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MLS® 10377636

  • Key Facts
  • Description
  • Map

Key Facts

Type Multi Family
Levels Residential Income
Size -
Garage No
Taxes $21,388
Days Active 4
Lot Size 
Approx. Age 1980
MLS® Number 10377636

Property Address: 1909 Ash St, Creston, BC, V0B1G0

Average square foot calculated using Size range provided by listing agent.

Description

The Bungalow presents a recently repositioned 38-unit multi-family building located at 1909 Ash Street in Creston, BC. The Property has undergone meaningful improvements and operational enhancements since the owner purchased the property in 2021, now boasting +97% occupancy, healthy turnover allowing strong income growth, surplus floor area offering an exciting opportunity to add +/-5 additional units, and an efficient operational structure emphasizing care-free property management. The building offers functional suite layouts with 73% of units either mostly or fully updated within the last 8 years, attractive on-site amenities including laundry, fitness, storage, library, games room, common living space, outdoor gardens, gazebo and bbq area, and a suite mix that continues to attract consistent tenant demand in a supply-constrained rental market. With demonstrated occupancy stability and strong market rent growth offering further income enhancement potential, this offering represents a rare opportunity to acquire a secure, yield-oriented multifamily asset in one of the Kootenays’ most established and defensive communities. (id:58753)Show Description
MLS® Number10377636
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
GarageNo
Approx. Age1980
Basement
Driveway
Garage Spaces
Heat
A/C
Heating Fuel

Extras

Price History

00/00/0000End Date
$XXX,XXXSold Price
Top Secret
00/00/0000List Date
$XXX,XXXList Price
  • Commute

Commute

Starting Address
Destination Address
1909 Ash St, Creston, BC

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