586 School AvenueOliverBritish ColumbiaV0H1T0

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:35966)

Listing Details

Property Details

Full Address:
586 SCHOOL Avenue, Oliver, British Columbia
Price:
$ 597,000
MLS Number:
10309252
List Date:
April 8th, 2024
Neighbourhood:
Oliver
Lot Size:
0.14 ac

Interior Features

Air Conditioning:
See Remarks
Heating:
Forced air, See remarks, Other

Building Features

Sewer:
Municipal sewage system
Water:
Municipal water
Roof:
Asphalt shingle, Unknown
Zoning:
Unknown
Exterior:
Vinyl siding
Garage:
Other, See Remarks
Garage Spaces:
1

Floors

Land

Lot Size:
0.14 ac
Current Use:
Mixed use

Neighbourhood Features

Ratings

Commercial Info

Location

Neighbourhood Details