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:56537)
Contact Don Rae 250-864-7337 the experienced condo specialist that knows Single Family. Outside the Okanagan? Call toll free 1-877-700-6688
Amenities Nearby : Schools, Ski area
Access : -
Appliances Inc : Range, Refrigerator, Dishwasher, Dryer, Microwave, Washer
Community Features : -
Features : Corner Site
Structures : -
Total Parking Spaces : 1
View : -
Waterfront : -
Architecture Style : Ranch
Bathrooms (Partial) : 0
Cooling : See Remarks
Fire Protection : -
Fireplace Fuel : -
Fireplace Type : -
Floor Space : -
Flooring : -
Foundation Type : -
Heating Fuel : Electric
Heating Type : Forced air, Other, See remarks
Roof Style : Unknown
Roofing Material : Asphalt shingle
Sewer : Municipal sewage system
Utility Water : Municipal water
Living room
: 13'3'' x 13'10''
Kitchen
: 1'0'' x 213'0''
Dining room
: 10'11'' x 8'9''
Primary Bedroom
: 10'6'' x 8'0''
Bedroom
: 8'11'' x 13'3''
4pc Bathroom
: Measurements not available
