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307 Main Street
$479,000

This newly converted up/down legal duplex in the thriving community of Berwick NS presents a great opportunity for the first time home buyer, savvy investor,...
Exit Realty Town & Country
Office Listings
21 Prospect Street
Kings County
Wolfville
B4P 1L3
$1,285,000
Multi-Family
built: 1907
- Status:
- Active
- Prop. Type:
- Multi-Family
- MLS® Num:
- 202510355
- Year Built:
- 1907
- Photos (28)
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Welcome to the Oakes House a landmark Queen Anne Revival property ideally located just steps from Acadia University and downtown Wolfville. This fully leased, income-generating multi-unit gem offers investors a rare opportunity to acquire a character-rich property with strong, consistent returns. The main house spans three floors, each configured as a separate 3-bedroom units, each, fully rented. In addition, a charming 3-bedroom unit in the detached Carriage House completes the offering. In total, this well-managed property comprises 4 rentable units. All tenants are secured under new, annual fixed-term leases signed in May 2025, offering immediate cash flow and stability for the new owner. With an annual gross income exceeding $100,000, this is a robust addition to any real estate portfolio. Set on an expansive lot with development potential on the north side of the property, there is room to expand or explore additional uses (subject to municipal approvals). Combining timeless architecture, strong financials, and unmatched proximity to one of Nova Scotia's premier university towns, this is a rare and rewarding opportunity not to be missed.
- Travelling East on Hwy 1 (Main St), turn right up Gaspereau Avenue, right onto Prospect and the property will be on your left.
- Listing Sub-Area:
- Kings County
- Property Type:
- Multi-Family
- Multi-Family Type:
- Fourplex
- Title To Land:
- Freehold
- Building Dimenions:
- 18x14x5x8x5x12x10x8.2x12.5x8.2x14x5x13x8x19
- Outside Dimenions:
- Main-18x14x5x8x5x12x10x8.2x12.5x8.2x14x5x13x8x19 / Carriage-12x11x29x21.25x29
- Lot Size:
- 17,759 sq. ft.1,650 m2
- Prop Size:
- Under 0.5 Acres
- # of Rental Units / Occupied:
- 4
- Year built:
- 1907 (Age: 118)
- Age:
- 118
- Exterior Finish:
- Vinyl, Wood Siding
- Foundation:
- Concrete, Other
- Basement:
- Partially Developed
- Floor Finish:
- Hardwood, Laminate
- Roof:
- Asphalt Shingle
- Heating:
- Baseboard, Ducted Cooling, Furnace, Heat Pump -Ducted, Heat Pump -Ductless, Ductless Cooling
- Fuel:
- Oil
- Parking:
- Yes
- Parking Description:
- Multiple Parking for Tenants
- Driveway:
- Paved
- Water Supply:
- Municipal
- Sewer:
- Municipal
- Num Units:
- 4
- Num 3 Bed Units:
- 4
- # Of Dishwashers:
- 2
- # Of Dryers:
- 1
- # Of Fridges:
- 4
- # Of Stoves:
- 4
- # Of Washers:
- 1
- Rental Income:
- Yes, 109,000.00
- Laundry Income:
- 500.00
- Other Income:
- 4000.00- Power Repayment
- Approx. Total Income:
- 114,000.00
- Air Conditioning, Cable, Power, See Remarks
- 4 Fridges, 4 Stoves, 2 Dishwashers, 2 Washers, 2 Dryers
- Park, Playground, Public Transit, Recreation Center, School Bus Service, Shopping
- Stove, Dishwasher, Dryer, Washer, Refrigerator
- None
- Deck, Patio, Shed
- No
- Zoning:
- R3
- Possession Info:
- Negotiable
- Elementary School:
- Wolfville School
- High School:
- Horton High School
- Middle School:
- Wolfville School
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Exterior
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1ST Floor Unit
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1st Floor going to 2nd floor
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1ST Floor Unit
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1ST Floor Unit
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1ST Floor Unit
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1ST Floor Unit
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Carriage House
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Carriage House
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Carriage House
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Carriage House
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Carriage House
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Carriage House
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Carriage House
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Carriage House
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Map
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Photo 28 of 28
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Listed by Exit Realty Town & Country
Data was last updated May 9, 2025 at 11:20 AM (UTC)
Area Statistics
- Listings on market:
- 22
- Avg list price:
- $429,000
- Min list price:
- $260,000
- Max list price:
- $5,525,000
- Avg days on market:
- 23
- Min days on market:
- 1
- Max days on market:
- 441
These statistics are generated based on the current listing's property type
and located in
Kings County. Average values are
derived using median calculations.
- ZACH FRAIL
- EXIT REALTY TOWN & COUNTRY
- 1 (902) 300-6606
- zach@zachfrail.com