428 HILLCREST AVENUE

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$899,000
428 HILLCREST AVENUE
Oliver, British Columbia V0H1T0
MLS® Number: 10368914
7Beds
4Baths
3,000Sq Ft
6Parking
1960Year Built
Single FamilyType

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! (id:64973)

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Property Details

Bedrooms7
Bathrooms4
Living Area3,000 sq ft
Lot Size0.14 (0 acres)
Year Built1960
Property TypeSingle Family
Parking6
HeatingBaseboard heaters, Electric
CoolingSee Remarks
AppliancesWasher, Refrigerator, Range, Dryer
Annual Taxes$3,756
CityOliver
Postal CodeV0H1T0
MLS® #10368914

Location

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