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5002 Jepson Street Niagara Falls, ON L2E 1K2
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Key Details
Sold Price $690,000
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Sold
Purchase Type For Sale
Square Footage 2,332 sqft
Price per Sqft $295
MLS Listing ID 40601023
Sold Date 07/06/24
Style 2.5 Storey
Bedrooms 6
Full Baths 3
Abv Grd Liv Area 3,168
Originating Board Niagara
Year Built 1923
Annual Tax Amount $3,476
Property Description
Welcome to 5002 Jepson! Fall in love with this 6 bedroom, 3 bathhome 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.
Location
Province ON
County Niagara
Area Niagara Falls
Zoning R2
Direction Stanley Avenue to Valley Way to Jepson Street
Rooms
Other Rooms Shed(s)
Basement Separate Entrance, Full, Finished, Sump Pump
Kitchen 1
Interior
Interior Features Accessory Apartment, In-Law Floorplan
Heating Fireplace-Gas, Forced Air, Natural Gas
Cooling None
Fireplaces Number 1
Fireplaces Type Gas
Fireplace Yes
Appliance Built-in Microwave, Dishwasher, Dryer, Refrigerator, Stove, Washer
Laundry In Basement
Exterior
Waterfront No
Roof Type Asphalt Shing,Flat
Lot Frontage 42.0
Lot Depth 115.0
Garage No
Building
Lot Description Urban, City Lot, Highway Access, Park, Playground Nearby, Public Transit, Schools, Shopping Nearby
Faces Stanley Avenue to Valley Way to Jepson Street
Foundation Concrete Block
Sewer Sewer (Municipal)
Water Municipal
Architectural Style 2.5 Storey
Structure Type Vinyl Siding
New Construction No
Others
Senior Community false
Tax ID 643380128
Ownership Freehold/None
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