Just a short walk to downtown Wolfville, this updated up/down duplex presents an excellent opportunity for investors or owner-occupants seeking mortgage/rental income. Situated on a large lot with a spacious yard, there's plenty of room for gardening, outdoor play, or entertaining. Extensively updated since 2021, both units have benefited from significant cosmetic improvements, including updated bathrooms, fresh paint, modern light fixtures, custom blinds, new appliances, all less than three years old. The upper unit also features a new heat pump, pellet stove, and durable vinyl plank flooring throughout most living areas. The bright upper-level unit offers 2 bedrooms, a spacious living room, a large eat-in kitchen with ample cabinet space and natural light, a generous laundry room with excellent storage, and an oversized bathroom accessible from both the primary bedroom and hallway. The bathroom features a freestanding tub, separate shower, and plenty of room for busy mornings. The upper unit also enjoys a large rear deck overlooking the yard and also can come fully furnished (UPPER UNIT ONLY). The lower unit offers a similar layout with 3 bedrooms. The area beneath the upper laundry room serves as the lower-level bathroom, while the space corresponding to the large upper bathroom has been configured as an additional bedroom, creating a functional and desirable three-bedroom unit. A newly paved driveway provides parking for multiple vehicles, with space for three cars side-by-side. Separate power meters allow tenants to pay their own electricity and utility costs, helping reduce operating expenses and simplify management. Located just minutes from shops, restaurants, amenities, and Acadia University, this property offers strong rental appeal. The upper unit is an owner-occupied arrangement and could offer additional revenue potential if rented at full market occupancy. This is a turnkey investment in the Valley's most sought-after community, don't miss out! (id:4069)
Address
8 Iona Road
List Price
$624,000
Property Type
Multi-family
Type of Dwelling
Duplex
Transaction Type
Sale
Area
Nova Scotia
Sub-Area
Wolfville
Lot Size
0.2961 Sq. Ft.
Year Built
1996
MLS® Number
202613889
Listing Brokerage
MacKay Real Estate Ltd.
Postal Code
B4P2H1
Ownership
Freehold
Site Influences
Golf Course, Park, Playground, Public Transit, Shopping, Place of Worship
Community Features
Recreational Facilities, School Bus
Appliances
Stove, Dryer, Washer, Refrigerator
Heat Source
Electric, Pellet
Heat Type
Baseboard heaters, Heat Pump, Ductless, Stove
Cooling Features
Air Conditioned
Foundation Details
Concrete Perimeter
Other Structures
Shed
Water Source
Municipal water
Sewer
Municipal sewage system
