+39 more
7
Bedrooms
4
Bathrooms
3,000 sqft
Living Area
0.14 ac
Lot
1960
Year Built
About This Property
This 7-bedroom, 4-bathroom single family in Oliver offers 3,000 sqft of living area on a 0.14 ac lot. Built in 1960, 2 storeys. The property has lot dimensions of 0.14. The home features baseboard heaters, electric heating, see remarks, a full basement. Highlights include a 6-car garage.
MLS Remarks
INVESTOR ALERT! Rare 4-plex 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 projected 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:60351)
Overview
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