1592 TENTH LINE ROAD, Ottawa, Ontario
$1,512,000
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:56241)
- Listing ID: 1393702
- Property Type: Multi-family
- Year Built: 1962
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This REALTOR.ca listing content is owned and licensed by REALTOR® members of the Canadian Real Estate Association. This property for sale is located at 1592 TENTH LINE ROAD in Ottawa Ontario. It was last modified on May 29th, 2024. Contact us to schedule a viewing or to discover other Ottawa real estate for sale.