1118 Erickson Street, Creston
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)
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®
Living Area
0 square feet
Lot Size
0.26 acres
Lot Features
Exterior Features
Roof
Asphalt shingle,Unknown
Heating
Baseboard heaters
Water Source
Municipal water
Sewer
Municipal sewage system
$989,000
Office
Stonehaus Realty (Kelowna)
Loan Amount:
$791,200
Estimated Monthly Payment:
$3,856
This is an estimate for informational purposes only. Consult with a financial advisor.
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