Our Office Listings

23 Gaspereau Avenue
Kings County Wolfville B4P 2C4

$738,000
Multi-Family built: 1936

Main Photo: 23 Gaspereau Avenue in Wolfville: Kings County Multi-Family for sale (Annapolis Valley)  : MLS®# 202223027
Photo 1: 23 Gaspereau Avenue in Wolfville: Kings County Multi-Family for sale (Annapolis Valley)  : MLS®# 202223027
Photo 2: 23 Gaspereau Avenue in Wolfville: Kings County Multi-Family for sale (Annapolis Valley)  : MLS®# 202223027
Photo 3: 23 Gaspereau Avenue in Wolfville: Kings County Multi-Family for sale (Annapolis Valley)  : MLS®# 202223027
Photo 4: 23 Gaspereau Avenue in Wolfville: Kings County Multi-Family for sale (Annapolis Valley)  : MLS®# 202223027
Photo 5: 23 Gaspereau Avenue in Wolfville: Kings County Multi-Family for sale (Annapolis Valley)  : MLS®# 202223027
Photo 6: 23 Gaspereau Avenue in Wolfville: Kings County Multi-Family for sale (Annapolis Valley)  : MLS®# 202223027
Photo 7: 23 Gaspereau Avenue in Wolfville: Kings County Multi-Family for sale (Annapolis Valley)  : MLS®# 202223027
Photo 8: 23 Gaspereau Avenue in Wolfville: Kings County Multi-Family for sale (Annapolis Valley)  : MLS®# 202223027
Photo 9: 23 Gaspereau Avenue in Wolfville: Kings County Multi-Family for sale (Annapolis Valley)  : MLS®# 202223027
Photo 10: 23 Gaspereau Avenue in Wolfville: Kings County Multi-Family for sale (Annapolis Valley)  : MLS®# 202223027
Photo 11: 23 Gaspereau Avenue in Wolfville: Kings County Multi-Family for sale (Annapolis Valley)  : MLS®# 202223027
Photo 12: 23 Gaspereau Avenue in Wolfville: Kings County Multi-Family for sale (Annapolis Valley)  : MLS®# 202223027
Photo 13: 23 Gaspereau Avenue in Wolfville: Kings County Multi-Family for sale (Annapolis Valley)  : MLS®# 202223027
Photo 14: 23 Gaspereau Avenue in Wolfville: Kings County Multi-Family for sale (Annapolis Valley)  : MLS®# 202223027
Photo 15: 23 Gaspereau Avenue in Wolfville: Kings County Multi-Family for sale (Annapolis Valley)  : MLS®# 202223027
Photo 16: 23 Gaspereau Avenue in Wolfville: Kings County Multi-Family for sale (Annapolis Valley)  : MLS®# 202223027
Photo 17: 23 Gaspereau Avenue in Wolfville: Kings County Multi-Family for sale (Annapolis Valley)  : MLS®# 202223027
Photo 18: 23 Gaspereau Avenue in Wolfville: Kings County Multi-Family for sale (Annapolis Valley)  : MLS®# 202223027
Photo 19: 23 Gaspereau Avenue in Wolfville: Kings County Multi-Family for sale (Annapolis Valley)  : MLS®# 202223027
Photo 20: 23 Gaspereau Avenue in Wolfville: Kings County Multi-Family for sale (Annapolis Valley)  : MLS®# 202223027
Photo 21: 23 Gaspereau Avenue in Wolfville: Kings County Multi-Family for sale (Annapolis Valley)  : MLS®# 202223027
Photo 22: 23 Gaspereau Avenue in Wolfville: Kings County Multi-Family for sale (Annapolis Valley)  : MLS®# 202223027
Photo 23: 23 Gaspereau Avenue in Wolfville: Kings County Multi-Family for sale (Annapolis Valley)  : MLS®# 202223027
Photo 24: 23 Gaspereau Avenue in Wolfville: Kings County Multi-Family for sale (Annapolis Valley)  : MLS®# 202223027
Photo 25: 23 Gaspereau Avenue in Wolfville: Kings County Multi-Family for sale (Annapolis Valley)  : MLS®# 202223027
