428 HILLCREST Avenue, Oliver, British Columbia V0H1T0
Listing courtesy of RE/MAX Wine Capital Realty.
- $849,000
- 7
- BD
- 4
- BA
- 3,000
- SqFt
- List Price
- $849,000
- MLS®
- 10384891
- Status
- ACTIVE
- Type
- Single Family Residential
- Subtype
- Single Family
- Bedrooms
- 7
- Bathrooms
- 4
- Living Area
- 3,000
- Lot Size Dimensions
- 0.14
- Lot Size
- 6,098
- Subdivision
- Oliver
Property Description
INVESTOR ALERT! Rare FOURPLEX ideally located close to downtown Oliver and directly across from beautiful parks & walking trails. This solid, well-maintained building offers 4 legal income-generating suites, an excellent opportunity for both seasoned and entry-level investors. The property features 3 units with 2 beds/1 bath and 1 unit with 1 bed/1 bath. Each suite is equipped with its own laundry and hot water tank (approx. 6 years old), providing convenience for tenants and ease of management. Extensively renovated in 2022, the building was brought fully up to code with major upgrades including soundproof and fire-rated walls & ceilings, fire-rated doors, smoke detectors and more. Unit 2 has been recently refreshed with new flooring, window coverings, paint & appliances. All units offer updated bathrooms, with newer flooring in all but one unit. Charming covered porches have been upgraded with treated wood decking, new railings & stairs. A shared, secure storage area adds further functionality. Two units have new tenants coming in at market rent, with total revenue of $4,794/month and potential for further upside. Ample on-site parking and low-maintenance landscaping complete the package. Unbeatable location within walking distance to shops, schools, groceries, restaurants, recreation and all town amenities. A rare opportunity to secure a turn-key investment in the heart of Oliver. Contact listing agent for full details! (id:5764)
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Additional Information
- Ownership
- Freehold
- View
- Mountain view
- Subdivision
- Oliver
- Parking Spaces
- 6
- Cooling
- See Remarks
- Country
- Canada
- Sewer
- Municipal sewage system
- Roof
- Asphalt shingle, Unknown
- Heating
- Baseboard heaters, Electric
- Stories
- 2
- Lot Size
- 6,098
- Exterior Features
- Stucco
