97 Queen Street For Sale

Fort Erie, Central, L2A 1T9

$625,000

Description

Listed by RE/MAX NIAGARA REALTY LTD, BROKERAGE.

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.

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Location

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  • Address: 97 Queen Street
  • Neighborhood: Central
  • City: Fort Erie
  • State: Ontario
  • Postal Code: L2A 1T9

Property Details

  • Property ID: X9866058
  • Property Price: $625,000
  • Style: Investment, Apartment
  • Sq/Ft: 2000
  • Garage: Double Detached
  • Parking Spaces: 3
  • Year Built: 51-99
  • A/C: N
  • Basement: N
  • Heating: Other
  • Taxes: $3,097.00 (2024)

Property History

This property has been sold 3 times before. To view this property's sale price history please sign in or register:


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Contact Manoj Kukreja

Sales Representative, Century 21 People’s Choice Realty Inc., Brokerage
(647) 576 - 2100