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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$699,990
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
This downtown Halifax property features a duplex with a two-bedroom unit upstairs and a one-bedroom unit downstairs. The standout feature is its deep oversized lot, offering ample outdoor space for gatherings and gardening. Whether you choose to live in the duplex or explore redevelopment opportunities with support from the Rapid House Initiative, this property promises versatility and potential. Whether you're dreaming of building, renting out, or simply enjoying the duplex life with a sprawling backyard, this property offers endless possibilities right in the heart of it all! Property and contents are in 'As Is' condition. (id:39198)
Location
Province
Nova Scotia
City
Halifax
Address
2407 Creighton Street
Postal Code
B3K3S2
Location Highlights
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Listed by
Red Door Realty 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
$699,990
Asking Price
$699,990
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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