97 Queen Street , Fort Erie, ON L2A 1T9
Fort Erie, ON L2A 1T9
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 #2 (Bachelor) $820, Apartment #1 (one bedroom) $850, Apartment #3 (2 bedroom) $769 and Apartment #4 (one bedroom) rent $1250 . 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.
Details
| MLS# | X10203408 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Extension |
| Days On Site | 173 |
| Listing Provided By | RE/MAX NIAGARA REALTY LTD, BROKERAGE | X10203408 322302 |
Features
| Bed(s) | 4 |
|---|---|
| Bath(s) | 4 |
| Property View | Lake, Panoramic, Water |
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Learn More About This Property
| Province | ON |
|---|---|
| County | Niagara |
| City | Fort Erie |
| Postal Code | L2A 1T9 |
| Area | 332 Central |
| Listing VS Median (In L2A 1T9) | |
Price: $625,000 low | high Med: $0 On site: 173 low | high Med: | |