Welcome to 1118 Erickson Street! A fantastic chance to own a multifamily 6-plex situated on a spacious 0.25 acre lot in the heart of beautiful Creston! Whether you’re looking to expand your investment portfolio, live in one unit while generating income from the others, or self-manage a cash-flowing property, this one checks the boxes. This well-maintained building features shared laundry, on-site parking, and approximately $6,500/month in rental income (currently confirming latest tenancy agreements). Opportunities like this are hard to find in a market like Creston, which has historically maintained an extremely low vacancy rate. Located in a convenient area close to shopping, schools, restaurants, parks, and everyday amenities, tenants love the accessibility and small-town lifestyle Creston offers. (id:4069)
Address
1118 Erickson Street
List Price
$899,000
Property Type
Multi-family
Type of Dwelling
Multi-Family
Transaction Type
Sale
Area
British Columbia
Sub-Area
Creston
Lot Size
0.26 Ac.
Year Built
1976
MLS® Number
10404738
Listing Brokerage
Stonehaus Realty Corp.
Postal Code
V0B1G0
Ownership
Freehold
Site Influences
Golf Nearby, Park, Recreation
Features
Level lot
Heat Type
Baseboard heaters
Water Source
Municipal water
Sewer
Municipal sewage system
