Introducing an exceptional real estate opportunity in the charming town of Wolfville, Nova Scotia – a 64 unit portfolio comprising two remarkable buildings, 134 and 146 Gaspereau Avenue. The first of the two properties, constructed in 2014, boasts 23 contemporary and generously sized units. The second building, with a storied history spanning nearly half a century, stands as a testament to timeless design and enduring appeal. This 41-unit property has been lovingly updated and cared for. These units have been meticulously maintained, providing tenants with not only spacious living spaces but also an immaculate environment. Situated adjacent to the esteemed Acadia University, these buildings are at the very heart of the student scene, guaranteeing a constant influx of potential tenants. A noteworthy aspect of this portfolio is its consistent turnover rate, attributed to its prime location within the bustling student community. Its immaculate condition presents a unique opportunity to tap into Wolfville's rich rental market. Wolfville itself is a renowned tourist destination, celebrated for its breathtaking natural beauty and vibrant atmosphere. As one of the province's most sought-after locations, it consistently draws tourists and visitors. The properties benefit from the convenience of having a wide range of amenities, including some of the province's finest restaurants and vineyards, just moments away. This investment opportunity offers not only a steady income stream but also significant growth potential. Owning a piece of Wolfville's thriving real estate market is a rare privilege. We invite you to contact us without delay to explore
Listing Sub-Area:
Kings County
Property Type:
Multi-Family
Multi-Family Type:
Over 12 Units
Title To Land:
Freehold
Building Dimenions:
N/A
Lot Size:
3.68 acre(s)1.489 hectare(s)
Prop Size:
3 to 9.99 Acres
# of Rental Units / Occupied:
64
Exterior Finish:
Brick, Vinyl
Foundation:
Concrete
Basement:
None
Floor Finish:
Carpet, Ceramic, Laminate, Vinyl
Roof:
Asphalt Shingle
Heating:
Baseboard, Hot Water, In Floor
Fuel:
Oil, Propane
Parking:
Yes
Parking Description:
Parking Lot
Driveway:
Paved
Water Supply:
Municipal
Sewer:
Municipal
Num Units:
64
Rental Income:
Yes
Balcony, Laundry
Tenants Items
Park, Playground, Public Transit, Recreation Center, School Bus Service, Shopping
Data was last updated December 7, 2023 at 03:20 PM (UTC)
Area Statistics
Listings on market:
17
Avg list price:
$519,000
Min list price:
$250,000
Max list price:
$10,500,000
Avg days on market:
57
Min days on market:
9
Max days on market:
185
These statistics are generated based on the current listing's property type
and located in
Kings County. Average values are
derived using median calculations.