44
$849,000 Sale
Listed 168 days ago
428 HILLCREST Avenue
· 7
· 4.0
· 6
· 3000
Key Facts
Key facts for 428 HILLCREST Avenue
Property Type
Apartment
Parking
Garage: No, 6 parking
MLS #
10384891
Size
3000 sqft
Basement
Full
Listed on
-
Lot size
-
Tax
-
Days on Market
-
Year Built
1960
Maintenance Fee
-
Description
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:10452)
Room Types
4pc Bathroom
-
Dimensions 5' x 7'7''
37.92 sqft
4pc Bathroom
-
Measurements not available
0 sqft
Bedroom
-
Dimensions 10' x 10'
100 sqft
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Listing courtesy of: RE/MAX Wine Capital Realty
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