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Last Updated : 400 Days ago
97 Queen Street, Fort Erie, ON,

97 Queen Street, Fort Erie MLS Number: 40670587

Fort Erie, Niagara, ON, L2A 1T9

$625,000

Status:

  • 4+ Beds
  • 4 Baths
  • Area : 2000 sqft
  • Property Type: Residential Income (Multi-4 Unit)
  • Property Taxes : $3097 (Tax Year:2024)
  • Listing Courtesy : Re/max Niagara Realty Ltd, Brokerage

97 Queen Street 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.

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97 Queen Street Property Facts

Property Type :Residential Income
MLS Number :40670587
Listing Type :Sale
Property Age :51-99 Years
Possession Date :
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Last Updated :30 Oct, 2024 (400 Days ago)
Source :Niagara
Area :Niagara
City :Fort Erie
Area Major :Fort Erie
Area Minor :332 - Central Ave
Postal Code : L2A 1T9
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Directions :CENTRAL AVE

97 Queen Street Property Price & Tax Insights

Price : $625,000
Property Taxes :$3097
Tax Year :2024

97 Queen Street, Fort Erie Property Details

Bedrooms :4 +
Heating :Natural Gas
Cross Street :CENTRAL AVE
Bathrooms :4
Approx Square Footage :2000 sqft

97 Queen Street, Fort Erie - Price History

2024-10

30 Oct, 2024

TREB #40670587

Listed

$625000

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