663 Main Street, Wolfville, NS

$1,165,000

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9

Beds

0.42

Acres

About 663 Main Street

Turn-Key Investment in the Heart of Wolfville Welcome to 663 Main Street, a fully renovated, income-generating property ideally located within walking distance to Acadia University and charming downtown Wolfville. This is a rare opportunity to invest in one of Nova Scotia’s most desirable university towns. The building has been completely redone, including roof shingles new heat pumps in each room and common areas, new windows throughout, and extensive interior upgrades. Though legally a duplex, it’s currently operating as a room-by-room rental, with each bedroom offering a private ensuite bathroom and two fully equipped shared kitchens for tenant convenience. This property delivers serious cash flow with a gross annual income just shy of $130,000 and a net income of over $90,000, resulting in an impressive cap rate of over 7%. Bonus: there’s a spacious, unfinished attic offering excellent potential for future development, whether more living space, common areas, or additional rental income. Whether you’re an experienced investor or just stepping into the market, 663 Main Street checks all the boxes: location, income, quality, and room to grow. Please note: the property will be subdivided from a larger parcel by the seller at their expense prior to closing.

Features of 663 Main Street

MLS® # 202514998
Price $1,165,000
Bedrooms 9
Acres 0.42
Year Built 1905
Type Residential Income
Sub-Type Duplex
Status Active

Community Information

Address 663 Main Street
Area Annapolis Valley
Subdivision V2
City Wolfville
County Kings
Province NS
Postal Code B4P 1G3

Amenities

Utilities Electricity Connected, Propane
Parking Gravel
Is Waterfront No
Has Pool No

Interior

Appliances Oven, Washer/Dryer, Refrigerator, Stove, Washer, Dryer
Heating Baseboard, Ductless
Fireplace No
Has Basement Yes
Basement Full, Unfinished

Exterior

Lot Description Under 0.5 Acres
Roof Asphalt
Construction Wood Siding
Foundation Stone

School Information

Elementary Wolfville School
High Horton High School

Additional Information

Zoning R3

Listing Details

OfficeExit Realty Town & Country

Listing Map

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