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Home ON St. Catharines - Niagara Niagara Region Fort Erie Fort Erie North
97 QUEEN STREET
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97 QUEEN STREET $625,000
$625,000
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97 QUEEN STREET
Fort Erie (Central), Ontario L2A1T9

MLS® Number: X12329884
4
Bedrooms
2000
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 #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. (41031755)

Location Description

Cross Streets: CENTRAL AVE. ** Directions: Central Avenue to Queen Street.

Property Summary

Property Type
Multi-family
Building Type
Multi-Family
Square Footage
2000 sqft
Community Name
332 - Central
Land Size
Bldg=82.13 x 66 FT
Age Of Building
51 to 99 years
Annual Property Taxes
$3,097
Total Parking Spaces
3
Time on REALTOR.ca
131 days

Building

Heating & Cooling
Cooling
None
Heating Type
Other
Utilities
Utility Sewer
Sanitary sewer
Water
Municipal water
Business
Business Type
Residential (Apartments)
Neighbourhood Features
Amenities Nearby
Public Transit, Recreation
Parking
Total Parking Spaces
3

Measurements

Square Footage
2000 sqft
Exterior Building Size
2000 sqft

Land

Lot Features
Frontage
82 ft ,1 in
Land Depth
66 ft
Other Property Information
Zoning Description
R3
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