Fort Erie, ON L2A 1T9,97 Queen Street
Fort Erie, ON L2A 1T9,97 Queen Street
Fort Erie, ON L2A 1T9,97 Queen Street
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The Real Estate Boutique Brokerage Inc

The Real Estate Boutique Brokerage Inc

+1(905) 332-2207
Listed by Ray J Rosettani • RE/MAX NIAGARA REALTY LTD, BROKERAGE
$625,000
Est. payment /mo
4 Beds
4 Baths
2,000 SqFt
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UPDATED:

10/30/2024 04:40 PM

Key Details

Property Type Multi-Family

Sub Type Multi-4 Unit

Listing Status Active

Purchase Type For Sale

Square Footage 2,000 sqft

Price per Sqft $312

MLS Listing ID 40670587

Bedrooms 4

Abv Grd Liv Area 2,000

Originating Board Niagara

Annual Tax Amount $3,097

Property 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.

Location

Province ON

County Niagara

Area Fort Erie

Zoning R3

Direction CENTRAL AVE

Rooms

Basement None

Kitchen 0

Interior

Interior Features Separate Heating Controls, Other

Heating Natural Gas, Radiant, Other

Cooling None

Fireplace No

Appliance Refrigerator, Stove

Laundry None

Exterior

Exterior Feature Balcony

Garage Detached Garage, Asphalt

Garage Spaces 2.0

Waterfront No

Waterfront Description Lake Privileges,Lake/Pond

Roof Type Asphalt Shing,Rolled/Hot Mop,Shingle

Lot Frontage 82.13

Lot Depth 66.0

Parking Type Detached Garage, Asphalt

Garage No

Building

Lot Description City Lot, Near Golf Course, Highway Access, Hospital, Library, Marina, Open Spaces, Park, Place of Worship, Public Transit, School Bus Route, Schools, Shopping Nearby, Visual Exposure, Other

Faces CENTRAL AVE

Story 3

Foundation Slab

Sewer Sewer (Municipal)

Water Municipal

Structure Type Brick,Block

New Construction No

Others

Senior Community No

Tax ID 642220109

Ownership Freehold/None


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