586 SCHOOL Avenue, Oliver, British Columbia, V0H 1T0

$597,000

MLS® # 10306768

House For Sale In Oliver, British Columbia

$597,000

  • 2

    Bedrooms

  • 1

    Bath

  • 1

    Parking Spaces

Property Information:

Introducing an exclusive real estate development opportunity: an 8-unit property in Oliver, contingent on the joint sale of both properties. The development permit is ready for immediate acquisition, requiring the buyer to apply for the building permit to commence the project. This development encompasses four units on each of the paired properties at 586 School Ave and 491 Church Ave. These two-story units, spanning approximately 1150 sqft each, 3-bedroom configurations. Situated within walking distance to the school and various amenities, the location is ideal for families. Both houses are presently tenanted, generating a monthly rental income of nearly $3000, plus utilities, ensuring a steady cash flow during the period of awaiting the building permit. (id:27)

Building Features:

  • Style: Detached
  • Building Type: House
  • Architectural Style: Rancher
  • Basement Type: Full
  • Construction Style - Attachment: Detached
  • Exterior Finish: Vinyl siding
  • Floor Space: 1054 Square Feet
  • Roof Material: Asphalt shingle
  • Roof Style: Unknown
  • Heating Type: Forced air, Other
  • Cooling Type:
  • Appliances: Range, Refrigerator, Dryer, Microwave, Washer

Property Features:

  • OwnershipType: Freehold
  • Property Type: Single Family
  • Bedrooms: 2
  • Bathrooms: 1
  • Access Type: Easy access
  • Amenities Nearby: Recreation, Schools, Shopping
  • Built in: 1951
  • Features: Level lot, Corner Site
  • Floor Space (approx): 1054.00 Square Feet
  • Landscape Features:
  • Zoning Type: Unknown
  • Sewer: Municipal sewage system
  • Parking Type: See Remarks, Other
  • No. of Parking Spaces: 1

Rooms:

  • Living Main Level 18'3'' x 13'8''
  • Kitchen Main Level 13'8'' x 13'5''
  • Den Main Level 9'3'' x 8'0''
  • Bedroom Main Level 10'11'' x 7'7''
  • Primary Bedroom Main Level 12'1'' x 10'9''
  • Bathroom Main Level Measurements not available

Courtesy of: RE/MAX Penticton Realty, Homelife Benchmark Titus Realty

This listing content provided by REALTOR.ca has been licensed by REALTOR® members of The Canadian Real Estate Association.

This listing content provided by REALTOR.ca has been licensed by REALTOR® members of The Canadian Real Estate Association.

Additional Photos