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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
6 days ago
$625,000
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97 QUEEN STREET
Fort Erie (332 - Central), Ontario L2A1T9

MLS® Number: X10203408
4
Bedrooms
4
Bathrooms
2000 - 2500
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. One unit 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. (37862604)

Location Description

Central Avenue

Property Summary

Property Type
Multi-family
Building Type
Other
Storeys
3
Square Footage
2000 - 2500 sqft
Community Name
332 - Central
Land Size
82.1 x 66 FT
Annual Property Taxes
$3,097
Parking Type
Detached Garage
Time on REALTOR.ca
6 days

Building

Bedrooms
Above Grade
4
Bathrooms
Total
4
Building Features
Features
Sloping
Foundation Type
Slab
Heating & Cooling
Heating Type
Hot water radiator heat (Natural gas)
Utilities
Utility Type
Cable (Installed), Sewer (Installed)
Utility Sewer
Sanitary sewer
Water
Municipal water
Exterior Features
Exterior Finish
Brick, Concrete
Neighbourhood Features
Community Features
School Bus
Amenities Nearby
Hospital, Public Transit, Schools
Parking
Parking Type
Detached Garage
Total Parking Spaces
5

Measurements

Square Footage
2000 - 2500 sqft

Rooms

Ground level
Bedroom

Land

Lot Features
Frontage
82 ft ,1 in
Land Depth
66 ft
View
Lake view, View of water
Other Property Information
Zoning Description
R3
Waterfront Features
Surface Water
Lake/Pond
Data provided by: Niagara Association of REALTORS® 116 Niagara Street, St. Catharines, Ontario L2R 4L4

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