18 Gaspereau Avenue, Wolfville, Nova Scotia B4P 2C4

Listed for:
$549,900
0 beds
0 baths
Listed 73 days ago
Fourplex for rent: 18 Gaspereau Avenue, Wolfville, Nova Scotia B4P 2C4

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About

Main Street in Wolfville to Gaspereau Avenue, head south and watch for civic #18 on the right hand side along with Kevin Scott Real Estate Team / Royal LePage Atlantic for sale sign. Exceptional income potential meets strategic development upside in the heart of Wolfvilles historic downtown. This prime-location fourplex offers a rare combination of immediate stability and long-term growth within Wolfvilles high-demand rental market. The property consists of two spacious two-bedroom units and two efficient bachelor units, supported by a remarkable 26-year track record of consistent occupancy. The current rent roll totals $4,410 per month, representing $52,920 in annualized gross rental income. Each unit is individually metered, with tenants responsible for electricity, supporting efficient and predictable operating costs. Detailed income and expense information is available to qualified buyers. The property also offers opportunities to strengthen future income through natural turnover and targeted cosmetic improvements to kitchens and interior finishes. Whether you are looking for a reliable long-term rental investment or a strategic development pipeline asset, this property allows you to generate income while navigating the design and permitting process for future intensification. Secure your foothold in one of Nova Scotias most consistent rental markets and get paid to wait for the next phase of Wolfvilles downtown evolution. (id:27476)

Property Highlights

MLS® Number
202609410
Type
Multi-family
Community Name
Wolfville
Ownership Type
Freehold
Land Size
0.1607 ac

Building

Building Type
Fourplex
Amenities
Park, Playground, Public Transit, Shopping, Place of Worship
Exterior Finish
Vinyl
Fireplace Present
No
Basement Type
Basement Features
Building Heating Type
Baseboard heaters, Heat Pump, Ductless
Heating Fuel
Electric
Building Cooling Type

Utilities

Water
Municipal water
Utility Sewer
Municipal sewage system

Location

Learn more about this property
Listing provided by:
Royal LePage Atlantic (New Minas)
MLS® number:
202609410
Agent:
Kevin Scott
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