586 SCHOOL Avenue Active Save Request In-Person Tour Request Virtual Tour
Oliver,BC V0H1T0
Key Details
Property Type Single Family Home
Sub Type Freehold
Listing Status Active
Purchase Type For Sale
Square Footage 1,054 sqft
Price per Sqft $531
Subdivision Oliver
MLS Listing ID 10333496
Style Ranch
Bedrooms 2
Originating Board Association of Interior REALTORS®
Year Built 1951
Lot Size 6,098 Sqft
Acres 6098.4
Property Sub-Type Freehold
Property Description
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:24570)
Location
Province BC
Zoning Unknown
Rooms
Extra Room 1 Main level 18'3'' x 13'8'' Living room
Extra Room 2 Main level 13'8'' x 13'5'' Kitchen
Extra Room 3 Main level 9'3'' x 8'0'' Den
Extra Room 4 Main level 10'11'' x 7'7'' Bedroom
Extra Room 5 Main level 12'1'' x 10'9'' Primary Bedroom
Extra Room 6 Main level Measurements not available 4pc Bathroom
Interior
Heating Forced air,Other,See remarks
Cooling See Remarks
Exterior
Parking Features No
View Y/N No
Roof Type Unknown
Total Parking Spaces 1
Private Pool No
Building
Lot Description Level
Story 1
Sewer Municipal sewage system
Architectural Style Ranch
Others
Ownership Freehold