501 16th Avenue S Creston, British Columbia V0B 1G0
$1,799,000
Well-maintained 11-unit multi-family property in Creston offering a strong combination of cash flow and long-term upside. The property features a highly desirable unit mix with 1, 2, 3, and 4-bedroom layouts, including a granny suite with a basement, appealing to a broad range of tenants and helping reduce vacancy risk. Each unit is designed for practical, long-term living, with its own private storage shed and dedicated garden bed space—features that consistently attract and retain tenants. Several units offer wheelchair accessibility, further expanding the tenant pool. The property includes a shared courtyard area with a gazebo, providing a central outdoor space for tenants while maintaining privacy between buildings. Ample on-site parking and easy access add to the overall functionality. Conveniently located close to Creston amenities, this is a rare opportunity to acquire a multi-unit property with strong income potential, diverse unit mix, and long-term investment appeal in a tight market. (id:49650)
Property Details
| MLS® Number | 10381799 |
| Property Type | Multi-family |
| Neigbourhood | Creston |
Building
| Constructed Date | 2010 |
| Cooling Type | Heat Pump |
| Exterior Finish | Other |
| Fire Protection | Smoke Detector Only |
| Flooring Type | Carpeted, Linoleum |
| Heating Fuel | Electric |
| Heating Type | Forced Air |
| Roof Material | Asphalt Shingle |
| Roof Style | Unknown |
| Type | Multi-family |
| Utility Water | Municipal Water |
Land
| Acreage | No |
| Sewer | Municipal Sewage System |
| Size Irregular | 0.85 |
| Size Total | 0.85 Ac|under 1 Acre |
| Size Total Text | 0.85 Ac|under 1 Acre |
https://www.realtor.ca/real-estate/29553197/501-16th-avenue-s-creston-creston
Interested?
Contact us for more information
Peter Martin
Personal Real Estate Corporation
www.crestonproperties.com/
1408 Canyon Street, Po Box 137
Creston, British Columbia V0B 1G0
(250) 428-8211
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