- ©MLS 10384891
- Area 3000 sq ft
- Bedrooms 7
- Bathrooms 4
- Parkings 6
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:48970) Show More
Details
- Constructed Date: 1960
- Property Type: Single Family
- Type: Fourplex
- Neighbourhood: Oliver
Ammenities + Nearby
- Park
- Recreation
- Schools
- Shopping
- Park
- Recreation
- Schools
- Shopping
Features
- Mountain view
- Range
- Refrigerator
- Dryer
- Washer
- See Remarks
- Baseboard heaters
Rooms Details For 428 HILLCREST Avenue
| Type | Level | Dimension |
|---|---|---|
| Dining room | Second level | 11'4'' x 8'2'' |
| Kitchen | Second level | 11'4'' x 8' |
| 4pc Bathroom | Second level | 7'7'' x 5' |
| Bedroom | Second level | 12'5'' x 8'8'' |
| Primary Bedroom | Second level | 11'11'' x 11'6'' |
| Living room | Second level | 20'2'' x 16'4'' |
| Kitchen | Third level | 13'6'' x 8'10'' |
| 4pc Bathroom | Third level | Measurements not available |
| Laundry room | Third level | 6'8'' x 5'7'' |
| Bedroom | Third level | 10' x 10' |
| Bedroom | Third level | 10' x 10' |
| Living room | Third level | 17'6'' x 12'4'' |
| 4pc Bathroom | Fourth level | Measurements not available |
| Laundry room | Fourth level | 6'8'' x 5'7'' |
| Bedroom | Fourth level | 10' x 10' |
| Living room | Fourth level | 16' x 10'10'' |
| Kitchen | Fourth level | 11'9'' x 7'8'' |
| Kitchen | Main level | 12'3'' x 11'3'' |
| 4pc Bathroom | Main level | Measurements not available |
| Bedroom | Main level | 11'8'' x 11'7'' |
| Bedroom | Main level | 12'2'' x 11'9'' |
| Living room | Main level | 16'8'' x 11'8'' |
Location
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Data provided by: Okanagan-Mainline Real Estate Board