Rotate your device back to portrait Mode!
Rotate your device back to portrait Mode!
BROKERS Register for FREE
BrokerStudio
Suite of tools & services
Benefits
Asking Price
$649,900
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.
N/A
Lot Size
N/A
Building Size
N/A
Premise Summary
Attention Investors or Home Owners looking for extra income! Do not miss this amazing opportunity. Recently built duplex, walking distance to Tecumseh park, Chatham Cultural Centre, places of worship, shopping, restaurants, Medical and more in this family neighbourhood. Unit 1 offers 4 Bedrooms w/walkout to fenced yard, 2 baths, kitchen w/butcher block counter tops and stainless appliances, eating area, two family rooms, laundry & tons of storage. Unit 2 has 2 bedrooms w/walkout to deck, kitchen w/ butcher block countertops, stainless steel appliances, eating area, family rm & washer and dryer. All appliances included including on demand HWT systems are owned. Each unit has front & street parking. Tenant in main unit - LTA applies. Upper unit is currently operating as ABNB. This beautiful property is a must see with nothing to do but move in. (id:39198)
Location
Province
Ontario
City
Chatham
Address
30 Adelaide Street Unit# 1 & 2
Postal Code
N7M4K3
Location Highlights
N/A
Listed by
RE/MAX CAPITAL DIAMOND REALTY - 821 Ontario listing
Category
Property Information
Premise Status
N/A
With Accommodation
N/A
Tenancy
N/A
Lot Size
N/A
Available Space
N/A
Building Size
0
Year Built
N/A
Years Remaining in Current Lease Term
N/A
Renewal Options
N/A
Operational Information
Number of Working Owners
N/A
Current Owner - years
N/A
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
N/A
Financial Information
Yearly Rate
$649,900
Asking Price
$649,900
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.
N/A
NOI
Net Operating Income equals all revenue from the property, minus all reasonably necessary operating expenses.
N/A
Gross Revenue- annual
N/A
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)
N/A
EBITDA
Earnings Before Interest, Taxes, Depreciation, Amortization.
N/A
Premises Size (square feet)
0
Other Information
Owner willing to Finance
N/A
Absentee Owner
N/A
Support and Training
Not Included
Growth and Expansion
N/A
Market Competition
N/A
Save this Listing
Why this Marketplace was Created
Frustrated by the timely process of searching for businesses and commercial properties on the market, the founders at Businesses 4 Sale created a platform to transform the business/commercial property buying and selling experience. The database compiles the most relevant information from multiple industry sources, making it easy for future business/commercial property owners and sellers to find exactly what they are looking for.
