97 Queen Street, Fort Erie, Ontario

$539,900

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4

Beds

4

Baths

2,000

Square feet

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 #1 (Bachelor) potential rent of $800, Apartment #2 (one bedroom - currently rented) $800, Apartment #3 (2 bedroom and currently rented) $750 and Apartment #4 (one bedroom - vacant) Potential rent $1000. All rents are all utilities included. Property has hot water gas heating & furnace is located in Unit 2. 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. (id:36535)

Features of 97 Queen Street

Listing # 40498926
Price $539,900
Bedrooms 4
Bathrooms 4.00
Square Footage 2,000
Acres 0.00
Type Multi-family
Sub-Type Freehold

Community Information

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

Amenities

Amenities Golf Nearby, Hospital, Marina, Park, Place of Worship, Public Transit, Schools, Shopping
Features Visual exposure, Paved driveway
Parking Spaces 3
Parking Carport, Detached Garage
# of Garages 2
Is Waterfront No
Has Pool No

Interior

Heating Natural gas Other, Radiant heat
Cooling None
Fireplace No
# of Stories 3
Has Basement No

Exterior

Exterior Brick, Concrete
Construction Concrete block, Concrete Walls

Listing Details

OfficeCourtesy Of RAY J ROSETTANI Of RE/MAX NIAGARA REALTY LTD, BROKERAGE

Listing Map