586 School Avenue Oliver, British Columbia V0H 1T0
$560,000
Introducing an excellent real estate development opportunity: an 8-unit property in Oliver, contingent on the joint sale of both properties( 586 School and 591 Church Street). 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:59116)
Property Details
| MLS® Number | 10333496 |
| Property Type | Single Family |
| Neigbourhood | Oliver |
| AmenitiesNearBy | Recreation, Schools, Shopping |
| Features | Level Lot, Corner Site |
| ParkingSpaceTotal | 1 |
Building
| BathroomTotal | 1 |
| BedroomsTotal | 2 |
| Appliances | Range, Refrigerator, Dryer, Microwave, Washer |
| ArchitecturalStyle | Ranch |
| BasementType | Full |
| ConstructedDate | 1951 |
| ConstructionStyleAttachment | Detached |
| CoolingType | See Remarks |
| ExteriorFinish | Vinyl Siding |
| HeatingType | Forced Air, Other, See Remarks |
| RoofMaterial | Asphalt Shingle |
| RoofStyle | Unknown |
| StoriesTotal | 1 |
| SizeInterior | 1054 Sqft |
| Type | House |
| UtilityWater | Municipal Water |
Parking
| See Remarks | |
| Other |
Land
| AccessType | Easy Access |
| Acreage | No |
| LandAmenities | Recreation, Schools, Shopping |
| LandscapeFeatures | Level |
| Sewer | Municipal Sewage System |
| SizeIrregular | 0.14 |
| SizeTotal | 0.14 Ac|under 1 Acre |
| SizeTotalText | 0.14 Ac|under 1 Acre |
| ZoningType | Unknown |
Rooms
| Level | Type | Length | Width | Dimensions |
|---|---|---|---|---|
| Main Level | Living Room | 18'3'' x 13'8'' | ||
| Main Level | Kitchen | 13'8'' x 13'5'' | ||
| Main Level | Den | 9'3'' x 8'0'' | ||
| Main Level | Bedroom | 10'11'' x 7'7'' | ||
| Main Level | Primary Bedroom | 12'1'' x 10'9'' | ||
| Main Level | 4pc Bathroom | Measurements not available |
https://www.realtor.ca/real-estate/27854782/586-school-avenue-oliver-oliver
Interested?
Contact us for more information
Amar Kahlon
Personal Real Estate Corporation
302 Eckhardt Avenue West
Penticton, British Columbia V2A 2A9
Harleen Lit
105 - 5477 152 Street
Surrey, British Columbia V3S 5A5
Ikjot Kahlon
302 Eckhardt Avenue West
Penticton, British Columbia V2A 2A9
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January 29 2025 07:48:14
Okanagan-Mainline Real Estate Board
RE/MAX Penticton Realty, Homelife Benchmark Titus Realty
