428 HILLCREST Ave, Oliver, BC V0H1T0

Beds
7
Baths
4
Sqft
130,680,000

View property features, location on map, relevant school information and overview from seller's agent.

Listed byRE/MAX Wine Capital Realty
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Overview

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:58180)

Location

Full feature list

Basic info

Property type
House
Number of stories
2
Number of bedrooms
7
Number of bathrooms
4
Square feet
130,680,000
Lot size (acres)
0.14
Year built
1960

Interior features

Basement
Yes

Utilities

Heating
Electric
Sewer
Septic System
Water
Water

Taxes

Tax Annual Amount
$3,756

Public schools

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Sourced from: Canadian Real Estate Association MLS®#: 10384891 Last checked:

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