Listing Details

Status
PENDING
Listing Price
$1,150,000
MLS®
201922695
Type
Single Family
Style
Other
Square Footage (MLA)
5,000  ft2
Total Fin SqFt (TLA)
5,000  ft2
PID
55273387

 
Bedrooms
13
Full Baths
4
Half Baths
1

 
Water
Municipal
Sewer
Municipal

 
Heating/Cooling Types
Baseboard,Furnace,Heat Pump -Ducted,In Floor


 
Utilities
Cable,Electricity,High Speed Internet,Telephone,Other


Overview

Fantastic opportunity to own two income properties in the heart of Downtown Wolfville. These side-by-side properties have never been offered on the MLS, and their income yield, location, condition, updates, proximity to Acadia University, and the quality of tenants make this investment a no brainer - not to mention a capitalization rate of 6%-7%. Combined, the lot sizes equal 13,525 square feet, which presents huge opportunity to capitalize on the many possibilities the properties are zoned for. Both have had many capital repairs completed. 17 Linden Ave updates include a standing seam metal roof, new hot water heater, updated electrical (100 AMPS), new furnace, new chimney, updated kitchen and bathroom, all new windows, new doors and the garage is wired; 19 Linden Ave updates include standing seam metal roof, copper down-pipe and gutter, new ICF foundation with in-floor heat (the house was raised and pushed back 12ft to add an addition onto the front of the home, and the old foundation was replaced with the new ICF). New ducted heat-pump system with back up oil, updated bathrooms, new old tank, new plumbing, new electrical (200APMS/100AMPS), fence and deck updated. 19 Linden Ave $63,960/year: 6 bedroom apartment with large kitchen, pantry, living room, laundry and 3 full bathrooms; plus a self-contained, 3 bedroom, basement apartment. 17 Linden Ave $24,960/year: 4 bedroom apartment, updated kitchen, updated bathroom, large unfinished basement area, and a single detached garage.

Building Specs.

Foundation Type
Concrete
Roof
Metal
Exterior Finish
Wood Shingles
Flooring
Hardwood,Tile

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Virtual Tour


Garage & Parking

Garage
Y
Details
single detached

Inclusions

all appliances


Exclusions

tenants belongings


Demographic Data

Demographic data is based on the dissemination area that contains the listing parcel . Dissemination Areas are small areas composed of one or more neighbouring dissemination blocks. All of Canada is divided into dissemination areas. Data source: Environics Analytics via ArcGIS Online, 2017


Population Size

519

Median Age

47.8

Avg Household Size

1.8

Avg Household Income

$75K

The number of people for each age range.

How the population of this area is expected to change.

The highest level of education obtained by people within this area.

The maritial status of the people in this area.

The average household income within this area.

The number of people that rent versus own.

When the buildings in the area were constructed.

The number of children at home for the given age ranges.

The occupations of the people living here.


Tax Assessment

Year Amount % Change
2018 $256,200 7.3
2017 $276,500 1.6
2016 $281,000 2.4
2015 $288,000 1.6
2014 $283,400 0.0
2013 $283,300 2.8
2012 $275,600 ---

Maps



Last Updated On: 10/2/2019 12:59:44 AM (UTC)