97 Queen St

Fort Erie, ON L2A 1T9
  • $625,000

    Price
  • 4

    Bed
  • 0

    Bath
  • 2,000

    SqFt

About the Listing 322303 -

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) $867, Apartment #2 (one bedroom) $840, Apartment #3 (2 bedroom) $789 and Apartment #4 (one bedroom) rent $1295 . Detached 2 car garage with separate units $100 each side. (currently vacant). All rents are all utilities included. Property has hot water gas heating & furnace is located in Unit 1. 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. Operation costs are approximately $12,500 per year. Seller has just installed a new boiler system 2025.

Listing Highlights

Status Active
Days on Site 161
Property Type Commercial Sale
MLS ® X12329884
Year Built
Total Square Footage 2,000
Lot/Acreage N/A
County Niagara
Neighborhood 332 - Central

Interior Details

  • Bedrooms: 4
  • Bathrooms: 0 Full
  • Appliances:
  • Air Cond: No
  • Heating:
  • Fireplaces:
  • Floor:
  • Above Ground Sq Ft:
  • Below Ground Sq Ft: n/a
  • Basement:
  • Other:
  • Water:

Exterior Details

  • Garage Capacity: N/A
  • Roof:
  • Others:
  • Sewer: Sanitary
  • Parking Features: Double Detached

Financial Details

  • Tax Amount: $3,097
  • Taxes w/Assessments: N/A
  • Tax/Property ID: 642220109
  • Tax Year: 2024

Payment Calculator

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97 Queen St Fort Erie, ON L2A 1T9

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