428 Hillcrest Avenue
Offered at: $925,000
MLS®: 10368914
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:6769)
Quick Stats
Key Home Data
4
BATH(S)
7
BED(S)
3000 Sq Ft
SQFT
YES
SHOWING AVAILABLE
Property Type:
Single Family Home Ownership:
Freehold
Payment Calculator
Calculate your monthly mortgage payment.
Mortgage Amount
$
Amortization
years
Payment Freq.
Interest Rate
%
Calculating...
All About the Details
See specific details below.
Neighbourhood Statistics
Get to know your neighbourhood.