7 Bedroom
4 Bathroom
3000 sqft
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:52811)
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
|
3000 Sqft |
|
Type
|
Fourplex |
|
Utility Water
|
Municipal Water |
Parking
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 |
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