Address
31 JONES Lane Welland, ON
Price
$ 899,900
Property Attributes
  • ID#40194146
  • TypeMulti-Family
  • CountyNIAGARA ASSOCIATION OF REALTORS
  • CityWelland
  • Neighborhood770 - Lincoln - Crowland
  • ZipL3B 3M5
  • Style
  • Price$ 899,900
  • Bedrooms10
  • Bathrooms0
  • Half Bathrooms0
  • Sqr Footage1750
  • Lot Size0.57 Acres
Listing Provided Courtesy Of:
RE/MAX NIAGARA REALTY LTD.BROKERAGE
Data Source:
Canadian Real Estate Association
Property Description

This building is a turn key money maker! Currently rented on the AirBnB Platform with direct deposit to your bank account. Pre-screened occupancy, no rent collection, no problem evictions, no rent controls; free to adjust your income according to market dynamics. Five year old, well built 2 storey building with a full finished basement on a quiet dead end street, a short stroll to the Welland International Flatwater Centre Area! Price includes 10 fully furnished, short-term rental units. Be well positioned with the fastest growing segment of the rental market. Two units include in-suite kitchenettes, 3 full bathrooms-one on each level, 2 kitchens with ample cupboards and private refrigerators for each unit. Sound proof doors, hypoallergenic easy care hard wood and granite floors. Main floor laundry. Worry free management with Super on site who is willing to stay. Two private driveways and maintenance free backyard with BBQ, partially fenced yard provide plenty of lounging space. Current monthly booked earnings is $5,000+ with no increase restrictions. Call for further details! (id:7434)

General Features

Ammenities Hospital, Place of Worship, Playground, Public Transit, Schools, Shopping
Building Appliances Microwave, Water meter, Window Coverings
Building Cooling Type Central air conditioning
Community Features Quiet Area, Community Centre
Features Cul-de-sac
Foundation Type Poured Concrete
Location Description LEFT ON CANAL BANK ROAD FROM ONTARIO ROAD, RIGHT ON SEVENTH STREET, RIGHT ON JONES LANE
More Information Link https://www.realtor.ca/real-estate/23889056/31-jones-lane-welland
Ownership Type Freehold
Property Type Multi-family
Zoning Description INSH

Interior Features

Basement Development Finished
Basement Type Full (Finished)
Building Fireplace Present False
Building Heating Fuel Natural gas
Building Heating Type Forced air
Construction Style Attachment Detached

Exterior Features

Exterior Finish Vinyl siding
Land Amenities Hospital, Place of Worship, Playground, Public Transit, Schools, Shopping
Parking Space Total 4
Sewer Municipal sewage system

Amenities

  • Views
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Multi-Family Average in L3B 3M5

Price
AVG $900K
$900K
Visits
AVG 41
9
Year Built
AVG 2016
2016
Walkscore
AVG 23
23
Data Provided by Walkscore ® not using MLS data