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97 Queen Street Fort Erie, Ontario L2A 1T9

4 Bedroom 4 Bathroom 2000 sqft
None Other, Radiant Heat

$625,000

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. (id:35868)

Property Details

MLS® Number 40670587
Property Type Multi-family
Amenities Near By Golf Nearby, Hospital, Marina, Park, Place Of Worship, Public Transit, Schools, Shopping
Community Features School Bus
Equipment Type Water Heater
Features Visual Exposure, Paved Driveway
Parking Space Total 3
Rental Equipment Type Water Heater

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 Sqft
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/27597090/97-queen-street-fort-erie

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