Frontside or backside of a home, the street view for 97 Queen St, Fort Erie Ontario L2A 1T9
75 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 Market75 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) $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. One unit 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.


Property Details

Style3-Storey
View-
Age of property51-99
SqFt~2000-2500 SqFt
Lot Size5,420 SqFt(66 x 82.13)
Parking Spaces5
MLS ®NumberX10203408
Community NameFort Erie North
Data SourceTRREB
Listing byRE/MAX NIAGARA REALTY LTD, BROKERAGE

Features

Heating: Water

Ground Floor

Br

0.00 x 0.00


Features

Lot size: 5,420 SqFt

Parking

Garage spaces 2

Garage type Detached

Other parking spaces 3

Total parking spaces 5


Property History

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Listed
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75 days on market
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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