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
$499,900
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
This downtown up and down duplex is ideally suited for those wishing to live, work, play or study in Kingston. The property offers easy access to downtown, shopping, restaurants, entertainment, professional services and transit, and is walking distance to Queen’s University and the hospitals. The main floor apartment has two bedrooms and one full bathroom. The kitchen has been updated and includes a fridge, stove, dishwasher and washer/dryer. The flooring has been updated to a durable vinyl laminate. Heating is by way of a natural gas furnace which has been well maintained and recently refurbished. The upstairs apartment is a bright two bedroom, one full bathroom unit. The parquet floors have been refinished, the kitchen updated, and includes a fridge, stove and washer/dryer. Electric baseboards heat this unit. This property is currently fully rented and offers a unique opportunity to invest in a rental property and/or live on site. Also for sale is the other side of this semi-detached property, 443 Bagot, a nicely maintained single family home with much of the original charm when this building was constructed in 1890. This is a rare opportunity to own both sides of a semi to add to your investment portfolio...live in one unit, rent out the others! (id:39198)
Location
Province
Ontario
City
Kingston
Address
441 Bagot Street
Postal Code
K7K3C2
Location Highlights
N/A
Listed by
RE/MAX Finest Realty Inc., Brokerage 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
1,277
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
$499,900
Asking Price
$499,900
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)
1,277
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.
