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:41613)

Full Address:
591 CHURCH Avenue, Oliver, British Columbia
Price:
$ 597,000
MLS Number:
10309253
List Date:
April 8th, 2024
Neighbourhood:
Oliver
Lot Size:
0.14 ac

Property Specifications

Air Conditioning:
See Remarks
Heating:
Forced air, Electric, See remarks, Other

Interior Features

Sewer:
Municipal sewage system
Water:
Municipal water
Roof:
Asphalt shingle, Unknown
Zoning:
Unknown
Exterior:
Stucco
Garage:
Other, See Remarks
Garage Spaces:
1

Building Features

Floors

Lot Size:
0.14 ac
Lot Features:
Corner Site
Current Use:
Mixed use

Land

Neighbourhood Features

Ratings

Commercial Info

Location

Mortgage Calculator

Neighbourhood Details

Agent: Amar KahlonBrokerage: Homelife Benchmark Titus Realty Phone: 250-809-0968

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