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Home ON St. Catharines - Niagara Fort Erie Fort Erie North
97 QUEEN STREET
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97 QUEEN STREET $625,000
$625,000
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97 QUEEN STREET
Fort Erie (332 - Central), Ontario L2A1T9

MLS® Number: X9866058
4
Bedrooms
4
Bathrooms
2000
Square Feet

Listing 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. (37463148)

Location Description

CENTRAL AVE

Property Summary

Property Type
Business
Square Footage
2000 sqft
Community Name
332 - Central
Land Size
Unit=82.13 x 66 FT|under 1/2 acre
Annual Property Taxes
$3,097
Parking Type
Detached Garage
Time on REALTOR.ca
16 days

Building

Bathrooms
Total
4
Building Features
Foundation Type
Slab
Building Amenities
Separate Heating Controls
Rental Equipment
Water Heater
Heating & Cooling
Heating Type
Other (Natural gas)
Utilities
Utility Sewer
Sanitary sewer
Water
Municipal water
Exterior Features
Exterior Finish
Concrete, Brick
Neighbourhood Features
Amenities Nearby
Public Transit, Park, Hospital
Parking
Parking Type
Detached Garage
Total Parking Spaces
3

Measurements

Square Footage
2000 sqft

Land

Lot Features
Frontage
82 ft ,1 in
Land Depth
66 ft
Other Property Information
Zoning Description
R3
Data provided by: Niagara Association of REALTORS® 116 Niagara Street, St. Catharines, Ontario L2R 4L4
Ray J Rosettani