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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$229,000
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
Are you looking for an investment opportunity that is turnkey? Or a home where your tenant pays your mortgage and then some? If so than this is the place for you! Lots of renos have been done in this duplex that is ideally located near the heart of Petit Rocher. This up and down duplex features one large bedroom upstairs and 2 bedrooms in the lower, 2 kitchens, 2 washers and dryers, plus 2 sets of kitchen appliances! The lower level is bright as the windows are large and only 4 ft below ground. The upstairs has a backyard deck that gives you a view of the bay! It also has plenty of parking and a large storage shed. The exterior features conexal siding and all PVC windows and a large and bright front entrance. Inside, the upper level has been updated from a small 2 bed apartment to a large one bedroom with an open concept kitchen and living area. Lots of options here. Rent for income or live on one level and have your tenant pay part of the mortgage. It would also be ideal for 2 generations of family members. Call today for a showing! (id:39198)
Location
Province
New Brunswick
City
Petit rocher
Address
647 Principale
Postal Code
E8J1G7
Location Highlights
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Listed by
Royal LePage Parkwood Realty 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
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
$229,000
Asking Price
$229,000
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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