4 Beds 4 Bath

97 Queen Street, Fort Erie, ON L2A 1T9

Fort Erie L2A 1T9 Ontario

MLS: X10203408

$625,000

Added 36 days ago | For Sale

Listed by: RE/MAX NIAGARA REALTY LTD, BROKERAGE

About Property

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) $820, Apartment #1 (one bedroom) $850, Apartment #3 (2 bedroom) $769 and Apartment #4 (one bedroom) rent $1250 . Detached 2 car garage with separate units $100 each side. (currently vacant). All rents are all utilities included. Property has hot water gas heating & furnace is located in Unit 1. 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. Operation costs are approximately $12,500 per year.

Features

  • House Style:Multiplex
  • Bathrooms:4
  • Land Size: 82.13 X 66
  • Water:Municipal
  • Garage Spaces: /Detached
  • Driveway:
  • Heating Fuel:Gas
  • Cross Street:Central Avenue
  • Basement:None , None
  • Possession Date:Flexible
  • Annual Property taxes: $3097
  • Bedrooms:4
  • Total Parking Spaces:3
  • Parking Places:3
  • Heating Type:Water
  • Pool Type:None
  • Exterior:
  • Direction Facing:North
  • Front Footage:
  • Listing ID:X10203408

Level Type Features Dimensions
Ground Bedroom 0 ft x 0 ft

No property rooms available.

About Agent
Prabhjot Singh
REALTOR®
(905) 867-2666 [email protected]
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