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1118 Erickson Street, Creston

MLS® #10386440
About this Property

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:62865)

Property Information

Status

Active

Year Built

1976

Property Type

Multi-Family

Ownership

Freehold

Annual Tax

$7,753

Parcel Number

007-401-086

Data Source

Association of Interior REALTORS®

Interior Details

Living Area

0 square feet

Exterior & Lot

Lot Size

0.26 acres

Lot Features

Level lot

Exterior Features

StuccoVinyl siding
Building & Utilities

Roof

Asphalt shingle,Unknown

Heating

Baseboard heaters

Water Source

Municipal water

Sewer

Municipal sewage system

$989,000

For immediate assistance, contact:

Joe Manhas

Personal Real Estate Corporation

604-720-0438
0sqft
Listing Courtesy of

Office

Stonehaus Realty (Kelowna)

Mortgage Calculator
$197,800

Loan Amount:

$791,200

Estimated Monthly Payment:

$3,856

This is an estimate for informational purposes only. Consult with a financial advisor.