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:58301)
| MLS® Number | 10384891 |
| Property Type | Single Family |
| Neigbourhood | Oliver |
| Amenities Near By | Park, Recreation, Schools, Shopping |
| Parking Space Total | 6 |
| View Type | Mountain View |
| Bathroom Total | 4 |
| Bedrooms Total | 7 |
| Appliances | Range, Refrigerator, Dryer, Washer |
| Basement Type | Full |
| Constructed Date | 1960 |
| Cooling Type | See Remarks |
| Exterior Finish | Stucco |
| Heating Fuel | Electric |
| Heating Type | Baseboard Heaters |
| Roof Material | Asphalt Shingle |
| Roof Style | Unknown |
| Stories Total | 2 |
| Size Interior | 3,000 Sqft |
| Type | Fourplex |
| Utility Water | Municipal Water |
| Additional Parking | |
| Other |
| Acreage | No |
| Land Amenities | Park, Recreation, Schools, Shopping |
| 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 |
| Level | Type | Length | Width | Dimensions |
|---|---|---|---|---|
| Second Level | Dining Room | 11'4'' x 8'2'' | ||
| Second Level | Kitchen | 11'4'' x 8' | ||
| Second Level | 4pc Bathroom | 7'7'' x 5' | ||
| Second Level | Bedroom | 12'5'' x 8'8'' | ||
| Second Level | Primary Bedroom | 11'11'' x 11'6'' | ||
| Second Level | Living Room | 20'2'' x 16'4'' | ||
| Third Level | Kitchen | 13'6'' x 8'10'' | ||
| Third Level | 4pc Bathroom | Measurements not available | ||
| Third Level | Laundry Room | 6'8'' x 5'7'' | ||
| Third Level | Bedroom | 10' x 10' | ||
| Third Level | Bedroom | 10' x 10' | ||
| Third Level | Living Room | 17'6'' x 12'4'' | ||
| Fourth Level | 4pc Bathroom | Measurements not available | ||
| Fourth Level | Laundry Room | 6'8'' x 5'7'' | ||
| Fourth Level | Bedroom | 10' x 10' | ||
| Fourth Level | Living Room | 16' x 10'10'' | ||
| Fourth Level | Kitchen | 11'9'' x 7'8'' | ||
| Main Level | Kitchen | 12'3'' x 11'3'' | ||
| Main Level | 4pc Bathroom | Measurements not available | ||
| Main Level | Bedroom | 11'8'' x 11'7'' | ||
| Main Level | Bedroom | 12'2'' x 11'9'' | ||
| Main Level | Living Room | 16'8'' x 11'8'' |
https://www.realtor.ca/real-estate/29662147/428-hillcrest-avenue-oliver-oliver
Contact us for more information
Sonia Mason
Personal Real Estate Corporation
(250) 498-6500
(250) 498-6504
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