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MLS: 10384891

428 HILLCREST Avenue

3000 sqft

7 Bedrooms

4 Bathrooms

$849,000

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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:6770)




Investment Opportunities 3+ bedrooms 4+ bedrooms 5+ bedrooms Single Family Home < 1 Acre New
Listed by Sonia Mason
RE/MAX Wine Capital Realty

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Overview

  • Price $849,000
  • MLS # 10384891
  • Age 1960
  • Stories 2
  • Size 3000 sqft
  • Bedrooms 7
  • Bathrooms 4
  • Exterior Stucco
  • Cooling See Remarks
  • Appliances Range, Refrigerator, Drye
  • Water Municipal water
  • Sewer Municipal sewage system
  • Listing Agent Sonia Mason
  • Listing Office RE/MAX Wine Capital Realty
  • View Mountain view

Contact an agent for more information or to set up a viewing.

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