97 Queen Street, Fort Erie ON L2A 1T9

$ 625,000
97 Queen Street, Fort Erie ON L2A 1T9,
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Overview

  • Updated On:
  • October 30, 2024
  • 4 Bedrooms
  • 4 Bathrooms
  • 2,000 ft2

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.

Address: 97 Queen Street, Fort Erie ON L2A 1T9
City:
State/County:
Zip: L2A 1T9
Country: CA
Open In Google Maps
Property Id : 2257093
Price: $ 625,000
Property Size: 2,000 ft2
Bedrooms: 4
Bathrooms: 4
Outdoor Details
balcony
Other Features
Has Heating System
Open Parking
Other
Refrigerator
Separate Heating Controls
Stove
$ 2,423.25
per month
  • Principal and Interest
  • Property Tax
  • HOA fee
$ 2,423.25

Mazher Latif

Real Estate Agent
Member of: Cityscape Real Estate Ltd., Brokerage

Contact Me

Schedule a showing?
Call +1 (519) 209-6934 WhatsApp

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Mazher Latif