428 Hillcrest Avenue Oliver, British Columbia V0H 1T0

7 Bedroom 4 Bathroom 3,000 ft2
See Remarks Baseboard Heaters

$849,000

INVESTOR ALERT! Rare 4-plex 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 projected revenue of $4,774/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:63869)

Property Details

MLS® Number 10384891
Property Type Single Family
Neigbourhood Oliver
Amenities Near By Park, Recreation, Schools, Shopping
Parking Space Total 6
View Type Mountain View

Building

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 Ft2
Type Fourplex
Utility Water Municipal Water

Parking

Additional Parking
Other

Land

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

Rooms

Level Type 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

Contact us for more information

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Sonia Mason
Personal Real Estate Corporation

(250) 498-7089
soniamason.com/
www.facebook.com/soniamasonremax
www.instagram.com/soniamason.realestate/

RE/MAX Wine Capital Realty
444 School Avenue, Box 220
Oliver, British Columbia V0H 1T0

(250) 498-6500
(250) 498-6504