663 Main Street (MLS® 202514998)

Wolfville, NS, B4P 1G3

Summary

MLS ®:
 202514998
Price:
 $1,165,000
Status:
 Active
District:
 DIKIN
Zoning:
 R3
Property Type:
 Duplex
Title To Land:
 Freehold

Income

Approx. Total Income:
 $10,723.50 = YR$128,682
Approx. Net Income:
 $7,854 =YR$94,248
Income Details:
Call 902-499-7886

Expenses

Maintenance Expense:
 $300
Water & Sewage Expense:
 $350
Insurance Expense:
 $388
Tax Costs:
 $853
Electricity Bill:
 $979
Expense Details:
Call 902-499-7886

Property Overview

663 Main Street, Wolfville (MLS® 202514998): Turn-Key Investment in the Heart of Wolfville Welcome to 663 Main Street, a fully renovated, income-generating property ideally located within walking distance to Acadia University and charming downtown Wolfville. This is a rare opportunity to invest in one of Nova Scotia’s most desirable university towns. The building has been completely redone, including roof shingles new heat pumps in each room and common areas, new windows throughout, and extensive interior upgrades. Though legally a duplex, it’s currently operating as a room-by-room rental, with each bedroom offering a private ensuite bathroom and two fully equipped shared kitchens for tenant convenience. This property delivers serious cash flow with a gross annual income just shy of $130,000 and a net income of over $90,000, resulting in an impressive cap rate of over 7%. Bonus: there’s a spacious, unfinished attic offering excellent potential for future development, whether more living space, common areas, or additional rental income. Whether you’re an experienced investor or just stepping into the market, 663 Main Street checks all the boxes: location, income, quality, and room to grow. Please note: the property will be subdivided from a larger parcel by the seller at their expense prior to closing.

Listing Courtesy of: Exit Realty Town & Country

Directions

Use GPS

Building Specs.

Building Age:
120
Building Dimensions:
Irregular
Foundation Type:
Stone
Roof Material:
Asphalt Shingle
Exterior Finish:
Wood Siding
Flooring Type:
Vinyl Plank
Heating & Cooling:
Baseboard, Heat Pump -Ductless
Water:
Municipal
Sewage:
Municipal
Title:
Freehold

Garage & Parking

Garage:
No
Driveway/Parking:
Gravel

Schools

Elem. School: Wolfville School
High School: Horton High School

Rental Equipment

None

Map

Contact Agent


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