Don Rae Realtor


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  • 428 HILLCREST Avenue Oliver V0H1T0

    Price : $849,000 Listing ID : 10384891
    7 Bedrooms 4 Bathrooms
    Property Type : Single Family Building Type : Fourplex
    Title : Freehold Finished Area : 3000 sqft
    Built in : 1960 Total Parking Spaces : 6
    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:56537)

    Call (250)-864-7337 for showing information.
    Details
    Amenities Nearby : Park, Recreation, Schools, Shopping Access : - Appliances Inc : Range, Refrigerator, Dryer, Washer
    Community Features : - Features : - Structures : -
    Total Parking Spaces : 6 View : Mountain view Waterfront : -
    Zoning Type : -
    Building
    Architecture Style : - Bathrooms (Partial) : 0 Cooling : See Remarks
    Fire Protection : - Fireplace Fuel : - Fireplace Type : -
    Floor Space : - Flooring : - Foundation Type : -
    Heating Fuel : Electric Heating Type : Baseboard heaters Roof Style : Unknown
    Roofing Material : Asphalt shingle Sewer : Municipal sewage system Utility Water : Municipal water
    Basement
    Type : Full Development : - Features : -
    Land
    Landscape Features : -
    Rooms
    Level : Type : Dimensions :
    Fourth level 4pc Bathroom Measurements not available
    Bedroom 10' x 10'
    Kitchen 11'9'' x 7'8''
    Laundry room 6'8'' x 5'7''
    Living room 16' x 10'10''
    Main level 4pc Bathroom Measurements not available
    Bedroom 11'8'' x 11'7''
    Bedroom 12'2'' x 11'9''
    Kitchen 12'3'' x 11'3''
    Living room 16'8'' x 11'8''
    Second level 4pc Bathroom 7'7'' x 5'
    Bedroom 12'5'' x 8'8''
    Dining room 11'4'' x 8'2''
    Kitchen 11'4'' x 8'
    Living room 20'2'' x 16'4''
    Primary Bedroom 11'11'' x 11'6''
    Third level 4pc Bathroom Measurements not available
    Bedroom 10' x 10'
    Kitchen 13'6'' x 8'10''
    Laundry room 6'8'' x 5'7''
    Living room 17'6'' x 12'4''
    Data from sources believed reliable but should not be relied upon without verification. All measurements are approximate.MLS®, Multiple Listing Service®, and all related graphics are trademarks of The Canadian Real Estate Association. REALTOR®, REALTORS®, and all related graphics are trademarks of REALTOR® Canada Inc. a corporation owned by The Canadian Real Estate Association and the National Association of REALTORS® .Copyright © 2023 Don Rae REALTOR® Not intended to solicit properties currently under contract.