Hot Listing

Highly Profitable Turn Key Short Term Rental property "Best Location"

Asking Price$625,000

Cash Flow
Not Disclosed

EBITDANot Disclosed

Gross Revenue

InventoryNot Disclosed

FF&ENot Disclosed

Real Estate$600,000
Included in asking price
641 Inside pics 2
655 Chilton Ave
655 Inside pics 1
655 Inside pics 2
641 Orchard PKWY
641 Inside pics 1
641 Inside pics 2
655 Chilton Ave
Save1/6
Hot Listing

Highly Profitable Turn Key Short Term Rental property "Best Location"


Asking Price$625,000

Cash Flow
Not Disclosed

EBITDANot Disclosed

Gross Revenue

InventoryNot Disclosed

FF&ENot Disclosed

Real Estate$600,000
Included in asking price

Seller Financing Available
Business Description
((I will also entertain the sale of these properties individually, please call me to discuss details.))

These are amazing, turnkey, Short-Term Rental/Airbnb/VRBO opportunities, within walking distance to Niagara Falls. (IN THE ZONE)

Please find below, the links to VRBO for these two active short term rental properties
641 Orchard Parkway ( https://t.vrbo.io/poEyQdBGrZb )
655 Chilton Ave. ( https://t.vrbo.io/HAaPRv7zrZb )

If you are an investor, looking to either enter the lucrative market of short-term, rental properties in the center of a great tourist location or if you already own an STR in Niagara Falls, don't look any further than this deal.

The full expenses from both of these properties last year's operations were under $10,000. I already have bookings and I am receiving inquiries for next season. These will be transferred to the new owner, guaranteeing positive cash flow for the up-and-coming tourist season. Please call or email for a full breakdown of all the actual numbers on this property.

Below is a partial brief description as listed on Airbnb/VRBO.

641 Orchard Parkway:
Purchase and remodeled in 2018, run as a Short-Term Rental/Airbnb/VRBO.
Welcome to our beautifully restored and spacious 3 Bedroom Home. It is in a wonderful neighborhood minutes from the Falls, Aquarium, Maid of the Mist, Cave of the Winds, delicious local cuisine, fantastic shopping and many family-friendly activities. The home has 5 Beds and sleeps 7, has a full Kitchen, formal Dining room, a spacious very comfortable Living room, a beautiful sun room, laundry services and a relaxing backyard with plenty of seating and an outdoor eating area under a shaded Pergola. This 1600 square-foot single-family home was built in 1922 and is in the nicest neighborhood in Niagara Falls. Some of the other amenities are: Free Wi-Fi, Large flat screen SmartTV, USB charger ports on the lamps,
Ceiling fans, Central Heating and AC, washer, dryer, Ironing board w/ iron, Fully appointed kitchen, brand-new Ceramic pots and pans, filter water. Free Driveway parking. and a garden view backyard.
Our home is in one of the Best locations in Niagara Falls. Just walk to the corner of Orchard Parkway and Whirlpool Street and pick up the Niagara scenic trolley,… This trolley will take you to all of the attractions.

655 Chilton Ave:
We remodeled this home in 2023, we added a state of the art for bathroom downstairs, central air conditioning, all new floors, and fresh paint.
Welcome to our beautiful 2000 sq ft. Home. It is in a wonderful neighborhood minutes from the Falls, Aquarium, Maid of the Mist, Cave of the Winds, delicious local cuisine, fantastic shopping and many family-friendly activities.
The home has 5 Bedrooms w/ generous closet/ Storage space., a fully appointed Kitchen, formal Dining room, a spacious very comfortable Living room, a Full bathroom upstairs, a full bath and a halfbath down stairs, Central air conditioning, and laundry services.
This house was built in 1920 and is in one of the nicest neighborhoods in Niagara Falls.
If you look through our pictures, the first thing you will notice is how Large the home is, very warm and inviting. Just walk to the corner of Orchard Parkway and Whirlpool Street and pick up the Niagara scenic trolley,… This trolley will take you to all of the attractions.
About the Business
Years in Operation
7
Employees
0
Facilities & Assets
Both of these homes are ready to host guests, They currently have several bookings, 641 Orchard Parkway has forced air heating and central air conditioning, all the mechanicals are approximately five years old. 655 chilton ave has radiator heating and 2 year old central air conditioning the water heater is six years old. The electrical has the required updates including hardwired smoke and CO2 detectors the plumbing is PVC copper and PEXs, Everything is extremely well maintenance and works perfectly.
Website
https://t.vrbo.io/HAaPRv7zrZb
Market Outlook / Competition
Many people in this industry pay for a property managers to run the business,… Trust me you do not need to pay these extra 20%. With the use of these three key people you will Will be able to run your business at a distance and remain very profitable. These two properties are located on two of the four best streets to run a short term rental property in Niagara Falls. If you are an out-of-town investor you can run this business at a distance very easily, the 2 STR's I sold in 2023 are being run by out of town investors, they are both very profitable.
Opportunities for Growth
These two properties should be grossing close to $120,000 per year period there are several factors why the gross earnings are closer to 80,000 per year. There are several ways to increase the profit margin on this home
PLEASE CALL ME DIRECTLY
and we will discuss the details. This is a fantastic opportunity for an investor.
Real Estate
Owned or Leased
Owned
Included in asking price
Building Sq. Ft.
3,700
About the Sale
Seller Motivation
Health issues and changing my focus.
Transition Support
Just call I will give you a rundown of the other short term rental properties in the area. I have a great cleaning lady, an on-call maintenance guy, and there is a gentleman on the block that cuts the lawns, these are the only real expenses there is extremely low maintenance on this home.
Financing Options
With a 50% down payment I would consider holding the note for two years.
Listing Info
ID
2338043
Listing Views
2180
Attached DocumentsAttachment Disclaimer

trolly.pdf

Business Location

Contact Seller

By clicking the button, you agree to BizQuest's Terms of Use and Privacy Notice.

Business Listed by: David Abbondanza

Listing ID: 2338043 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.