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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$1,480,000
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
Welcome to this fabulous triplex in the heart of Deep Southend Halifax peninsula! Ideally located minutes from Point Pleasant Park (18 hectares of Halifax Harbour), Saint Mary's University, The Sacred Heart, HGS.. Easy walking distance to CBD, Dalhousie, NSCAD and hospitals. The main floor is a gracious Edwardian two-bedroom unit consisting of spacious living room with sliding wooden doors opening to a separate dining room with gas fireplace. Lovely hardwood floors, cove moldings, beautiful natural light throughout. spacious eat-in kitchen opening to private deck with access to parking area. Smart updated efficient 3-piece bath with new window, access to lower-level laundry for this unit only, hot water furnace 2012 and inside oil tank 2016 for main unit. The space could easily be developed for greater space for main unit or possible 4th unit with exterior access from the present back window area. There is a lovely interior hardwood staircase to the upper two apartments. Welcome to the upper missile unit, a spacious unit with a sunny living room and cove mouldings! This unit is carpeted with lovely tile in the kitchen. There is a large bedroom and a smaller one or home office. This unit's bath (3 pc + water closet) facilities have been professionally renovated with new window. There is a smaller eat-in kitchen, bright & sunny for that morning tea. opening to the most wonderful large, private second floor deck set amongst the mature trees! Ideal place to escape from the world. There is exterior access from this upper unit and to tenant parking at the back. To top it off... welcome to The Treehouse! A spacious funky bedsitting room set amongst the treetops, with raised sleeping area and loads of storage underneath. Well designed with open kitchen area, carpeted throughout with cathedral ceiling and ceiling fan. The efficient kitchen area opens to exterior backstairs and small sitting area, great for that morning tea. Parking area at thew back is off MacLean Street. (id:39198)
Location
Province
Nova Scotia
City
Halifax
Address
Atlantic
Postal Code
B3H1G4
Location Highlights
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Listed by
Keller Williams Select Realty 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
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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
$1,480,000
Asking Price
$1,480,000
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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