Photo 26: 23 Gaspereau Avenue in Wolfville: Kings County Multi-Family for sale (Annapolis Valley)  : MLS®# 202223027
Photo 27: 23 Gaspereau Avenue in Wolfville: Kings County Multi-Family for sale (Annapolis Valley)  : MLS®# 202223027
Photo 28: 23 Gaspereau Avenue in Wolfville: Kings County Multi-Family for sale (Annapolis Valley)  : MLS®# 202223027
Status:
Pending
Prop. Type:
Multi-Family
MLS® Num:
202223027
Year Built:
1936
Fantastic Investment Property. With over 3,000 ft2 of living space. Located within walking distance to downtown Wolfville and Acadia University. Main floor is a 4 bedroom apartment, 1 1/2 baths and laundry facilities, 2nd floor is a 3 bedroom apartment, 1 bath and laundry facilities, and 3rd floor is a 2 bedroom apartment, 1 bath with laundry facilities. Plenty of parking. Electric Heat - Baseboard and Heat Pumps. Some updates - exterior repainted, roof re-shingled in 2019, main level repainted in 2022, back deck and front steps have been repaired or replaced in 2021, new gravel added to driveway. Apt # 1 - $ 650 x 4 x 12 = $31,200 (heat/lights included), Apt # 2 - $ 510 x 3 x 12 = $ 18,360 (tenants pay heat/lights). Apt # 3 - currently vacant, but added to income at market rate of $ 550 x 2 x 12 = $ 13,200 with tenants paying their own electricity/heat.
Listing Sub-Area:
Kings County
Property Type:
Multi-Family
Multi-Family Type:
Triplex
Title To Land:
Freehold
Building Dimenions:
Irregular
Prop Size:
Under 0.5 Acres
Commercial / Retail Space:
No
# of Rental Units / Occupied:
2
Year built:
1936 (Age: 86)
Age:
86
# Floors:
3
Exterior Finish:
Wood Siding
Foundation:
Block, Concrete, Stone
Basement:
Full, Partially Developed
Floor Finish:
Hardwood, Laminate
Roof:
Asphalt Shingle
Heating:
Baseboard, Heat Pump -Ductless
Fuel:
Electric
Driveway:
Gravel
Water Supply:
Municipal
Water And Sewage:
$ 1,145.78
Sewer:
Municipal
Num Units:
3
Num 2 Bed Units:
1
Num 3 Bed Units:
1
Num 4 Bed Units:
1
# Of Dryers:
3
# Of Fridges:
3
# Of Stoves:
3
# Of Washers:
3
Rental Income:
Yes, $62,760
Approx. Net Income:
$ 45,798.55
Insurance Expense:
$ 3,830
Taxes Costs:
$ 5,829.67
Snow / Garbage Collection:
$ 1656
Heating Bill:
Tenants
Electricity Bill:
$ 4,500 (Estimate)
Approx. Total Expense:
$ 16,691.45
Approx. Total Income:
$62,760
Air Conditioning, Laundry
3 Fridges, 3 Stoves, 3 Dryers, 3 Washers
Park, Playground, Public Transit, Recreation Center, School Bus Service, Shopping, Place of Worship
Stove, Dryer, Washer, Refrigerator
None
Deck, None
No
Assessment:
407400.0
Assessment Year:
2022
Zoning:
R-2
Possession Info:
Negotiable
Listed Date:
Sep 23, 2022
Days on Mkt:
11
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Data was last updated October 4, 2022 at 11:20 AM (UTC)
Area Statistics
Listings on market:
23
Avg list price:
$469,900
Min list price:
$176,000
Max list price:
$1,399,999
Avg days on market:
77
Min days on market:
8
Max days on market:
237
These statistics are generated based on the current listing's property type and located in Kings County. Average values are derived using median calculations.
Kevin Stacey, REALTOR®