97 Queen Street Fort Erie, Ontario L2A 1T9
$539,900
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:35868)
Property Details
| MLS® Number | 40498926 |
| Property Type | Multi-family |
| Amenities Near By | Golf Nearby, Hospital, Marina, Park, Place Of Worship, Public Transit, Schools, Shopping |
| Community Features | School Bus |
| Features | Visual Exposure, Paved Driveway |
| Parking Space Total | 3 |
Building
| Bathroom Total | 4 |
| Bedrooms Total | 4 |
| Basement Type | None |
| Construction Material | Concrete Block, Concrete Walls |
| Cooling Type | None |
| Exterior Finish | Brick, Concrete |
| Heating Fuel | Natural Gas |
| Heating Type | Other, Radiant Heat |
| Stories Total | 3 |
| Size Interior | 2000 |
| Type | Fourplex |
| Utility Water | Municipal Water |
Parking
| Detached Garage | |
| Carport |
Land
| Access Type | Water Access, Highway Access |
| Acreage | No |
| Land Amenities | Golf Nearby, Hospital, Marina, Park, Place Of Worship, Public Transit, Schools, Shopping |
| Sewer | Municipal Sewage System |
| Size Depth | 66 Ft |
| Size Frontage | 82 Ft |
| Size Total Text | Under 1/2 Acre |
| Zoning Description | R3 |
https://www.realtor.ca/real-estate/26169962/97-queen-street-fort-erie
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April 02 2024 06:01:56
Niagara Association of REALTORS®
RE/MAX Niagara Realty Ltd, Brokerage
