97 Queen Street Image 1

$625,000

Nov 1, 2024Multiplex For Sale
bedrooms4bed
washrooms8bath
MLS - #X10203408

97 Queen Street, Fort Erie, ON L2A 1T9

0
Similar Homes Found
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Average Price
62500000.0%
Higher than average

Price Comparison

Note * Price comparison is based on the similar properties listed in the area and may not be accurate. Consult licensed real estate agent for accurate comparison.

Property Description

Property type

Multiplex

Lot size

N/A

Style

3-Storey

Approx. Area

N/A

Room Information

Room TypeDimension (length x width)FeaturesLevel
BedroomN/AN/AGround

About 97 Queen Street

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.

Home Overview

Last updated

5 days ago

Virtual tour

None

Basement information

None

Building size

--

Status

In-Active

Property sub type

Multiplex

Maintenance fee

$N/A

Year built

2024

Listed by RE/MAX NIAGARA REALTY LTD, BROKERAGE

Additional Details

Basement:None
Cooling:None
Heating:Water
Parking Features:Private

MORTGAGE INFO

ESTIMATED PAYMENT

Principal and InterestProperty Taxes$2387.08/ month
$500,000 Principal and Interest
$600,000 Property Taxes

Location

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Walk Score for 97 Queen Street

Some information about this property - Queen Street

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