$ 1,512,000
1592 TENTH LINE ROAD Ottawa, ON K1E2H8
REQUEST A TOUR
$ 1,512,000
Est. payment | /mo
0.37 Acres Lot
$ 1,512,000
Est. payment | /mo
0.37 Acres Lot
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Subdivision Queenswood Heights
MLS® Listing ID 1393702
Originating Board Ottawa Real Estate Board
Year Built 1962
Lot Size 0.370 Acres
Acres 16117.2
Property Description
Location, location, location! Welcome to 1592 Tenth Line Road, an exceptional real estate opportunity in Orleans! Fourplex, with three of its units currently tenanted, provides immediate income - $38,201 NOI while you wait to develop in the near future! It's important to note that the fourplex is being sold in"as is" condition, as the true value of this offering lies in the development potential the lot holds. Site plan for the construction of 27 one-bedroom units across two buildings, with underground parking. This strategically located development lot offers great potential for investors and developers seeking to create a thriving multi-residential community. One of the most compelling aspects of this property is its prime location. It is conveniently situated near essential amenities such as the Ray Friel Rec Complex, groceries, & shopping, making it an attractive option for future residents. Contact me for more information & to explore the full development package of this property. (id:24570)
Location
Province ON
Interior
Heating Baseboard heaters, Forced air
Cooling None
Flooring Laminate
Exterior
Garage No
Waterfront No
View Y/N No
Total Parking Spaces 4
Private Pool No
Building
Story 3
Sewer Municipal sewage system
Listed by EXP REALTY
GET MORE INFORMATION