$625,000
97 QUEEN Street Fort Erie, ON L2A1T9
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$625,000
Est. payment /mo
4 BD
4 BA
2,000 SqFt
New
97 QUEEN Street Fort Erie, ON L2A1T9
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Freehold
Listing Status Active
Purchase Type For Sale
Square Footage 2,000 sqft
Price per Sqft $312
Subdivision 332 - Central Ave
MLS® Listing ID 40670587
Bedrooms 4
Originating Board Niagara Association of REALTORS®
Property Description
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. Two units are 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:24570)
Location
Province ON
Interior
Heating Other, Radiant heat,
Cooling None
Exterior
Garage Yes
Community Features School Bus
Waterfront No
View Y/N No
Total Parking Spaces 3
Private Pool No
Building
Story 3
Sewer Municipal sewage system
Others
Ownership Freehold
Listed by RE/MAX NIAGARA REALTY LTD, BROKERAGE
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