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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$799,000
Cap Rate
The capitalization rate is the rate of return on a real estate investment property based on the income that the property is expected to generate.
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Lot Size
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Building Size
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Premise Summary
Welcome to 2045 North Park Street in beautiful Halifax. This delightful semi detached over-under duplex, featuring two bedrooms per unit, makes for an ideal investment opportunity or perfect home for those seeking a multifamily living arrangement. Nestled in a prime area, this property boasts convenience of location overlooking the Halifax Commons, Emera Oval and new Aquatics Facility, offering an exciting and flourishing neighborhood to enjoy! The spacious living areas provide a perfect blend of modern convenience and classic appeal bringing an excellent canvas for personalization. Large windows flood the rooms with natural light, creating a bright and cheerful ambiance throughout. The bedrooms are well-appointed, offering a peaceful retreat for relaxation. Centrally situated to provide easy access to all essential amenities, whether it's shopping, dining, entertainment, or recreational activities, residents will find themselves just moments away from everything they need. Boasting loads of updates including an updated kitchen, flooring & fixtures in the lower unit ($2400/month when rented), roof redone in 2021, front fascia board replaced, updated front stairs, updated front exterior door and more! With the upper unit bringing $1200/m, this is not just a property; it's a home filled with character, warmth, and the opportunity of convenience. Don't miss the chance to own this unique gem only a 10 minute walk from Downtown Halifax where the possibilities are endless. Call your REALTOR® and book your viewing today? you deserve it. (id:39198)
Location
Province
Nova Scotia
City
Halifax
Address
2045 North Park Street
Postal Code
B3K4B2
Location Highlights
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Listed by
Exit Realty Metro Nova Scotia listing
Category
Property Information
Premise Status
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With Accommodation
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Tenancy
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Lot Size
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Available Space
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Building Size
0
Year Built
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Years Remaining in Current Lease Term
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Renewal Options
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Operational Information
Number of Working Owners
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Current Owner - years
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FF & E
Furniture, Fixtures & Equipment that remain with the business.
Not Included
Inventory Value - approximate
Consumable items the restaurant sells or uses such as food, beverages, cleaning supplies, etc.
Not Included
Franchise
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Financial Information
Yearly Rate
$799,000
Asking Price
$799,000
Cap Rate
The capitalization rate is the rate of return on a real estate investment property based on the income that the property is expected to generate.
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NOI
Net Operating Income equals all revenue from the property, minus all reasonably necessary operating expenses.
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Gross Revenue- annual
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Cash Flow - annual
1 Take your “Net Income before Taxes”, then,
2 Add up all payments to: owners + interest + allowances for asset depreciation.
3 ADD together 1 + 2 = CASH FLOW (aka Seller’s Discretionary Earnings)
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EBITDA
Earnings Before Interest, Taxes, Depreciation, Amortization.
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Premises Size (square feet)
0
Other Information
Owner willing to Finance
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Absentee Owner
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Support and Training
Not Included
Growth and Expansion
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Market Competition
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