97 Queen Street , Fort Erie, ON L2A 1T9
Fort Erie, ON L2A 1T9
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.
Details
| Mls | 40670587 |
|---|---|
| Listing Type | For Sale |
| Style | Attachd |
| Subtype | Resale |
| Status | Active |
| Days On Site | 34 |
| Listing Provided By | RE/MAX NIAGARA REALTY LTD, BROKERAGE | Ray J Rosettani |
Features
| Beds | 4 |
|---|---|
| Baths | 4 |
| Sq Feet | 2,000 |
| Garage | 2 |
| Storys | 3 |
| Units | 4 |
| Zoning | R3 |
| Golf Course | Yes |
| Water Front | Yes |
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Learn More About This Property
| State | ON |
|---|---|
| County | Niagara |
| City | Fort Erie |
| Zip Code | L2A 1T9 |
| Area | Fort Erie |
| Subarea | 332 Central Ave |
| Community Name | 332 Central Ave |
| Listing VS Median (in 332 Central Ave) | |
Price: $625,000 low | high Med: $477,400 SqFt: 2,000 low | high Med: 1,427 $ / SqFt: $313 low | high Med: $390 On Site: 34 low | high Med: 79.500000 | |