ON > Fort Erie > 332 - Central
Fort Erie, ON L2A 1T9,97 Queen ST
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Fort Erie, ON L2A 1T9,97 Queen ST
Fort Erie, ON L2A 1T9,97 Queen ST
Fort Erie, ON L2A 1T9,97 Queen ST
Fort Erie, ON L2A 1T9,97 Queen ST
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Jamie Black

Jamie Black

+1(416) 496-9220
$ 625,000
Est. payment /mo
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Active

97 Queen ST Fort Erie, ON L2A 1T9

4 Beds

UPDATED:

Key Details

Property Type Commercial

Sub Type Investment

Listing Status Active

Purchase Type For Sale

Subdivision 332 - Central

MLS Listing ID X12329884

Bedrooms 4

Annual Tax Amount $3,097

Tax Year 2024

Property Sub-Type Investment

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) $867, Apartment #2 (one bedroom) $840, Apartment #3 (2 bedroom) $789 and Apartment #4 (one bedroom) rent $1295 . 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. Seller has just installed a new boiler system 2025.

Location

Province ON

County Niagara

Area Niagara

Rooms

Kitchen 0

Interior

Cooling No

Exterior

Community Features Public Transit, Recreation/Community Centre

Utilities Available Yes

Lot Frontage 82.13

Lot Depth 66.0

Building

Building Age 51-99

New Construction false

Others

ParcelsYN No

Listed by RE/MAX NIAGARA REALTY LTD, BROKERAGE
Jamie Black

Jamie Black

Sales Representative

+1(416) 496-9220

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97 Queen ST

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