Niagara Falls, Cherrywood, L2E 1K2
$699,900
Listed by ROYAL LEPAGE NRC REALTY.
Welcome to 5002 Jepson! Fall in love with this 6 bedroom, 3 bath century old home and its endless potential, located within walking distance to Niagara Falls. Offering over 2300sqft of above ground living space and over 3800sqft in total, with 3 separate entrances and ample space for 3 units, this home is ideal for anyone looking to generate additional rental income. Also perfect for a growing family, generational living or an investment opportunity. Aside from the lovely sunroom, cozy living room with fireplace, den, formal dining area, and updated kitchen on the main floor, this home also offers a large 660sqft main floor addition featuring a self-contained unit at the rear. Complete with a bedroom, living room, kitchenette, 4-pc bath and separate entrance to a covered porch, this is an ideal space for income potential, or an owner occupied bnb. A great opportunity to have some of your mortgage paid while still utilizing the entire original home! Tremendous opportunity lies in this versatile home, easily used as a duplex or triplex. On the second storey of the home are 4 generously sized bedrooms, a 4-pc bath and 2 linen closets. Don't miss the door that leads up to the 2nd half storey! This area could be used as a great kids room, flex space, office or storage. The basement has its own separate entrance and large hallway/mudroom along with a workshop, laundry and utility room with kitchenette, 3-pc bath, and bedroom. An additional storage room and extremely large unfinished basement complete this level. With its close proximity to Niagara Falls, Clifton Hill, Casinos, Golf Courses, and The Niagara Wine Country, this home holds tremendous value for income potential given all the tourism close by. The possibilities are endless. Beautifully maintained wood trim, original built-ins, hardwood floors, crown moulding, a new gas insert fireplace along with loads of natural light add to this homes charm. A must see home to appreciate all of its character and opportunity.
Built-in Microwave,Dishwasher,Dryer,Refrigerator,Stove,Washer,Pantry, Large Work Counter In Unfinished Basement Section, Workshop Bench, Shed X2.
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Living Room
Foyer
Sunroom
Foyer
Kitchen
Dining Room
Den
Living Room/Dining Room
Bathroom
Bedroom
Bedroom
Other
Bedroom Primary
Bedroom
Other
Bedroom
Attic
Bathroom
Bathroom
Laundry
Workshop
Storage
Bedroom
Basement
The graph below compares the average list price and average sale price of homes in this neighborhood by month for the last 24 months. When average sale price is greater than average list price, this may suggest a buyer's market. When average sale price is lower than the average list price this may suggest a seller's market.
The graph below illustrates the average days on market for homes in this neighborhood. The yellow area may indicate a buyer's market, the green area may indicate a balanced market and the red area may indicate a seller's market.
Thorold, Thorold Downtown, L2V 0A6
