RE/MAX NIAGARA REALTY LTD, BROKERAGE

$625,000

97 Queen Street, Fort Erie, Ontario

4 Bedrooms

4 Bathrooms

2000 Sqft

Property

MLS® Number: X9866058

Address: 97 Queen Street

City: Fort Erie

Utilities

Heating: Gas, Other

Parking

Parking Spaces: 3

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) $820, Apartment #1 (one bedroom) $850, Apartment #3 (2 bedroom) $769 and Apartment #4 (one bedroom) rent $1250 . Detached 2 car garage with separate units $100 each side. (currently vacant). All rents are all utilities included. Property has hot water gas heating & furnace is located in Unit 1. 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. Operation costs are approximately $12,500 per year.

Property Sale History

Travel and Neighbourhood

Car-Dependent

Location

Ray J. Rosettani
Ray J. Rosettani

Sales Representative

RE/MAX Niagara

Contact Ray J. Rosettani