97 Queen Street Fort Erie, Ontario L2A 1T9
$625,000
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. (id:63476)
Business
| Business Type | Residential |
| Business Sub Type | Apartments |
Property Details
| MLS® Number | X12329884 |
| Property Type | Multi-family |
| Community Name | 332 - Central |
| Amenities Near By | Public Transit, Recreation |
| Parking Space Total | 3 |
Building
| Bedrooms Total | 4 |
| Age | 51 To 99 Years |
| Cooling Type | None |
| Heating Type | Other |
| Size Exterior | 2000 Sqft |
| Size Interior | 2,000 Sqft |
| Type | Multi-family |
| Utility Water | Municipal Water |
Land
| Acreage | No |
| Land Amenities | Public Transit, Recreation |
| Sewer | Sanitary Sewer |
| Size Depth | 66 Ft |
| Size Frontage | 82 Ft ,1 In |
| Size Irregular | Bldg=82.13 X 66 Ft |
| Size Total Text | Bldg=82.13 X 66 Ft |
| Zoning Description | R3 |
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January 09 2026 10:25:08
Niagara Association of REALTORS®
RE/MAX Niagara Realty Ltd, Brokerage