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586 School Avenue Oliver, British Columbia V0H 1T0

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2 Bedroom 1 Bathroom 1054 sqft
Ranch See Remarks Forced Air, Other, See Remarks Level

$597,000

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:52811)

Property Details

MLS® Number 10306768
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 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/26617137/586-school-avenue-oliver-oliver