97 Queen St, Fort Erie, Ontario L2A 1T9

$550,000
4
BD
4
BA
2,000
SqFt
List Price
$550,000
MLS#
X8401880
Status
A
Type
Multifamily
SubType
Multiplex
Style
3-Storey
Bedrooms
4
Bathrooms
4
Living Area
2000-2500
Province
Ontario
Municipality
Fort Erie
Area
Niagara
Subdivision
Central Avenue

Property 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. Two units are currently vacant.

Additional Information

Taxes
$2,776
Water
Municipal
Heat Type
Baseboard
Heat Source
Electric
Rooms
9
Family Room
N
Kitchens
4
Exterior
Brick
Garage Spaces
2
Garage Type
Detached
Pool
None
Lot Frontage
82.13
Parking Spaces
3
Legal Description
PT LT 5 PL 515 VILLAGE OF FORT ERIE AS IN RO769346 EXCEPT THE EASEMENT THEREIN; FORT ERIE

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of RE/MAX NIAGARA REALTY LTD..