97 Queen Street Fort Erie, Ontario L2A 1T9

4 Bedroom 4 Bathroom 2,000 - 2,500 ft2
Hot Water Radiator Heat

$625,000

Discover the perfect investment opportunity in the heart of Fort Erie. This spacious large brick and concrete block 4-plex offers the ideal combination of versatility and potential income. With an attached carport and a detached 2-car garage, there are options to maximize your rental income. This property features four distinct units, catering to a variety of tenant needs. There's one cozy bachelor apartment, two spacious one-bedroom units, and a generous two-bedroom apartment. The third-floor one-bedroom apartment is a unique gem, offering exclusive access to a rooftop space with breathtaking views of the Buffalo skyline. Apartment #2 (Bachelor) $850, Apartment #1 (one bedroom - currently rented) $820, Apartment #3 (2 bedroom and currently rented) $769 and Apartment #4 (one bedroom - vacant) Potential rent $1250 . All rents are all utilities included. Property has hot water gas heating & furnace is located in Unit 1. One unit currently vacant, providing an excellent opportunity for the new owner to take possession for personal use or set competitive rental rates for incoming tenants. With a little vision and the potential to rent out individual garage bays, this investment promises both immediate returns and long-term value. Don't miss out on this chance to own a piece of Fort Erie real estate with incredible potential. Recent improvements include a new exterior staircase to 3rd floor, updated bathroom in apartment 4 and exterior has been painted. (id:56069)

Property Details

MLS® Number X10203408
Property Type Multi-family
Community Name 332 - Central
Amenities Near By Hospital, Public Transit, Schools
Community Features School Bus
Features Sloping
Parking Space Total 5
View Type Lake View, View Of Water

Building

Bathroom Total 4
Bedrooms Above Ground 4
Bedrooms Total 4
Exterior Finish Brick, Concrete
Foundation Type Slab
Heating Fuel Natural Gas
Heating Type Hot Water Radiator Heat
Stories Total 3
Size Interior 2,000 - 2,500 Ft2
Type Other
Utility Water Municipal Water

Parking

Detached Garage

Land

Acreage No
Land Amenities Hospital, Public Transit, Schools
Sewer Sanitary Sewer
Size Depth 66 Ft
Size Frontage 82 Ft ,1 In
Size Irregular 82.1 X 66 Ft
Size Total Text 82.1 X 66 Ft
Surface Water Lake/pond
Zoning Description R3

Rooms

Level Type Dimensions

Utilities

Cable Installed
Sewer Installed

https://www.realtor.ca/real-estate/27659196/97-queen-street-fort-erie-332-central-332-central

Contact Us

Contact us for more information

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Ray J Rosettani
Salesperson

(905) 651-3279

RE/MAX Niagara Realty Ltd, Brokerage
5627 Main St
Niagara Falls, Ontario L2G 5Z3

(905) 356-9600
(905) 374-0241
www.remaxniagara.ca/

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