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Chelsea Mann

[email protected] +1(250) 852-0977

$ 560,000

Est. payment -/mo

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Active

586 SCHOOL Avenue Oliver, BC V0H1T0

2 Beds

1 Bath

1,054 SqFt

UPDATED:

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

Listed by RE/MAX Penticton Realty

Chelsea Mann

Advisor | License ID: 2196

+1(250) 852-0977

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