$625,000
 $3,355 forsale estimated payment Sourced by Back At You

97 Queen Street , Fort Erie, ON L2A 1T9

Fort Erie, ON L2A 1T9

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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) $850, Apartment #1 (one bedroom - currently rented) $820, Apartment #3 (2 bedroom and currently rented) $769 and Apartment #4 (one bedroom - vacant) Potential rent $1250 . All rents are all utilities included. Property has hot water gas heating & furnace is located in Unit 1. Two units are currently vacant, providing an excellent opportunity for the new owner to take possession for personal use or set competitive rental rates for incoming tenants. 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.

Details

Mls40670587
Listing TypeFor Sale
StyleAttachd
SubtypeResale
StatusActive
Days On Site15
Listing Provided ByRE/MAX NIAGARA REALTY LTD, BROKERAGE | Ray J Rosettani

Features

Beds4
Baths4
Sq Feet2,000
Garage2
Storys3
Units4
ZoningR3
Golf CourseYes
Water FrontYes
MLS Internet Data Exchange (IDX) information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the Information Technology of Southern Ontario MLS.

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Listings Checked: 1 minute ago
StateON
CountyNiagara
CityFort Erie
Zip CodeL2A 1T9
AreaFort Erie
Subarea332 Central Ave
Community Name332 Central Ave
Listing VS Median (in 332 Central Ave)
Price:
$625,000
low | high
Med:
$495,000
70.8% of Average
SqFt:
2,000
low | high
Med:
900
100% of Average
$ / SqFt:
$313
low | high
Med:
$550
26% of Average
On Site:
15
low | high
Med:
49.000000
30.612244897959% of Average
Sourced by Back At You
Listing Updated: October 30, 2024 at 12:53:18 PM PDT