Meet Our Agents

Phil Evans
REALTOR®
Bedford
902-449-6342
902-449-6342

18 Woodman Road
Kings County Wolfville B4P 2M5

$1,050,000
Multi-Family built: 1984

Main Photo: 18 Woodman Road in Wolfville: Kings County Multi-Family for sale (Annapolis Valley)  : MLS®# 202406217
Photo 1: 18 Woodman Road in Wolfville: Kings County Multi-Family for sale (Annapolis Valley)  : MLS®# 202406217
Photo 2: 18 Woodman Road in Wolfville: Kings County Multi-Family for sale (Annapolis Valley)  : MLS®# 202406217
Photo 3: 18 Woodman Road in Wolfville: Kings County Multi-Family for sale (Annapolis Valley)  : MLS®# 202406217
Photo 4: 18 Woodman Road in Wolfville: Kings County Multi-Family for sale (Annapolis Valley)  : MLS®# 202406217
Photo 5: 18 Woodman Road in Wolfville: Kings County Multi-Family for sale (Annapolis Valley)  : MLS®# 202406217
Photo 6: 18 Woodman Road in Wolfville: Kings County Multi-Family for sale (Annapolis Valley)  : MLS®# 202406217
Photo 7: 18 Woodman Road in Wolfville: Kings County Multi-Family for sale (Annapolis Valley)  : MLS®# 202406217
Photo 8: 18 Woodman Road in Wolfville: Kings County Multi-Family for sale (Annapolis Valley)  : MLS®# 202406217
Photo 9: 18 Woodman Road in Wolfville: Kings County Multi-Family for sale (Annapolis Valley)  : MLS®# 202406217
Photo 10: 18 Woodman Road in Wolfville: Kings County Multi-Family for sale (Annapolis Valley)  : MLS®# 202406217
Photo 11: 18 Woodman Road in Wolfville: Kings County Multi-Family for sale (Annapolis Valley)  : MLS®# 202406217
Photo 12: 18 Woodman Road in Wolfville: Kings County Multi-Family for sale (Annapolis Valley)  : MLS®# 202406217
Photo 13: 18 Woodman Road in Wolfville: Kings County Multi-Family for sale (Annapolis Valley)  : MLS®# 202406217
Photo 14: 18 Woodman Road in Wolfville: Kings County Multi-Family for sale (Annapolis Valley)  : MLS®# 202406217
Photo 15: 18 Woodman Road in Wolfville: Kings County Multi-Family for sale (Annapolis Valley)  : MLS®# 202406217
Photo 16: 18 Woodman Road in Wolfville: Kings County Multi-Family for sale (Annapolis Valley)  : MLS®# 202406217
Photo 17: 18 Woodman Road in Wolfville: Kings County Multi-Family for sale (Annapolis Valley)  : MLS®# 202406217
Photo 18: 18 Woodman Road in Wolfville: Kings County Multi-Family for sale (Annapolis Valley)  : MLS®# 202406217
Photo 19: 18 Woodman Road in Wolfville: Kings County Multi-Family for sale (Annapolis Valley)  : MLS®# 202406217
Photo 20: 18 Woodman Road in Wolfville: Kings County Multi-Family for sale (Annapolis Valley)  : MLS®# 202406217
Photo 21: 18 Woodman Road in Wolfville: Kings County Multi-Family for sale (Annapolis Valley)  : MLS®# 202406217
Photo 22: 18 Woodman Road in Wolfville: Kings County Multi-Family for sale (Annapolis Valley)  : MLS®# 202406217
Photo 23: 18 Woodman Road in Wolfville: Kings County Multi-Family for sale (Annapolis Valley)  : MLS®# 202406217
Photo 24: 18 Woodman Road in Wolfville: Kings County Multi-Family for sale (Annapolis Valley)  : MLS®# 202406217
Photo 25: 18 Woodman Road in Wolfville: Kings County Multi-Family for sale (Annapolis Valley)  : MLS®# 202406217
Photo 26: 18 Woodman Road in Wolfville: Kings County Multi-Family for sale (Annapolis Valley)  : MLS®# 202406217
Photo 27: 18 Woodman Road in Wolfville: Kings County Multi-Family for sale (Annapolis Valley)  : MLS®# 202406217
Photo 28: 18 Woodman Road in Wolfville: Kings County Multi-Family for sale (Annapolis Valley)  : MLS®# 202406217
