For Sale

97 Queen Street, Fort Erie (332 - Central), Ontario L2A1T9

$625,000

97 Queen Street, Fort Erie (332 - Central), Ontario L2A1T9 is For Sale and has a listing price of 625,000. The property is located in the Fort Erie North neighbourhood. It's been on the website for 62 Days.

  • Multi-family
    Property Type
  • Other
    Building Type
  • 4
    Bedrooms
  • 4
    Bathrooms
  • Detached Garage
    Parking
  • 5
    Parking Spaces
  • MLS ID: X10203408
  • Office Name RE/MAX NIAGARA REALTY LTD, BROKERAGE
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 #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. (id:43137)

Property Details
  • Bedrooms: 4
  • MLS ID: X10203408
  • Bathrooms: 4
  • Price: $625,000
  • Transaction Types: For Sale
  • Ref ID: 27659196
  • View: Lake View, View Of Water
  • Year Built: N/A
  • Building Type: Other
  • Property Type: Multi-family
  • Property Type: All Houses
  • Property Sub Category: All Houses
Price History
List Date MLS ID List Price Status End Date Closed Price
10/30/2024 X9866058 $625,000 For Sale - -
10/30/2024 X10203408 $625,000 For Sale - -
Market Temperature
  • Buyer's Market
  • Balanced
  • Seller's Market
Floor Plans
Bedroom - Ground Measurements not available
Neighborhood Stats
Fort Erie North
  • $619,628 Average List Price
    based on 1 year
  • 34 New Listings
    based on 30 days
  • 0 Median Days on Market
    based on 1 year
  • List vs. Selling Price 3.94 % Up
  • Sold (12mo) 52
  • Rented (12mo) 23

  • 1 Month Change +2.9%
  • 3 Month Change +14.9%
  • 6 Month Change +20.8%
Walkscore
Property Type Distribution
  • All Houses
    75.07%
  • Commercial
    17.12%
  • Condo
    5.49%
  • Land for Sale
    2.33%
Additional Details
  • Sewers Sanitary Sewer
  • Heat Source Natural Gas
  • Heating System Hot Water Radiator Heat
  • Water Municipal Water
  • Exterior Brick, Concrete
  • Total Parking Spaces: 5
  • Property Features Sloping
  • Fireplace False
  • Parking Detached Garage
  • Taxes: N/A
  • Original Price: $0
  • Sold Price: $0
  • Addl Monthly Fees: $0
  • Listing Entry Date: 30/10/2024 00:00:00
  • Zoning A-ep
  • Agent Name: Ray J Rosettani
  • Last Updated: 06/12/2024 14:53:02
Open House Dates
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