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$625,000
Available - For Sale
Listing ID: X10203408
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.
Price $625,000
Taxes: $3,097
Assessment: $182000
Assessment Year: 2024
Address: 97 Queen St , Fort Erie, L2A 1T9, Ontario
Lot Size: 82.13 x 66 (Feet)
Directions/Cross Streets: Central Avenue
Rooms: 9
Rooms +: 0
Bedrooms: 4
Bedrooms +: 0
Washrooms: 4
Kitchens: 4
Kitchens +: 0
Family Room: N
Basement: None
  Level/Floor Room Length(ft) Width(ft) Descriptions
Room 1: Ground Br 0.00 0.00
No. of Pieces Level
Washroom 1 4 Main
Washroom 2 4 Main
Washroom 3 4 2nd
Washroom 4 4 3rd
Property Type: Multiplex
Style: 3-Storey
Exterior: Brick
Concrete
Garage Type: Detached
(Parking/)Drive: Private
Drive Parking Spaces: 3
Pool: None
Approximatly Age: 51-99
Approximatly Square Footage: 2000-2500
Property Features: Hospital
Lake/Pond
Public Transit
School
School Bus Route
Fireplace/Stove: N
Heat Source: Gas
Heat Type: Water
Central Air Conditioning: None
Central Vac: N
Elevator Lift: N
Sewers: Sewers
Water: Municipal
Utilities-Cable: Y
Utilities-Hydro: Y
Utilities-Gas: Y
Utilities-Telephone: Y
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RE/MAX NIAGARA REALTY LTD, BROKERAGE

97 Queen St , Fort Erie, L2A 1T9, Ontario

Personal Picture
MD Ashraful Bari
Broker
Dir:
647.406.6653
Bus:
905.201.9977
Fax:
905.201.9229

 
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At a Glance:
Type: Freehold - Multiplex
Area: Niagara
Municipality: Fort Erie
Neighbourhood: 332 - Central
Style: 3-Storey
Lot Size: 82.13 x 66.00(Feet)
Approximate Age: 51-99
Tax: $3,097
Maintenance Fee: $0
Beds: 4
Baths: 4
Garage: 0
Fireplace: N
Air Conditioning:
Pool: None
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Personal Pic MD Ashraful Bari Broker HomeLife/Future Realty Inc, Brokerage Independently owned and operated. pic Cell: 647.406.6653 | Office: 905.201.9977
MD Ashraful Bari
BROKER

Cell: 647.406.6653
Office: 905.201.9977
Fax: 905.201.9229


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HomeLife/Future Realty Inc., Brokerage
Independently owned and operated.
205-7 Eastvale Drive
Markham, ON L3S 4N8

 

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