586 School Avenue, Oliver, British Columbia

$597,000

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2

Beds

1

Bath

1,054

Square feet

0.14

Acres

About 586 School Avenue

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:6289)

Features of 586 School Avenue

Listing # 10306768
Price $597,000
Bedrooms 2
Bathrooms 1.00
Square Footage 1,054
Acres 0.14
Year Built 1951
Type Single Family
Sub-Type Freehold
Style Ranch

Community Information

Address 586 School Avenue
Subdivision Oliver
City Oliver
Province British Columbia
Postal Code V0H1T0

Amenities

Amenities Recreation, Schools, Shopping
Features Level lot, Corner Site
Parking Spaces 1
Parking Other, See Remarks
Is Waterfront No
Has Pool No

Interior

Appliances Range, Refrigerator, Dryer, Microwave, Washer
Heating Forced air, Other, See remarks
Cooling See Remarks
Fireplace No
# of Stories 1
Has Basement No

Exterior

Exterior Vinyl siding
Exterior Features Level
Roof Asphalt shingle

Additional Information

Zoning Unknown

Listing Details

OfficeRE/MAX Penticton Realty

Listing Map

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