18 Woodman Road (MLS® 202623462)

Wolfville, NS, B4P 2M5

Summary

MLS ®:
 202623462
Price:
 $1,035,000
Status:
 Active
District:
 DIKIN
Zoning:
 R-4
Property Type:
 Fourplex
Title To Land:
 Freehold

Income

Approx. Total Income:
 98169
Approx. Net Income:
 $74,734
Income Details:
Call 902-499-7886

Expenses

Approx. Total Expenses:
 $23,425
Maintenance Expense:
 $592.86
Snow & Garbage Expense:
 $1787.20
Water & Sewage Expense:
 $1007.26
Insurance Expense:
 $5202.63
Tax Costs:
 $13,639
Other Costs:
 $1196.42
Expense Details:
Call 902-499-7886

Property Overview

18 Woodman Road, Wolfville (MLS® 202623462): Incredible opportunity to own a high income-generating fourplex in the heart of Wolfville. Why invest in multiple properties when you can get have four income streams under one roof? This unique, low-maintenance property offers strong returns with an impressive cap rate and the stability of all fixed-term leases, attracting a community of mature, reliable tenants. The building features three well-appointed 2-bedroom, 1-bath units, along with one spacious 3-bedroom unit complete with two ensuite baths ideal for maximizing rental flexibility and income potential. One unit is offered furnished, creating an excellent opportunity for flexible rental income, while the remaining units provide consistent, long-term revenue, with all tenants paying their own utilities. Ideally situated on the outskirts of town, the property provides a perfect balance of privacy and convenience- walking distance to local amenities, Lightfoot & Wolfville winery, and nearby access to the scenic Harvest Moon Trail. The property also features dedicated tenant parking, adding everyday ease and appeal. Extensive updates since 2020 enhance both value and peace of mind, including a new roof, extensive renovations to Unit A, some new appliances, heat pumps installed in all units, a new sewer lift pump and alarm, and new connection to municipal sewer services. A rare offering in a highly desirable location, this fourplex combines character, convenience, and a dependable income stream. Please note that all interior photos were taken prior to tenant occupancy.

Listing Courtesy of: Exit Realty Town & Country

Directions

From 101 take exit 10 and head towards Wolfville. Woodman Rd is first right after Lightfoot & Wolfville winery. Civic 18 on LHS.

Building Specs.

Building Age:
42
Building Dimensions:
Irregular
Foundation Type:
Concrete
Roof Material:
Asphalt Shingle
Exterior Finish:
Wood Siding
Flooring Type:
Carpet, Ceramic, Vinyl Plank
Heating & Cooling:
Baseboard, Heat Pump -Ductless
Water:
Municipal
Sewage:
Municipal
Title:
Freehold

Garage & Parking

Garage:
No
Parking:
Two Driveways, Tenant Parking
Driveway/Parking:
Multiple Driveways, Parking Spaces(s), Paved

Features

Air Conditioning, Apt Conforming, Laundry, Storage

Community Features

Park, Place of Worship, Playground, Public Transit, School Bus Service, Shopping

Schools

Elem. School: Wolfville School
Elem. School (French Imm.): New Minas Elementary School
Mid. School: Wolfville School
Mid. School (French Imm.): Evangeline Middle School
High School: Horton High School

Inclusions

Unit B is furnished, linens and personal items not included (itemized list of inclusions will be provided). 4 fridges, 4 stoves, 3 washers, 3 dryers, 2 dishwashers

Rental Equipment

None

Map

Contact Agent


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