6637 Bank Street, Ottawa
6637 Bank Street, Ottawa
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15 Photos
- MLS®: 1375847
- Type: Lots and Land
- Added: 80 days ago
Property Details
EXCEPTIONAL SPACE & VALUE!!! A unique investment opportunity awaits in this booming rural setting. Property BEING SOLD FOR LAND VALUE ONLY: 5.39 Acres of Rural Commercial (RC) zoned land with 167 feet of frontage on Prime Bank Street. Currently, 11 income-producing residential units (1 single 3 bed house & 10 Bachelor Apartments) are rented below market rents. This is perfect for adding more units while increasing current rental income, operating a business, utilizing the land as storage, or even simply banking the land & waiting for it's value to increase over time. This is an incredible opportunity for developers to redevelop while collecting rent during the planning stage. Viewing of units available post-offer acceptance. Soil is assumed to be free of hazardous substances; buyer due diligence is required. Rent rolls and expense statements are available upon request. This A+ rural location holds abundant commercial potential; don't miss out! (id:1945)
Property Information
- Sewer: Septic System
- List AOR: Ottawa
- Tax Year: 2023
- Photos Count: 15
- Water Source: Drilled Well
- Lot Size Units: acres
- Parcel Number: 043200171
- Common Interest: Freehold
- Tax Annual Amount: 9997
- Lot Size Dimensions: 5.39
- Zoning Description: RC
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