97 Queen Street, Fort Erie, Ontario L2A 1T9 is For Sale and has a listing price of 625,000. The property is located in the Fort Erie . It's been on the website for 53 Days.
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.
List Date | MLS ID | List Price | Status | End Date | Closed Price |
---|---|---|---|---|---|
11/01/2024 | X10203408 | $625,000 | For Sale | - | - |
10/30/2024 | X9866058 | $625,000 | For Sale | - | - |
06/04/2024 | X8401880 | $550,000 | Cancelled | 08/20/2024 | - |