Welcome to 606 Main Street, where location meets impressive cash flow. This exceptional income property is bringing in close to $130,000 annually, a rare find in one of Nova Scotia’s most sought-after rental markets. Located just steps from Acadia University and downtown Wolfville, the property features a beautifully maintained century home and a fully detached, newly renovated carriage house. The carriage house includes two self-contained 2-bedroom units, with the lower level completed in 2025 and featuring brand new finishes and a privacy fence. Inside the main home, you’ll find two spacious 4-bedroom units across two finished floors. Significant upgrades completed in 2020 include a new sewer lateral, added bathrooms, laundry, and full kitchens, maximizing rental appeal and long-term value. With now three separate power meters, fixed-term leases in place until May 1, and some utilities now covered by tenants. this property offers a high-return opportunity. There’s even potential to finish the attic for added revenue. Turn-key, income-producing, and ideally located — this is Wolfville investment real estate at its best.
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Listing Sub-Area:
Kings County
Property Type:
Multi-Family
Multi-Family Type:
Fourplex
Title To Land:
Freehold
Building Dimenions:
Irregular
Lot Size:
0.69 acre(s)0.28 hectare(s)
Prop Size:
Under 0.5 Acres
Commercial / Retail Space:
No
# of Rental Units / Occupied:
4
Year built:
1921
(Age: 104)
Age:
104
Exterior Finish:
Vinyl
Foundation:
Concrete, Stone, Other
Basement:
Full, Undeveloped
Floor Finish:
Carpet, Ceramic, Hardwood, Linoleum, Vinyl
Roof:
Asphalt Shingle
Heating:
Hot Water, In Floor, Radiant, Radiator
Fuel:
Electric, Oil
Garage Description:
Single Car Garage in Carriage House
Driveway:
Circular, Parking Spaces(s), Paved, Shared
Water Supply:
Municipal
Water And Sewage:
$120
Sewer:
Municipal
Num Units:
4
Num 2 Bed Units:
2
Num 4 Bed Units:
2
# Of Dishwashers:
1
# Of Dryers:
4
# Of Fridges:
4
# Of Stoves:
4
# Of Washers:
4
Rental Income:
Yes, $10,550/month
Approx. Net Income:
$87,600
Insurance Expense:
$600
Taxes Costs:
$800
Heating Bill:
$1230
Electricity Bill:
$500
Approx. Total Expense:
$39,000
Approx. Total Income:
$126,600
Ensuite Bath, Laundry, Secondary Suite
F,S,W,D x4
Park, Playground, Public Transit, Recreation Center, Shopping
Data was last updated July 18, 2025 at 06:30 AM (UTC)
Area Statistics
Listings on market:
20
Avg list price:
$573,750
Min list price:
$279,000
Max list price:
$2,500,000
Avg days on market:
68
Min days on market:
10
Max days on market:
511
These statistics are generated based on the current listing's property type
and located in
Kings County. Average values are
derived using median calculations. This data is not produced by the MLS® system.