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72 Highland Avenue in Wolfville: 404-Kings County Multi-Family for sale (Annapolis Valley) : MLS®# 202100237

72 Highland Avenue Wolfville B4P 1Z6 : 404-Kings County

Main Photo: 72 Highland Avenue in Wolfville: 404-Kings County Multi-Family for sale (Annapolis Valley)  : MLS®# 202100237banner
$389,900
Prop. Type:
Multi-Family
MLS® Num:
202100237
Status:
Active
Year Built:
1871
3 Unit building located in easy to rent area. Close to Acadia University & Amenities. Currently a great investment with opportunity for expansion! Zoned R-3, UNDER utilized potential! 6.5% return on investment. 5 Bedrooms, as follows: Duplex (over/under) - 2 bedrooms each flat, Self-contained separate 1 bedroom unit (cottage). Income based on $600 per bedroom x 4 - main house (heat/lights/water included in rent), $680 for cottage (tenant pays own utilities). 4th bedroom (in duplex) was occupied by owner's son, now vacant, seller can either find renter, prior to closing, or you can pick your own tenant.
Listing Sub-Area:
404-Kings County
Property Type:
Multi-Family
Multi-Family Type:
Triplex
Title To Land:
Freehold
Building Dimenions:
Irregular
Lot Details:
10,353 sq ft
Outside Dimenions:
Irregular
Lot Size:
Switch units of measure0.2 acre(s)
Prop Size:
Under 0.5 Acres
Commercial / Retail Space:
No
# of Rental Units / Occupied:
3
Year built:
1871 (Age: 150)
Age:
150
Exterior Finish:
Vinyl
Foundation:
Concrete, Stone
Basement:
Partial, Undeveloped
Floor Finish:
Carpet, Hardwood, Laminate, Vinyl
Roof:
Asphalt Shingle
Heating:
Baseboard, Forced Air, Furnace
Fuel:
Electric, Oil
Driveway:
Exposed Aggregate, Gravel
Water Supply:
Municipal
Water And Sewage:
$405.78
Sewer:
Municipal
Num Units:
3
Num 1 Bed Units:
1
Num 2 Bed Units:
2
# Of Dryers:
1
# Of Fridges:
3
# Of Stoves:
3
# Of Washers:
1
Rental Income:
Yes, $36,960
Approx. Net Income:
$25,521.35
Insurance Expense:
$2,700.31
Taxes Costs:
$2,081.91
Heating Bill:
$4,724.46
Electricity Bill:
$1,526.19
Approx. Total Expense:
$11,438.65
Approx. Total Income:
$36,960
Cable, Laundry, Telephone
3 Fridges, 3 Stoves
Playground, Public Transit, Recreation Center, Shopping
None
Shed
No
Assessment:
205700.0
Assessment Year:
2020
Zoning:
R-3
Possession Info:
30 Days
Listed Date:
Jan 08, 2021
Days on Mkt:
8
Data was last updated January 16, 2021 at 11:20 AM (UTC)
Kevin Stacey