97 QUEEN Street, FORT ERIE

2023-10-13
 

Quick Summary

Location
97 QUEEN Street, FORT ERIE, Ontario L2A1T9
Price
$539,900 CAD
Status:
For Sale
Property Type:
Multi-family
Area:
2000ft2
Bedrooms:
4
Bathrooms:
4

MLS®#40498926

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 #1 (Bachelor) potential rent of $800, Apartment #2 (one bedroom - currently rented) $800, Apartment #3 (2 bedroom and currently rented) $750 and Apartment #4 (one bedroom - vacant) Potential rent $1000. All rents are all utilities included. Property has hot water gas heating & furnace is located in Unit 2. 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. (id:32467)

Property Features

Ammenities Near By

  • Ammenities Near By: Golf Nearby, Hospital, Marina, Park, Place of Worship, Public Transit, Schools, Shopping

Building

  • Basement Type: None
  • Cooling Type: None
  • Exterior Finish: Brick, Concrete
  • Fireplace: No
  • Interior Size: 2000.0000
  • Building Type: Fourplex
  • Stories: 3
  • Utility Water: Municipal water

Features

  • Feature: Visual exposure, Paved driveway

Land

  • Land Size: under 1/2 acre
  • Sewer: Municipal sewage system

Ownership

  • Type: Freehold

Zoning

  • Description: R3

Information entered by RE/MAX NIAGARA REALTY LTD, BROKERAGE
Listing information last updated on: 2024-04-02 18:01:56


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