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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$1,199,000
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 3619 Acadia St, a renovated triplex conveniently located on a quiet street in highly sought after North End Halifax. This thoughtfully updated property features three separate units, including two spacious two-bedroom units and one three bedroom unit, all designed for comfort and functionality ensuring a move-in-ready experience for tenants and homeowners alike. The ER-3 zoning offers excellent flexibility, making it ideal for investors or those seeking a multi-family living arrangement. Perfectly situated near schools, parks, trendy dining options and local amenities, with convenient access to public transit and major bus routes. Whether you?re looking for a profitable rental property or a home to share with extended family, 3619 Acadia St is a rare find in a thriving community. (id:39198)
Location
Province
Nova Scotia
City
Halifax
Address
3619 Acadia Street
Postal Code
B3K3P7
Location Highlights
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Listed by
Press Realty Inc. 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
$1,199,000
Asking Price
$1,199,000
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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