Photo 29: 18 Woodman Road in Wolfville: Kings County Multi-Family for sale (Annapolis Valley)  : MLS®# 202406217
Status:
Active
Prop. Type:
Multi-Family
MLS® Num:
202406217
Year Built:
1984
This fourplex is situated on a parklike half-acre lot in the historic town of Wolfville. The building includes a 3 bedroom unit with 2 ensuites while the other three units are two bedrooms & 1 bath. Units A&B have private laundry while units C&D share laundry. Just minutes from the heart of downtown Wolfville, this is an ideal location for young professionals. Vacancy has never been an issue with this sought-after building and location. Investors will be pleased to know that itcurrently carries a 7.0% cap rate with room to grow. Further, using current interest rates the property is cash flow positive.The roof was re-shingled in September 2020. Meanwhile, unit A was extensively renovated in 2022 with a new kitchen, bath, flooring, deck, patio door, lighting, drywall, plumbing, electrical, barn doors and paint throughout. In the last couple of years work updates on the building include some brand new appliances, new toilets, new sewer lift pump, municipal street connection and new heat pumps in all units. With its proximity to shopping, Acadia University, Church Brewing & countless wineries makes this a wonderful opportunity for all investors.
Listing Sub-Area:
Kings County
Property Type:
Multi-Family
Multi-Family Type:
Fourplex
Title To Land:
Freehold
Building Dimenions:
Irregular
Lot Size:
20,429.64 sq. ft.
Prop Size:
0.5 to 0.99 Acres
Commercial / Retail Space:
No
# of Rental Units / Occupied:
4
Year built:
1984 (Age: 40)
Age:
40
Exterior Finish:
Wood Siding
Foundation:
Concrete
Basement:
Fully Developed
Floor Finish:
Carpet, Ceramic, Vinyl Plank
Roof:
Asphalt Shingle
Heating:
Baseboard, Heat Pump -Ductless
Fuel:
Electric
Parking:
Yes
Parking Description:
2 Paved Areas
Driveway:
Multiple Driveways, Parking Spaces(s), Paved
Water Supply:
Municipal
Water And Sewage:
700.00
Sewer:
Municipal
Num Units:
4
Num 2 Bed Units:
3
Num 3 Bed Units:
1
# Of Dishwashers:
2
# Of Dryers:
3
# Of Fridges:
4
# Of Microwaves:
2
# Of Stoves:
4
# Of Washers:
2
Rental Income:
Yes, 91500.00
Approx. Net Income:
71149.00
Insurance Expense:
4989.00
Taxes Costs:
7628.00
Maintenace:
850.0
Electricity Bill:
7184.00
Approx. Total Expense:
20651.00
Approx. Total Income:
91500.00
Apt Conforming, Cable, Laundry, Multi-Use Rooms, Telephone
Golf Course, Shopping, Place of Worship
Barbeque, Range, Dishwasher, Dryer, Washer, Microwave, Refrigerator
None
Deck, Patio
No
Zoning:
R1-A
Possession Info:
Negotiable
Listed Date:
Apr 03, 2024
Days on Mkt:
33
  • Photo 1: 18 Woodman Road in Wolfville: Kings County Multi-Family for sale (Annapolis Valley)  : MLS®# 202406217
    Photo 1 of 29
  • Photo 2: 18 Woodman Road in Wolfville: Kings County Multi-Family for sale (Annapolis Valley)  : MLS®# 202406217
    Photo 2 of 29
  • Photo 3: 18 Woodman Road in Wolfville: Kings County Multi-Family for sale (Annapolis Valley)  : MLS®# 202406217
    Photo 3 of 29
  • Photo 4: 18 Woodman Road in Wolfville: Kings County Multi-Family for sale (Annapolis Valley)  : MLS®# 202406217
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  • Photo 5: 18 Woodman Road in Wolfville: Kings County Multi-Family for sale (Annapolis Valley)  : MLS®# 202406217
    Unit A
  • Photo 6: 18 Woodman Road in Wolfville: Kings County Multi-Family for sale (Annapolis Valley)  : MLS®# 202406217
    Unit A
