1118 Erickson Street

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:67197)

Price

$949,000

Property Type

Multi-family

Transaction Type

For sale

MLS® Number

10398134

Year Built

1976

Ownership Type

Freehold

Building Type

Multi-Family

Exterior Finish

Stucco, Vinyl siding

Fireplace

No

Heating

Baseboard heaters

Water

Municipal water

Year Built

1976

Size Total

0.26 ac|under 1 acre

Acreage

No

Landscape Features

Landscaped, Level

Sewer

Municipal sewage system

Amenities Nearby

Golf Nearby, Park, Recreation

• Level lot
• Golf Nearby
• Park
• Recreation

Ownership Type

Freehold