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:36541)
Property Details
| MLS® Number | 10333496 |
| Property Type | Single Family |
| Neigbourhood | Oliver |
| Amenities Near By | Recreation, Schools, Shopping |
| Features | Level Lot, Corner Site |
| Parking Space Total | 1 |
Building
| Bathroom Total | 1 |
| Bedrooms Total | 2 |
| Appliances | Range, Refrigerator, Dryer, Microwave, Washer |
| Architectural Style | Ranch |
| Basement Type | Full |
| Constructed Date | 1951 |
| Construction Style Attachment | Detached |
| Cooling Type | See Remarks |
| Exterior Finish | Vinyl Siding |
| Heating Type | Forced Air, Other, See Remarks |
| Roof Material | Asphalt Shingle |
| Roof Style | Unknown |
| Stories Total | 1 |
| Size Interior | 1054 Sqft |
| Type | House |
| Utility Water | Municipal Water |
Parking
| See Remarks | |
| Other |
Land
| Access Type | Easy Access |
| Acreage | No |
| Land Amenities | Recreation, Schools, Shopping |
| Landscape Features | Level |
| Sewer | Municipal Sewage System |
| Size Irregular | 0.14 |
| Size Total | 0.14 Ac|under 1 Acre |
| Size Total Text | 0.14 Ac|under 1 Acre |
| Zoning Type | 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?
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302 Eckhardt Avenue West
Penticton, British Columbia V2A 2A9
(250) 492-2266
(250) 492-3005
105 - 5477 152 Street
Surrey, British Columbia V3S 5A5
(604) 575-5262
(866) 516-5262
(604) 575-2214
www.homelifetitus.com/
302 Eckhardt Avenue West
Penticton, British Columbia V2A 2A9
(250) 492-2266
(250) 492-3005
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January 29 2025 07:48:14
Okanagan-Mainline Real Estate Board
RE/MAX Penticton Realty, Homelife Benchmark Titus Realty