3000 sqft Single Family Fourplex
428 HILLCREST Avenue, Oliver

$849,000

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)

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  • Price $849,000
  • Age 1960
  • Land Size 0.1 Acres
  • Stories 2
  • Size 3000 sqft
  • Bedrooms 7
  • Bathrooms 4
  • Additional Parking Spaces
  • Other Spaces
  • Exterior Stucco
  • Cooling See Remarks
  • Appliances Range, Refrigerator, Dryer, Washer
  • Water Municipal water
  • Sewer Municipal sewage system
  • View Mountain view
  • Fourth level

  • 4pc BathroomMeasurements not available
  • Laundry room6'8'' x 5'7''
  • Bedroom10' x 10'
  • Living room16' x 10'10''
  • Kitchen11'9'' x 7'8''
  • Main level

  • Kitchen12'3'' x 11'3''
  • 4pc BathroomMeasurements not available
  • Bedroom11'8'' x 11'7''
  • Bedroom12'2'' x 11'9''
  • Living room16'8'' x 11'8''
  • Second level

  • Dining room11'4'' x 8'2''
  • Kitchen11'4'' x 8'
  • 4pc Bathroom7'7'' x 5'
  • Bedroom12'5'' x 8'8''
  • Primary Bedroom11'11'' x 11'6''
  • Living room20'2'' x 16'4''
  • Third level

  • Kitchen13'6'' x 8'10''
  • 4pc BathroomMeasurements not available
  • Laundry room6'8'' x 5'7''
  • Bedroom10' x 10'
  • Bedroom10' x 10'
  • Living room17'6'' x 12'4''