
Feb 28, 2024
Days on Mkt:
49
  • Photo 1: 209 Gaspereau Avenue in Wolfville: Kings County Multi-Family for sale (Annapolis Valley)  : MLS®# 202403550
    209 Gaspereau Ave Wolfville
  • Photo 2: 209 Gaspereau Avenue in Wolfville: Kings County Multi-Family for sale (Annapolis Valley)  : MLS®# 202403550
    Photo 2 of 8
  • Photo 3: 209 Gaspereau Avenue in Wolfville: Kings County Multi-Family for sale (Annapolis Valley)  : MLS®# 202403550
    Photo 3 of 8
  • Photo 4: 209 Gaspereau Avenue in Wolfville: Kings County Multi-Family for sale (Annapolis Valley)  : MLS®# 202403550
    Photo 4 of 8
  • Photo 5: 209 Gaspereau Avenue in Wolfville: Kings County Multi-Family for sale (Annapolis Valley)  : MLS®# 202403550
    Photo 5 of 8
  • Photo 6: 209 Gaspereau Avenue in Wolfville: Kings County Multi-Family for sale (Annapolis Valley)  : MLS®# 202403550
    Photo 6 of 8
  • Photo 7: 209 Gaspereau Avenue in Wolfville: Kings County Multi-Family for sale (Annapolis Valley)  : MLS®# 202403550
    Photo 7 of 8
  • Photo 8: 209 Gaspereau Avenue in Wolfville: Kings County Multi-Family for sale (Annapolis Valley)  : MLS®# 202403550
    Photo 8 of 8
Data was last updated April 17, 2024 at 01:20 AM (UTC)
Area Statistics
Listings on market:
16
Avg list price:
$424,950
Min list price:
$239,900
Max list price:
$10,500,000
Avg days on market:
51
Min days on market:
4
Max days on market:
269
These statistics are generated based on the current listing's property type and located in Kings County. Average values are derived using median calculations.
Maggie MacKay