
Fourplex For Sale
$899,000
MLS® Number: 10368914
Bedrooms
7
Bathrooms
4
Floor Area
3,000
Land Size
0.14
Year Built
1960
Fourplex For Sale
$899,000
Bedrooms
7
Bathrooms
4
Floor Area
3,000
Land Size
0.14
Year Built
1960
428 HILLCREST Avenue, Oliver, British Columbia
About This Property
INVESTOR ALERT! Rare 4-plex close to downtown Oliver and across from beautiful parks & walking trails. Great investment opportunity with 4 legal income-generating suites in a solid, well-maintained building. The property includes 3 units each with 2 bedrooms and 1 bath, and 1 unit with 1 bedroom/1 bath. Each unit has their own laundry & hot water tank (approx.6 yrs old). The building went through a major renovation in 2022 to bring everything to code including soundproof & fireproof walls & ceilings, fire rated doors, smoke detectors, etc. Unit 2 is currently vacant and has been refreshed with new flooring, window coverings, paint & appliances. All units have updated bathrooms & newer flooring in two other units. Cute, covered porches have had their decks, railing & stairs replaced with treated wood. Shared, secure storage area. Lots of parking available. Low maintenance landscaping. Good month-to-month tenants in place with room to increase rents to market levels if vacated. 3 units are tenanted, one is vacant. Live in one unit and rent out the others or keep it fully rented for maximum return. Great location and walking distance to shops, schools, groceries, restaurants, recreation and town amenities. Inquire for more details on this rare investment opportunity in the heart of Oliver!
Property Details
Interior Details
Appliances
Washer, Refrigerator, Range, Dryer
Basement
Full
Bathrooms Partial
0
Bathrooms Total
4
Bedrooms Total
7
Cooling
See Remarks
Heating
Baseboard heaters, Electric
Living Area
3000 sqft
Building & Exterior
Exterior Features
Stucco
Parking Features
Other, Additional Parking
Stories
2.0
Year Built
1960
Land & Location
City Region
Oliver
Lot Size Area
0.14 acres
Lot Size Dimensions
0.14
Parcel Number
012-868-558
Postal Code
V0H1T0
Listing & Financials
Listing Office
RE/MAX Wine Capital Realty
Originating System Name
Association of Interior REALTORS®
Other Specifications
Common Interest
Freehold
Country
Canada
Parking Total
6
Listed By
RE/MAX Wine Capital Realty
Mortgage Calculator
Estimated Monthly Payment
$4,417
Principal and interest only. Actual rates may vary.
Mortgage Calculator
Estimated Monthly Payment
$4,417
Principal and interest only. Actual rates may vary.