2 Bedroom
1 Bathroom
1,054 ft2
Ranch
See Remarks
Forced Air, Other, See Remarks
Level
$560,000
Introducing an excellent real estate development opportunity: an 8-unit property in Oliver, contingent on the joint sale of both properties( 586 School and 591 Church Street). 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:37990)
Property Details
MLS® Number |
10333496 |
Property Type |
Single Family |
Neigbourhood |
Oliver |
Amenities Near By |
Recreation, Schools, Shopping |
Features |
Level Lot, Corner Site |
Parking Space Total |
1 |
Building
Bathroom Total |
1 |
Bedrooms Total |
2 |
Appliances |
Range, Refrigerator, Dryer, Microwave, Washer |
Architectural Style |
Ranch |
Basement Type |
Full |
Constructed Date |
1951 |
Construction Style Attachment |
Detached |
Cooling Type |
See Remarks |
Exterior Finish |
Vinyl Siding |
Heating Type |
Forced Air, Other, See Remarks |
Roof Material |
Asphalt Shingle |
Roof Style |
Unknown |
Stories Total |
1 |
Size Interior |
1,054 Ft2 |
Type |
House |
Utility Water |
Municipal Water |
Parking
Land
Access Type |
Easy Access |
Acreage |
No |
Land Amenities |
Recreation, Schools, Shopping |
Landscape Features |
Level |
Sewer |
Municipal Sewage System |
Size Irregular |
0.14 |
Size Total |
0.14 Ac|under 1 Acre |
Size Total Text |
0.14 Ac|under 1 Acre |
Zoning Type |
Unknown |
Rooms
Level | Type | Length | Width | Dimensions |
---|
Main Level |
Living Room | | |
18'3'' x 13'8'' |
Main Level |
Kitchen | | |
13'8'' x 13'5'' |
Main Level |
Den | | |
9'3'' x 8'0'' |
Main Level |
Bedroom | | |
10'11'' x 7'7'' |
Main Level |
Primary Bedroom | | |
12'1'' x 10'9'' |
Main Level |
4pc Bathroom | | |
Measurements not available |
https://www.realtor.ca/real-estate/27854782/586-school-avenue-oliver-oliver