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Suite of tools & services
Benefits
Asking Price
$1,100,000
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
Located on a quiet residential street within the heart of the Halifax peninsula. This 2004 custom-built 6-bedroom, 3 full bath detached home is a rare opportunity for its central location. Meticulously maintained and energy-efficient (R-2000). Including a self-contained 3-bedroom legal suite with separate walk out. There is parking in the front and back of the property, as well as a pleasantly landscaped fenced in backyard. Allowing for seamless rentability in the downstairs unit or (uncommon) convenience for a large family for the location. The main level with hardwood floors is stunning upon entry, featuring 18? ceilings in the front living space, which showcases the open staircase and double-sided propane fireplace. Additional front windows create a bright main living room which flows to the open kitchen with patio doors to the back deck. Located off of the kitchen is a private dining room with bay window seating and storage closet. The 4-piece bathroom with laundry completes the main living area. Ascending upstairs you will find three bedrooms, a full bath with Jacuzzi tub. A private balcony is located off the primary bedroom, another unique feature of this lovely home. The comfortable basement apartment features high-ceilings, 3 bedrooms, living room with propane fireplace, in-suite laundry, full bath and functional kitchen. With its own walk-out entrance it offers versatility for family living, Airbnb hosting, or long-term rental income. With its prime location and flexible layout, this move-in ready property presents endless opportunities for both comfortable living and investment potential. A 20-year-old home within walking distance to peninsula Halifax's amenities is quite unique for the central location. (id:39198)
Location
Province
Nova Scotia
City
Halifax
Address
6037 Charles Street
Postal Code
B3K1K9
Location Highlights
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Listed by
Domus Realty Limited 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
$1,100,000
Asking Price
$1,100,000
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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