97 Queen Street, Fort Erie (332 - Central), Ontario

$625,000

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4

Beds

4

Baths

About 97 Queen Street

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:36535)

Features of 97 Queen Street

Listing # X10203408
Price $625,000
Bedrooms 4
Bathrooms 4.00
Acres 0.00
Type Multi-family

Community Information

Address 97 Queen Street
Subdivision 332 - Central
City Fort Erie (332 - Central)
Province Ontario
Postal Code L2A1T9

Amenities

Amenities Hospital, Public Transit, Schools
Utilities Cable, Sewer
Features Sloping
Parking Spaces 5
Parking Detached Garage
# of Garages 1
View Lake view, View of water
Is Waterfront No
Has Pool No

Interior

Heating Natural gas Hot water radiator heat
Fireplace No
# of Stories 3
Has Basement No

Exterior

Exterior Brick, Concrete
Lot Description 82.1 x 66 FT
Foundation Slab

Listing Details

OfficeCourtesy Of Ray J Rosettani Of RE/MAX NIAGARA REALTY LTD, BROKERAGE

Listing Map