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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$384,500
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 your charming duplex offering a fantastic opportunity for homeownership or investment. This property boasts two units, each featuring 2 bedrooms and 1 bath, providing comfortable living spaces for tenants or owners alike. One of the units is currently vacant and awaits your personal touch, offering an excellent opportunity for customization or immediate availability. Additionally, a detached double garage stands ready to accommodate your parking needs, conveniently situated for easy access. Enjoy the benefits of a prime location, with nearby amenities and services. A hot water on-demand system installed in 2023 ensures convenience and cost-effectiveness for all occupants. Don't miss out on this rare find! Whether you're seeking a lucrative investment or a place to call home, this duplex promises comfort, convenience, and potential. Schedule your viewing today. (id:39198)
Location
Province
Ontario
City
Smiths Falls
Address
62 William Street W
Postal Code
K7A1N3
Location Highlights
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Listed by
ROYAL LEPAGE ADVANTAGE REAL ESTATE LTD Ontario 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
$384,500
Asking Price
$384,500
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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