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97 Queen Street

Fort Erie, L2A 1T9
4 Beds
4 Bath
2000-2500 sqft

$625,000

Est. Payment
$2,387/mo*
*Based on 20% down, 4% interest, 30-year term
Listed by RE/MAX NIAGARA REALTY LTD, BROKERAGE
MultiplexMLS #X10203408Extension

Room Details

RoomFeaturesLevel
Bedroom
Ground

Client Remarks

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.

About This Property

97 Queen Street, Fort Erie, L2A 1T9

Property Type
Multiplex
Lot Size
N/A
Style
3-Storey
Living Area
N/A

Home Overview

Basic Information

Last Updated
Virtual Tour
N/A
Basement
None
Building Size
N/A
Status
In-Active
Property Type
Multiplex
Maintenance Fee
N/A
Year Built
2024
satellite view
Walk around the neighborhood
97 Queen Street, Fort Erie, L2A 1T9
Sales Representative

Shally Shi

Sales Representative, Dolphin Realty Inc

English, Mandarin
Residential ResaleProperty ManagementPre Construction

Mortgage Information

Estimated Payment

$0 Principal and Interest

walking  Walk Score for 97 Queen Street

Default Agent

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