Prime investment opportunity in the heart of Edinboro! This beautifully remodeled four-unit property offers a fantastic opportunity for investors or owner-occupants looking for income-producing real estate in a highly desirable location. Each unit offers comfortable living spaces with updates and improvements throughout, creating an attractive property for both tenants and investors. Ideally situated close to Edinboro University, shopping, restaurants, local amenities, and everything downtown Edinboro has to offer. With its prime location, four separate units, and strong income-producing potential, this property is ready to add to your investment portfolio. Whether you're looking to expand your rental holdings or live in one unit while generating income from the others, this is an opportunity you won't want to miss!
GREAT OPPORTUNITY FOR INVESTORS! THIS TWO UNIT PROPERTY LOCATED ACROSS FROM THE POST OFFICE, OFFERS LONG TERM TENANTS ALREADY IN PLACE, PROVIDING AN EXCELLENT FOUNDATION FOR AN INCOME-PRODUCING INVESTMENT. THE PROPERTY NEEDS UPDATES, MAKING IT A GREAT OPPORTUNITY TO ADD VALUE. FIRST FLOOR UNIT WITH ONE BEDROOM, FULL BATH, KITCHEN, DINING AREA, LIVING ROOM, ENCLOSED FRONT PORCH & MUD ROOM. SECOND FLOOR WITH TWO BEDROOMS, FULL BATH, KITCHEN & LIVING ROOM. DETACHED TWO CAR GARAGE, ALSO IN NEED OF UPDATES. OWNER PAYS FOR WATER, SEWER, TRASH, ELECTRIC & GAS. EACH UNIT HAS IT'S OWN FURNACE & HOT WATER TANK. WHETHER YOU'RE LOOKING TO EXPAND YOUR PORTFOLIO OR TAKE ON A VALUE-ADD PROJECT, THIS PROPERTY IS WORTH A LOOK. SOLD "AS IS" CONDITION.
Turnkey mixed-use investment in the heart of downtown Edinboro — all 5 units leased and cash flowing from day one. 129–131 Erie Street features two street-level commercial storefronts and three renovated residential apartments above, offering multiple income streams and a strong cap rate. Both commercial spaces are occupied by established, long-term tenants. Residential apartments have been updated by the seller and are fully leased. The property offers dual road frontage, a large rear parking area, and prime visibility on Edinboro's main corridor. Don't miss this rare opportunity to own a fully performing, income-producing property in one of Erie County's most charming small towns.
Edinboro is located in Pennsylvania. Edinboro, Pennsylvania has a population of 5,097. Edinboro is less family-centric than the surrounding county with 23.42% of the households containing married families with children. The county average for households married with children is 25.97%.
The median household income in Edinboro, Pennsylvania is $36,695. The median household income for the surrounding county is $55,949 compared to the national median of $69,021. The median age of people living in Edinboro is 27 years.
The average high temperature in July is 81.1 degrees, with an average low temperature in January of 16.2 degrees. The average rainfall is approximately 46.3 inches per year, with 110.9 inches of snow per year.
