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:50947)
| MLS® Number | 1393702 |
| Property Type | Multi-family |
| Neigbourhood | Queenswood Heights |
| Parking Space Total | 4 |
| Basement Development | Finished |
| Basement Type | Full (finished) |
| Constructed Date | 1962 |
| Construction Style Attachment | Attached |
| Cooling Type | None |
| Exterior Finish | Siding |
| Flooring Type | Laminate |
| Heating Fuel | Electric, Natural Gas |
| Heating Type | Baseboard Heaters, Forced Air |
| Stories Total | 3 |
| Type | Fourplex |
| Utility Water | Municipal Water |
| Surfaced |
| Acreage | No |
| Current Use | Development Residential |
| Sewer | Municipal Sewage System |
| Size Depth | 105 Ft ,10 In |
| Size Frontage | 150 Ft ,2 In |
| Size Irregular | 0.37 |
| Size Total | 0.37 Ac |
| Size Total Text | 0.37 Ac |
| Zoning Description | R4 |
https://www.realtor.ca/real-estate/26961434/1592-tenth-line-road-ottawa-queenswood-heights
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Edmundo Roa
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(866) 530-7737
(647) 849-3180
www.exprealty.ca
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