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4 Beds 4 Bath 2000-2500 sqft

97 Queen St

Fort Erie L2A 1T9 Ontario

MLS: X10203408

$625,000

Added 18 days ago | For Sale

Listed by: RE/MAX NIAGARA REALTY LTD, BROKERAGE

About Property

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.

Features

  • House Style:Multiplex
  • Bathrooms:4
  • Land Size:
  • Water:Municipal
  • Garage Spaces:2 /Detached
  • Driveway:Private
  • Heating Fuel:Gas
  • Cross Street:Central Avenue
  • Basement:None ,
  • Possession Date:Flexible
  • Annual Property taxes: $3097
  • Bedrooms:4
  • Total Parking Spaces:5
  • Parking Places:3
  • Heating Type:Water
  • Pool Type:None
  • Exterior:Brick
  • Fronting On:N
  • Front Footage:82.13
  • Listing ID:X10203408

Rooms Dimensions Description
Br - -

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Average Sale Prices per Month in Fort Erie
This graph illustrates the average sale prices per month in Fort Erie, providing an in-depth analysis of the real estate market trends and fluctuations
4 Bedrooms Multiplex House Fort Erie
Monthly Sales Trends in Fort Erie
This graph showcases the monthly sales trends in Fort Erie, offering valuable insights for both buyers and sellers in the real estate market.
4 Bedrooms Multiplex House Fort Erie
Avg Price for 4 Bedroom Multiplex house in Fort Erie
Discover the last 3 months average sold price city of Fort Erie neighbourhoods.
Community Average Price Difference Avg Days On Market
Nearby Schools
Explore a list of nearby schools in Fort Erie
School Name Distance
Peace Bridge Public School 0.97km
Our Lady of Victory Catholic Elementary School 0.98km
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