New ListingWelcome 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:13843)
| MLS # | 10404738 |
|---|---|
| Listing Type | For Sale |
| Status | Active |
| Year | 1976 |
| Days On Site | 7 |
| Listing Provided By | Stonehaus Realty Corp. | Jewan Brar |
| Acreage | 0.26 |
|---|
| Heating | Baseboard heaters |
|---|---|
| Fireplace Yes / No | No |
| Roof | Asphalt shingle, Unknown |
|---|---|
| Lot Features | Level lot |
| Parking Features | Additional Parking |
|---|
| Sewer | Municipal sewage system |
|---|---|
| Water Source | Municipal water |
| Tax Annual Amount | 9593 |
|---|
| Province | BC |
|---|---|
| City | Creston |
| Postal Code | V0B1G0 |
| Listing VS Median (in V0B1G0) | |
Price: $899,000 low | high Med: $549,000 On site: 7 low | high Med: 163 | |
| Province | BC |
|---|---|
| City | Creston |
| Postal Code | V0B1G0 |
| Listing VS Median (in V0B1G0) | |
Price: $899,000 low | high Med: $549,000 On site: 7 low | high Med: 163 | |