6637 Bank Street, Ottawa
- Type: Lots and Land
- Added: 69 days ago
- Updated: 14 days ago
- Last Checked: 21 hours ago
EXCEPTIONAL VALUE & OPPORTUNITY! This property offers 5.73 acres of Rural Commercial (RC) zoned land with 167 feet of prime frontage on Bank Street. Currently generating income from 10 residential units (1 x 3-bedroom house and 9 bachelor apartments), all rented below market value. Ideal for adding more units, increasing rental income, operating a business, or utilizing the land for storage. The land value alone presents a solid investment, allowing you to bank on future appreciation. Developers can redevelop while collecting rent during planning stages. Post-offer unit viewings are available. Buyer to conduct due diligence on environmental. Rent rolls and expense statements are available on request. Don’t miss this rare opportunity in a booming rural setting with huge commercial potential! (id:1945)
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More Details and Features
Exterior & Lot FeaturesLearn about the exterior and lot specifics of 6637 Bank Street
- Water Source: Drilled Well
- Lot Size Units: acres
- Lot Size Dimensions: 5.73
Location & CommunityUnderstand the neighborhood and community
- Common Interest: Freehold
Utilities & SystemsReview utilities and system installations
- Sewer: Septic System
Tax & Legal InformationGet tax and legal details applicable to 6637 Bank Street
- Tax Year: 2024
- Parcel Number: 043200171
- Tax Annual Amount: 10269
- Zoning Description: RC
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Nearby Listings Stat
Active listings
8
Min Price
$499,000
Max Price
$1,875,000
Avg Price
$1,320,988
Days on Market
84 days
Sold listings
2
Min Sold Price
$589,900
Max Sold Price
$958,888
Avg Sold Price
$774,394
Days until Sold
64 days
