586 SCHOOL Avenue

Other For Sale in Oliver, British Columbia

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:4069)
Address 586 SCHOOL Avenue
List Price $597,000
Property Type Other
Type of Dwelling Residential Commercial Mix
Area British Columbia
Sub-Area Oliver
Lot Size 0.14 Sq. Ft.
MLS® Number 10309252
Listing Brokerage RE/MAX Penticton Realty | Homelife Benchmark Titus Realty
Postal Code V0H1T0
Site Influences Recreation, Schools, Shopping
Features Level lot, Corner Site

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