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586 SCHOOL Avenue - MLS® # 10309252

Property Details


List Price
$597,000
Living Area
0 sqft.
Bedrooms
N/A
Bathrooms
N/A
Lot Size Area
0.14 ac|under 1 acre
Taxes
N/A
Type
Residential Commercial Mix
Style
N/A
Basement
Year Built
N/A

Description

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:2469)

Features

Level lot, Corner Site

Amenities

Recreation, Schools, Shopping

Listing Provided By

RE/MAX Penticton Realty

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 Real Estate Listing provided by
  • Jennifer Brock
  • 250.446.2288
  • 250.689.6800
  • 250.495.2606
  • soldbybrock@gmail.com
  • Royal LePage Desert Oasis Realty Ltd.
  • Box 1048 - 8512 Main Street
  • Osoyoos, BC
  • V0H 1V0