  • Photo 7: 18 Woodman Road in Wolfville: Kings County Multi-Family for sale (Annapolis Valley)  : MLS®# 202406217
    Unit A
  • Photo 8: 18 Woodman Road in Wolfville: Kings County Multi-Family for sale (Annapolis Valley)  : MLS®# 202406217
    Unit A
  • Photo 9: 18 Woodman Road in Wolfville: Kings County Multi-Family for sale (Annapolis Valley)  : MLS®# 202406217
    Unit A
  • Photo 10: 18 Woodman Road in Wolfville: Kings County Multi-Family for sale (Annapolis Valley)  : MLS®# 202406217
    Unit A
  • Photo 11: 18 Woodman Road in Wolfville: Kings County Multi-Family for sale (Annapolis Valley)  : MLS®# 202406217
    Unit A
  • Photo 12: 18 Woodman Road in Wolfville: Kings County Multi-Family for sale (Annapolis Valley)  : MLS®# 202406217
    Unit B
  • Photo 13: 18 Woodman Road in Wolfville: Kings County Multi-Family for sale (Annapolis Valley)  : MLS®# 202406217
    Unit B
  • Photo 14: 18 Woodman Road in Wolfville: Kings County Multi-Family for sale (Annapolis Valley)  : MLS®# 202406217
    Unit B
  • Photo 15: 18 Woodman Road in Wolfville: Kings County Multi-Family for sale (Annapolis Valley)  : MLS®# 202406217
    Unit B
  • Photo 16: 18 Woodman Road in Wolfville: Kings County Multi-Family for sale (Annapolis Valley)  : MLS®# 202406217
    Photo 16 of 29
  • Photo 17: 18 Woodman Road in Wolfville: Kings County Multi-Family for sale (Annapolis Valley)  : MLS®# 202406217
    Unit B
  • Photo 18: 18 Woodman Road in Wolfville: Kings County Multi-Family for sale (Annapolis Valley)  : MLS®# 202406217
    Unit B
  • Photo 19: 18 Woodman Road in Wolfville: Kings County Multi-Family for sale (Annapolis Valley)  : MLS®# 202406217
    Unit C
  • Photo 20: 18 Woodman Road in Wolfville: Kings County Multi-Family for sale (Annapolis Valley)  : MLS®# 202406217
    Unit C
  • Photo 21: 18 Woodman Road in Wolfville: Kings County Multi-Family for sale (Annapolis Valley)  : MLS®# 202406217
    Unit C
  • Photo 22: 18 Woodman Road in Wolfville: Kings County Multi-Family for sale (Annapolis Valley)  : MLS®# 202406217
    Unit C
  • Photo 23: 18 Woodman Road in Wolfville: Kings County Multi-Family for sale (Annapolis Valley)  : MLS®# 202406217
    Unit C
  • Photo 24: 18 Woodman Road in Wolfville: Kings County Multi-Family for sale (Annapolis Valley)  : MLS®# 202406217
    Unit D
  • Photo 25: 18 Woodman Road in Wolfville: Kings County Multi-Family for sale (Annapolis Valley)  : MLS®# 202406217
    Unit D
  • Photo 26: 18 Woodman Road in Wolfville: Kings County Multi-Family for sale (Annapolis Valley)  : MLS®# 202406217
    Unit D
  • Photo 27: 18 Woodman Road in Wolfville: Kings County Multi-Family for sale (Annapolis Valley)  : MLS®# 202406217
    Unit D
  • Photo 28: 18 Woodman Road in Wolfville: Kings County Multi-Family for sale (Annapolis Valley)  : MLS®# 202406217
    Photo 28 of 29
  • Photo 29: 18 Woodman Road in Wolfville: Kings County Multi-Family for sale (Annapolis Valley)  : MLS®# 202406217
    Photo 29 of 29
Listed by Keller Williams Select Realty
Data was last updated May 6, 2024 at 03:20 AM (UTC)
Area Statistics
Listings on market:
15
Avg list price:
$430,000
Min list price:
$239,900
Max list price:
$5,525,000
Avg days on market:
24
Min days on market:
3
Max days on market:
164
These statistics are generated based on the current listing's property type and located in Kings County. Average values are derived using median calculations.
Phil Evans, REALTOR®
Syna Rasmusson, REALTOR®