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97 Queen Street

Fort Erie, Ontario, L2A1T9

$539,900

MLS®#: 40498926
4
Beds
4
Baths
2000
Sq. Ft.
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:52766)

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Property Details
Status: For sale
Address: 97 Queen Street, Fort Erie, L2A1T9
MLS: 40498926
Lot Size: 82' x 66'
Heating Fuel: Natural gas
Heating Type: Other, Radiant heat
Cooling: None
Water: Municipal water
Floor Space: 2000
Lot Size: 82' x 66'
Exterior: Brick, Concrete
Basement Type: None
Agency: Courtesy of RE/MAX NIAGARA REALTY LTD.
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