2023/24 gross rents (leases in place) are $50,100 for an approximate net income of $39,899 based on 2021 expenses. All heating is electric (ductless mini splits/ baseboard). Each unit is individually metered, and paid for by tenants. The landlord is responsible for one common element meter that includes one heat pump and one hot water tank (annual cost $1020 in 2021). Four units total: two 2 bedroom units, and two bachelor units. Vendor has had 0 vacant units in 23 years. There are virtual tours for each unit, links available upon request.
Property Details
Price : $599,000
Property Type : Multi-unit
Listing Type : For Sale
Listing ID : 202217585
View : Street
Bedrooms : 0
Bathrooms : 0
Half Bathrooms : 0
Square Footage : 0 Sqft
Year Built : 1023
Lot Area : 0 Acre
SubType : Fourplex
Status : Active
Features
Basement : Undeveloped
Roof Deck : Asphalt Shingle
Flooring : Laminate, Tile, Vinyl
Appliances Included : Stove, Refrigerator
Heating/Cooling Type : Baseboard, Heat Pump -ductless
Foundation : Stone
Water Source : Municipal
Features : Air Conditioning
Inclusions : Dock
Address Map
Country : Canada
Province : NS
County : Kings
City : Wolfville
Area : Annapolis Valley
Postal Code : B4P 2C4
Street : 18 Gaspereau Avenue
District : Kings County
Sub-District : V2
Zoning : C-2
Directions to Property : Main Street Wolfville to Gaspereau Avenue.