Frontside or backside of a home, the street view for 97 Queen St, Fort Erie Ontario L2A 1T9
154 days on Market

97 Queen St, Fort Erie, Ontario L2A 1T9

Townhouse
4
4
~2000-2500 sqft
$625,000
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Townhouse
4
4
~2000-2500 sqft

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Highlights

Estimated ValueNot available

Price/Sqft$281/sqft

Est. Mortgage$2,684/mo

Tax Amount (2024)$3,097/yr

Days On Market154 days


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) $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.


Property Details

Style3-Storey
View-
Age of property51-99
SqFt~2000-2500 SqFt
Lot Size-
Parking Spaces5
MLS ®NumberX10203408
Community NameFort Erie North
Data SourceTRREB
Listing byRE/MAX NIAGARA REALTY LTD, BROKERAGE

Features

Heating: Water

Parking

Garage spaces 2

Garage type Detached

Other parking spaces 3

Total parking spaces 5


Property History

Oct 30, 2024
Listed for
$625,000
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Listed
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Listed
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154 days on market
history photo preview25
Listing by trreb®
Property listed by RE/MAX NIAGARA REALTY LTD, BROKERAGE, Brokerage
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Population and Demographics

Overview

Total population 6260
Average household income $86,613

Age (%)

65 and plus
24%
50 to 64
23%
0 to 19
19%
20 to 34
18%
35 to 49
16%

Household composition (%)

Single family
61%
Single person
35%
Multi person
4%
Multi family
0%

Mother tongue (%)

English
90%
Spanish
3%
Others
3%
Italian
2%
French
1%

House tenancy (%)

Owners
66%
Renters
34%

Schools and amenities

Estimated Budget