179 Gaspereau Avenue Wolfville, Nova Scotia B4P 2E5

$375,000

This property is an impressive 5-bedroom, 2-bathroom single family home or income property (present income $4650.00 per month) situated on a nicely landscaped lot, offering ample parking for convenience if used as an income property. Its strategic location close to Acadia University and downtown Wolfville enhances its appeal. The property boasts R2/4 zoning, which opens up various possibilities for use and development. Currently, the residence is a lucrative income property, rented out to students, ensuring a profitable revenue stream. Recent upgrades have significantly enhanced the property's value and appeal. All furnishings have been recently updated, providing a modern and comfortable living space for tenants. The roof has been newly shingled, and the installation of new eavestroughs and downspouts adds to the overall maintenance and longevity of the property. As an added bonus, the opportunity exists to acquire an adjoining R2/4 lot for an additional $150,000. This presents potential buyers with the chance to expand the property or explore additional development options, making it a versatile investment opportunity. In summary, this property combines the charm of a Century home with the practicality of an income property, enhanced by recent upgrades and the potential for further expansion through the purchase of an adjoining lot. Its location near Acadia University and downtown Wolfville, coupled with the R4 zoning, positions it as an attractive and potentially lucrative real estate investment. (id:51013)

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https://www.realtor.ca/real-estate/26468118/179-gaspereau-avenue-wolfville-wolfville