Price Reduction
Address
31 Jones Lane Welland, ON
Price
$ 950,000
Property Attributes
  • MLS#40163026
  • TypeMulti-Family
  • CityWelland
  • AreaWelland
  • Neighbourhood770 - Lincoln - Crowland
  • Postal CodeL3B 3M5
  • StyleRooming House
  • Year Built2016
  • Taxes$ 2720
  • Price$ 950,000
  • Bedrooms10
  • Full Bathrooms10
  • Half Bathrooms0
  • Sqr Footage1750
  • Lot Size0.57 Acres
Listing Provided Courtesy Of:
RE/MAX NIAGARA REALTY LTD.BROKERAGE
Data Source:
Canada - Ontario Regional (ITSO) - 430 - CAN
Property Description

This building is a money maker! Five year old, well built 2 storey building with a full finished basement on a dead end street, one street over from the scenic Welland Canal! Price includes 10 bachelor, short-term rental units fully furnished, 2 with kitchenettes, 3 full baths-one on each level, common kitchen with ample cupboards and refrigerators for each unit.Sound proof doors, hard wood and granite floors, main floor laundry and Super on site who may be willing to stay. Two, private single concrete driveways and concrete rear, partially fenced, yard provide plenty of lounging space with no maintenance. YTD income 2021 $32,572.00. Seller offered reduced rates due to COVID. No income in 2020 due to COVID. Call for further details!

Elementary School High School
St. Mary's/Plymouth Elementary School Notre Dame/East Dale High School
Price History
9/10/2021 Listed $995,000
11/2/2021 5% - $950,000

Interior Features

Basement Y/N Yes

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No Strata 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 $950K
$950K
Visits
AVG 23
56
Year Built
AVG 2016
2016