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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$689,900
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.
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Lot Size
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Building Size
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Premise Summary
This duplex in Dieppe sounds like a fantastic investment opportunity! With both a double attached and a double detached garage, it offers plenty of parking space, which can be a significant advantage for potential tenants or buyers. The description highlights the features of both units, showcasing their individual layouts and amenities. The first unit facing Eunice Street seems ideal for a family, with three bedrooms on the same level and a fully finished basement offering additional living space. The second unit facing Bourque Road could appeal to an older couple or serve as an Airbnb rental, with its open concept layout and potential for conversion of the laundry room into a second bathroom. The presence of a deck and a spacious yard adds to the appeal, providing outdoor space for relaxation and recreation. Overall, this property seems to offer a combination of comfort, convenience, and potential for rental income. The requirement of a 24-hour notice for showings indicates that it's in high demand, which could be a positive sign for potential investors. (id:39198)
Location
Province
New Brunswick
City
Dieppe
Address
464-462 Eunice Ave
Postal Code
E1A5V7
Location Highlights
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Listed by
Royal LePage Atlantic New Brunswick 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
1,250
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
$689,900
Asking Price
$689,900
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.
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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)
1,250
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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