Our Office Listings

23 Gaspereau Avenue
Kings County Wolfville B4P 2C4

$699,900
Multi-Family built: 1936

Main Photo: 23 Gaspereau Avenue in Wolfville: Kings County Multi-Family for sale (Annapolis Valley)  : MLS®# 202223027
Photo 1: 23 Gaspereau Avenue in Wolfville: Kings County Multi-Family for sale (Annapolis Valley)  : MLS®# 202223027
Photo 2: 23 Gaspereau Avenue in Wolfville: Kings County Multi-Family for sale (Annapolis Valley)  : MLS®# 202223027
Photo 3: 23 Gaspereau Avenue in Wolfville: Kings County Multi-Family for sale (Annapolis Valley)  : MLS®# 202223027
Photo 4: 23 Gaspereau Avenue in Wolfville: Kings County Multi-Family for sale (Annapolis Valley)  : MLS®# 202223027
Photo 5: 23 Gaspereau Avenue in Wolfville: Kings County Multi-Family for sale (Annapolis Valley)  : MLS®# 202223027
Photo 6: 23 Gaspereau Avenue in Wolfville: Kings County Multi-Family for sale (Annapolis Valley)  : MLS®# 202223027
Photo 7: 23 Gaspereau Avenue in Wolfville: Kings County Multi-Family for sale (Annapolis Valley)  : MLS®# 202223027
Photo 8: 23 Gaspereau Avenue in Wolfville: Kings County Multi-Family for sale (Annapolis Valley)  : MLS®# 202223027
Photo 9: 23 Gaspereau Avenue in Wolfville: Kings County Multi-Family for sale (Annapolis Valley)  : MLS®# 202223027
Photo 10: 23 Gaspereau Avenue in Wolfville: Kings County Multi-Family for sale (Annapolis Valley)  : MLS®# 202223027
Photo 11: 23 Gaspereau Avenue in Wolfville: Kings County Multi-Family for sale (Annapolis Valley)  : MLS®# 202223027
Photo 12: 23 Gaspereau Avenue in Wolfville: Kings County Multi-Family for sale (Annapolis Valley)  : MLS®# 202223027
Photo 13: 23 Gaspereau Avenue in Wolfville: Kings County Multi-Family for sale (Annapolis Valley)  : MLS®# 202223027
Photo 14: 23 Gaspereau Avenue in Wolfville: Kings County Multi-Family for sale (Annapolis Valley)  : MLS®# 202223027
Photo 15: 23 Gaspereau Avenue in Wolfville: Kings County Multi-Family for sale (Annapolis Valley)  : MLS®# 202223027
Photo 16: 23 Gaspereau Avenue in Wolfville: Kings County Multi-Family for sale (Annapolis Valley)  : MLS®# 202223027
Photo 17: 23 Gaspereau Avenue in Wolfville: Kings County Multi-Family for sale (Annapolis Valley)  : MLS®# 202223027
Photo 18: 23 Gaspereau Avenue in Wolfville: Kings County Multi-Family for sale (Annapolis Valley)  : MLS®# 202223027
Photo 19: 23 Gaspereau Avenue in Wolfville: Kings County Multi-Family for sale (Annapolis Valley)  : MLS®# 202223027
Photo 20: 23 Gaspereau Avenue in Wolfville: Kings County Multi-Family for sale (Annapolis Valley)  : MLS®# 202223027
Photo 21: 23 Gaspereau Avenue in Wolfville: Kings County Multi-Family for sale (Annapolis Valley)  : MLS®# 202223027
Photo 22: 23 Gaspereau Avenue in Wolfville: Kings County Multi-Family for sale (Annapolis Valley)  : MLS®# 202223027
Photo 23: 23 Gaspereau Avenue in Wolfville: Kings County Multi-Family for sale (Annapolis Valley)  : MLS®# 202223027
Photo 24: 23 Gaspereau Avenue in Wolfville: Kings County Multi-Family for sale (Annapolis Valley)  : MLS®# 202223027
Photo 25: 23 Gaspereau Avenue in Wolfville: Kings County Multi-Family for sale (Annapolis Valley)  : MLS®# 202223027
