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:44056)

Property Details

Full Address:
428 HILLCREST Avenue, Oliver, British Columbia
Price:
$ 849,000
MLS Number:
10384891
List Date:
April 27th, 2026
Lot Size:
0.14 ac
Year Built:
1960
Taxes:
$ 4,318

Interior Features

Bedrooms:
7
Bathrooms:
4
Total Rooms:
Appliances:
Washer, Refrigerator, Range, Dryer
Air Conditioning:
See Remarks
Heating:
Baseboard heaters, Electric
Basement:
Full

Building Features

Storeys:
2
Sewer:
Municipal sewage system
Water:
Municipal water
Roof:
Asphalt shingle, Unknown
Exterior:
Stucco
Garage:
Other, Additional Parking
Garage Spaces:
6
Ownership Type:
Freehold
Taxes:
$ 4,318

Floors

Finished Area:
3000 sq.ft.

Land

View:
Mountain view
Lot Size:
0.14 ac

Neighbourhood Features

Ratings

Commercial Info

Neighbourhood Details

Location

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Sonia Mason Personal Real Estate Corporation RE/MAX Wine Capital Realty
250-498-7089
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Listing Agent(s)

Lead Agent: Sonia Mason
Office: RE/MAX Wine Capital Realty
Originating Board: Association of Interior REALTORS®

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