59 Hillside Avenue
Kings County Wolfville B4P 2A9

$1,690,000
Multi-Family

SOLD OVER THE LISTING PRICE!
Main Photo: 59 Hillside Avenue in Wolfville: Kings County Multi-Family for sale (Annapolis Valley)  : MLS®# 202407004
Photo 1: 59 Hillside Avenue in Wolfville: Kings County Multi-Family for sale (Annapolis Valley)  : MLS®# 202407004
Photo 2: 59 Hillside Avenue in Wolfville: Kings County Multi-Family for sale (Annapolis Valley)  : MLS®# 202407004
Photo 3: 59 Hillside Avenue in Wolfville: Kings County Multi-Family for sale (Annapolis Valley)  : MLS®# 202407004
Photo 4: 59 Hillside Avenue in Wolfville: Kings County Multi-Family for sale (Annapolis Valley)  : MLS®# 202407004
Photo 5: 59 Hillside Avenue in Wolfville: Kings County Multi-Family for sale (Annapolis Valley)  : MLS®# 202407004
Photo 6: 59 Hillside Avenue in Wolfville: Kings County Multi-Family for sale (Annapolis Valley)  : MLS®# 202407004
Photo 7: 59 Hillside Avenue in Wolfville: Kings County Multi-Family for sale (Annapolis Valley)  : MLS®# 202407004
Photo 8: 59 Hillside Avenue in Wolfville: Kings County Multi-Family for sale (Annapolis Valley)  : MLS®# 202407004
Photo 9: 59 Hillside Avenue in Wolfville: Kings County Multi-Family for sale (Annapolis Valley)  : MLS®# 202407004
Photo 10: 59 Hillside Avenue in Wolfville: Kings County Multi-Family for sale (Annapolis Valley)  : MLS®# 202407004
Photo 11: 59 Hillside Avenue in Wolfville: Kings County Multi-Family for sale (Annapolis Valley)  : MLS®# 202407004
Photo 12: 59 Hillside Avenue in Wolfville: Kings County Multi-Family for sale (Annapolis Valley)  : MLS®# 202407004
Photo 13: 59 Hillside Avenue in Wolfville: Kings County Multi-Family for sale (Annapolis Valley)  : MLS®# 202407004
Photo 14: 59 Hillside Avenue in Wolfville: Kings County Multi-Family for sale (Annapolis Valley)  : MLS®# 202407004
Photo 15: 59 Hillside Avenue in Wolfville: Kings County Multi-Family for sale (Annapolis Valley)  : MLS®# 202407004
Status:
Sold
Sold Date:
Jun 03, 2024
Listed Price:
$1,650,000
Sold Price:
$1,690,000
Sold in:
52 days
Prop. Type:
Multi-Family
MLS® Num:
202407004
Welcome to your next investment opportunity in the charming town of Wolfville! This 11-unit apartment building presents a rare chance to own a piece of prime real estate within walking distance to the prestigious University of Acadia and a plethora of amenities. Nestled in the heart of Wolfville, this property offers not only immediate rental income from its existing units but also the exciting potential for future growth and expansion. With a vacant lot included in the sale, you have the opportunity to capitalize on this blank canvas and potentially add another 8 units to the portfolio. Imagine the possibilities of increasing your rental income and maximizing your investment with additional development. Whether you're a seasoned investor looking to diversify your portfolio or a savvy entrepreneur seeking a lucrative opportunity, this property offers the perfect blend of stability and growth potential. Don't miss out on this rare chance to own a piece of Wolfville's thriving real estate market. Seize the opportunity to invest in your future today!
Listing Sub-Area:
Kings County
Property Type:
Multi-Family
Multi-Family Type:
9 - 12 Unit
Title To Land:
Freehold
Building Dimenions:
IRREGULAR
Lot Size:
0.71 acre(s)
Prop Size:
0.5 to 0.99 Acres
Commercial / Retail Space:
No
# of Rental Units / Occupied:
11
# Floors:
2
Exterior Finish:
Vinyl
Foundation:
Concrete
New Constr.:
No
Basement:
Full, Undeveloped
Floor Finish:
Laminate, Linoleum
Roof:
Asphalt Shingle
Heating:
Furnace
Fuel:
Oil
Parking Description:
Multiple driveways, Multiple parking
Driveway:
Multiple Driveways, Parking Spaces(s)
Water Supply:
Municipal
Sewer:
Municipal
Num Units:
11
Num Bachelor Units:
1
Num 1 Bed Units:
2
Num 2 Bed Units:
5
Num 3 Bed Units:
2
Num 4 Bed Units:
1
# Of Dryers:
1
# Of Fridges:
11
# Of Stoves:
11
# Of Washers:
1
Rental Income:
13,988/Month
Laundry Income:
TBD
Taxes Costs:
14,400/APPROX LAST YEAR
Heating Bill:
$9243.75/Jan 4/24-April 11/24
Electricity Bill:
$7743/yr &new leases not INCLU
Approx. Total Income:
167,856/Year
11 Stoves, 11 Fridges, 1 Coin Washer, 1 Coin Dryer
TENANTS PERSONAL EFFECTS
None
No
Assessment:
1061600.0
Assessment Year:
2024
Zoning:
R2/R4
Elementary School:
Wolfville School
Middle School:
Wolfville School
High School:
Horton High School
Possession Info:
Immediate
Listed Date:
Apr 12, 2024
Days on Mkt:
44
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Listed by EXP Realty of Canada Inc.(Kentville)
Data was last updated May 26, 2024 at 07:20 AM (UTC)