Photo 26: 23 Gaspereau Avenue in Wolfville: Kings County Multi-Family for sale (Annapolis Valley)  : MLS®# 202223027
Photo 27: 23 Gaspereau Avenue in Wolfville: Kings County Multi-Family for sale (Annapolis Valley)  : MLS®# 202223027
Photo 28: 23 Gaspereau Avenue in Wolfville: Kings County Multi-Family for sale (Annapolis Valley)  : MLS®# 202223027
Status:
Active
Prop. Type:
Multi-Family
MLS® Num:
202223027
Year Built:
1936
9 Bedrooms. 3,000+ ft2 of living space. Walking distance to downtown and Acadia University. Apt # 1 - 4 bdrms, 1 1/2 baths & laundry. Apt # 2 - 3 bdrms, 1 bath & laundry. Apt # 3 - 2 bdrms, 1 bath and laundry. Plenty of parking. Electric Heat - Baseboard/Heat Pumps. Exterior repainted, roof re-shingled in 2019, Apt # 1 repainted in 2022, back deck and front steps have been repaired or replaced in 2021, new gravel added to driveway. Apt # 1 - $650 x 4 x 12 = $31,200 (heat/lights included). Apt # 2 - $510 x 3 x 12 = $18,360 (tenants pay heat/lights). Apt # 3 - currently vacant, but added to income at market rate of $550 x 2 x 12 = $13,200 with tenants paying their own electricity/heat. PLEASE NOTE: Apt # 2 - NEW LEASE for period May 1.23 to April 30.24 - $725 x 3 x 12 = $ 26,100 (tenants pay heat/lights). Increase of $7,740 to NET Income for 12 months starting May 1.23.
Listing Sub-Area:
Kings County
Property Type:
Multi-Family
Multi-Family Type:
Triplex
Title To Land:
Freehold
Building Dimenions:
Irregular
Prop Size:
Under 0.5 Acres
Commercial / Retail Space:
No
# of Rental Units / Occupied:
2
Year built:
1936 (Age: 87)
Age:
86
# Floors:
3
Exterior Finish:
Wood Siding
Foundation:
Block, Concrete, Stone
Basement:
Full, Partially Developed
Floor Finish:
Hardwood, Laminate
Roof:
Asphalt Shingle
Heating:
Baseboard, Heat Pump -Ductless
Fuel:
Electric
Driveway:
Gravel
Water Supply:
Municipal
Water And Sewage:
$ 1,145.78
Sewer:
Municipal
Num Units:
3
Num 2 Bed Units:
1
Num 3 Bed Units:
1
Num 4 Bed Units:
1
# Of Dryers:
3
# Of Fridges:
3
# Of Stoves:
3
# Of Washers:
3
Rental Income:
Yes, $62,760
Approx. Net Income:
$ 45,798.55
Insurance Expense:
$ 3,830
Taxes Costs:
$ 5,829.67
Snow / Garbage Collection:
$ 1656
Heating Bill:
Tenants
Electricity Bill:
$ 4,500 (Estimate)
Approx. Total Expense:
$ 16,691.45
Approx. Total Income:
$62,760
Air Conditioning, Laundry
3 Fridges, 3 Stoves, 3 Dryers, 3 Washers
Park, Playground, Public Transit, Recreation Center, School Bus Service, Shopping, Place of Worship
Stove, Dryer, Washer, Refrigerator
None
Deck, None
No
Assessment:
407400.0
Assessment Year:
2022
Zoning:
R-2
Possession Info:
Negotiable
Listed Date:
Sep 23, 2022
Days on Mkt:
129
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Data was last updated January 30, 2023 at 09:20 PM (UTC)
Area Statistics
Listings on market:
26
Avg list price:
$422,450
Min list price:
$80,000
Max list price:
$3,250,000
Avg days on market:
146
Min days on market:
5
Max days on market:
717
These statistics are generated based on the current listing's property type and located in Annapolis Valley. Average values are derived using median calculations.
Kevin Stacey, REALTOR®