Area: British Columbia
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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:44056)

Property Details

Full Address:
591 CHURCH Avenue, Oliver, British Columbia
Price:
$ 560,000
MLS Number:
10333499
List Date:
January 27th, 2025
Lot Size:
0.14 ac
Year Built:
1942
Taxes:
$ 2,536

Interior Features

Bedrooms:
2
Bathrooms:
1
Appliances:
Washer, Refrigerator, Dishwasher, Range, Dryer, Microwave
Air Conditioning:
See Remarks
Heating:
Forced air, Electric, See remarks, Other
Basement:
Partial

Building Features

Architectural Style:
Ranch
Storeys:
1
Sewer:
Municipal sewage system
Water:
Municipal water
Roof:
Asphalt shingle, Unknown
Zoning:
Unknown
Exterior:
Stucco
Garage:
Other, See Remarks
Garage Spaces:
1
Ownership Type:
Freehold
Taxes:
$ 2,536

Floors

Finished Area:
828 sq.ft.

Land

Lot Size:
0.14 ac

Neighbourhood Features

Ratings

Commercial Info

Neighbourhood Details

Location

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Amar Kahlon Personal Real Estate Corporation RE/MAX Penticton Realty
 250-809-0968
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Listing Agent(s)

Listing: Amar Kahlon
RE/MAX Penticton Realty
Co-Listing: Harleen Lit
Homelife Benchmark Titus Realty

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