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Duplex For Sale

$720,000

58 Marsh Hawk Drive

MLS® Number: 202522388

Land Size

0.153

Year Built

1994

About This Property

Presenting a prime investment opportunity in the desirable Marsh Hawk area of Wolfville, this spacious over/under duplex is conveniently located just a short stroll from Acadia University Campus. It offers easy access to all the conveniences of downtown Wolfville. It comprises nine student-occupied rooms, all fully furnished (see schedule A) and newly renewed fixed term leases for the following year (ending 30th Day of April 2027). The property underwent extensive renovations in 2011, which included new flooring throughout, two new kitchens, three full bathrooms, new lighting, and a new shed. Additional updates include a new roof in 2013 and a deck replacement at the back of the property in 2016. Unit A features five rentable rooms, plus a flex room, along with a kitchen and two full bathrooms. Unit B offers four rentable rooms, common space, kitchen, full bathroom, and coin laundry facilities. Each unit has its own water heater and separate meter. This property presents an ideal investment opportunity for those looking to enter the thriving Wolfville rental market. Its proximity to Acadia University guarantees a consistent demand from students, ensuring it remains a lucrative and dependable asset. Dont miss the opportunity to invest in this well-maintained and perfectly located in the flourishing Wolfville rental landscape.

Property Details

Interior Details

Appliances

Washer, Refrigerator, Oven - Electric, Dishwasher, Dryer

Basement

Finished, Full

Flooring

Hardwood, Laminate

Building & Exterior

Exterior Features

Vinyl

Foundation Details

Concrete Perimeter

Parking Features

Paved Yard, Shared

Year Built

1994

Land & Location

City Region

Wolfville

Community Features

School Bus

Lot Size Area

0.153 acres

Lot Size Dimensions

0.153

Parcel Number

55343347

Postal Code

B4P1B2

Listing & Financials

Listing Office

MacKay Real Estate Ltd.

Originating System Name

Nova Scotia Association of REALTORS®

Other Specifications

Common Interest

Freehold

Country

Canada

Mortgage Calculator

20% ($144,000)
5.5%
25 Years

Estimated Monthly Payment

$3,537

Principal and interest only. Actual rates may vary.

Location & Map

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