Investment property! This well-located 2-unit property with excellent income potential! Newer windows, roof and furnaces add value and peace of mind. Convenient to shopping, dining and everyday amenities - just 2.3 miles to Penn State Behrend, 4.2 miles to Mercyhurst University and 4.6 miles to Gannon University. Whether adding to your portfolio or considering owner-occupancy, this property offers flexibility, location & potential! One year home warranty included.
Attention landlords and investors. Currently rented by tenants for $1525 per month with the tenant paying electric and gas and the landlord paying for water, sewer, and garbage; tenant's rights are in place through October 2027. Located in Erie City's quickly developing Northwest Bayfront, this home is located just blocks from Presque Isle Bay, the Bayfront Promenade, and Gridley Park and is also within 1.0 to 1.4 miles of Gannon University, UPMC Hamot, Strong Vincent Middle School, and Frontier Park. Assessed at 1440 square feet, this recently renovated house features 4 bedrooms and 1 full bathroom. Other amenities include laundry hookups in the full basement, a new gas furnace in 2026, new gas water heater in 2025, new kitchen range and microwave in 2024, new fridge in 2026, newer carpet throughout much of the house, and a low maintenance yard. Disclosure: Listing agent has ownership interest in the selling entity.
Attention landlords and investors. Currently rented by tenants for $1515 per month with the tenant paying electric and gas and the landlord paying for water, sewer, and garbage; tenant's rights are in place through July 2027. Located in Erie City's quickly developing Northwest Bayfront, this home is located just blocks from Presque Isle Bay, the Bayfront Promenade, and Gridley Park and is also within 1.0 to 1.4 miles of Gannon University, UPMC Hamot, Strong Vincent Middle School, and Frontier Park. Assessed at 1500 square feet, this house features 5 bedrooms, including a first floor bedroom, and 2 full bathrooms, including a first floor bathroom. Other amenities include laundry hookups in the full basement, a high-efficiency gas furnace with Central A/C, gas water heater, gas oven/range, newer carpet throughout much of the house, the recently renovated 2nd floor bathroom, and a low maintenance yard. Disclosure: Listing agent has ownership interest in the selling entity.
2-Unit Investment Property waiting for your vision and updating. Not far from the Bayfront, Downtown Erie and area Schools and Medical Facilities. Consider living in one unit and renting the other, or simply add it to your existing investment portfolio.
Unique investment opportunity in Erie’s Little Italy neighborhood featuring a 2,106-square-foot duplex and a 2,800-square-foot warehouse on approximately 0.38 acres. The duplex includes a renovated second-floor apartment, a first floor currently used for storage with renovation potential, a full basement and a rear patio. Built in 2022, the 50' x 56' warehouse offers approximately 16-foot ceilings, two 12' x 14' overhead doors, and metal roofing and siding. The paved and gated property also provides a large rear yard.
Beautifully maintained and in excellent condition, this spacious two-unit property offers a fenced yard and a convenient location near downtown Erie, Gannon University, UPMC, and Erie Insurance. The left-side unit features 4 bedrooms, 2 full baths, a living room with an ornamental fireplace, a dining room, and a kitchen. The right-side unit offers 3 bedrooms, 2 full baths, a living room, a dining room, and a kitchen. Both units have covered front porches and access to a divided rear deck. Tenants pay gas and electric; the owner pays water, sewer, and garbage. With generous layouts and separate utilities, this property is an appealing opportunity for an investor or owner-occupant.
Investors, take note! This approximately 3,800-square-foot brick property sits on nearly half an acre in Millcreek Township and was previously used as an assisted living/group home. Zoning permits up to six residents. Accessible rooms and bathrooms, a flexible floor plan and abundant parking offer potential for a similar use or a spacious single-family rental. The second floor, previously used as staff space, has a separate stair entrance and potential for additional bedrooms. Outside, enjoy a level yard, a pavilion for gatherings and an oversized detached three-garage with a second floor. A large basement and public water and sewer add to the possibilities.
Excellent investment opportunity in West Erie! This well-maintained brick duplex offers spacious units, strong rental potential, and multiple opportunities to increase income. The property currently features two large residential units, separate utilities/zones, a fenced yard, and a detached two-car garage. The expansive third-floor attic space offers the potential to be converted into a third apartment. The two-car garage also presents an additional rental income opportunity. With multiple potential income streams—including two existing apartments, a possible third-floor unit, and garage rental income—this property provides investors with excellent flexibility and upside. Convenient West Erie location near downtown,Gannon, shopping, dining, and major routes. A fantastic opportunity to add value while building long-term rental income!
Very well-maintained, updated 2-unit property ideal for an investor or owner occupant. Second floor unit was previously owner occupied and is now vacant by choice. Both units have updated kitchens and baths, separate front and rear entrances, and include stove, refrigerator and dishwasher. Updates include replacement windows, siding, roof, electrical, water heaters and second floor furnace. First floor has a bonus room off the kitchen with a door and window, suitable as a dining room, office or potential third bedroom. Separate second floor laundry with washer and dryer serves Apt 2 only. Rear deck and 2-car detached garage with alley access. First floor tenants are on a 1-year lease at $950 month and pay reliably. Both units have historically rented quickly at $950/month. Water, sewer and garbage included, gas and electric separately metered and tenant-paid.
Fully occupied west-side Erie duplex offered at $139,900! Excellent opportunity to acquire an income-producing 2-unit property with tenants already in place. First-floor 3BR/1BA rents for $775/mo and second-floor 2BR/1BA rents for $695/mo, providing $1,470/month / $17,640 annual current rent. Property is 100% occupied with leases in place. Established tenancy and an attractive 7.9x gross rent multiple make this an appealing addition to a rental portfolio.
This 2 unit requires an interior. The windows, roof, plumbing, electric and most of the siding has already been updated. The rest of the home is a blank canvas waiting for it's new owner to FINISH IT and LIVE in one unit and rent the other, RENT BOTH units or FLIP IT. Don't delay! This home would make a great winter project for a contractor or a do-it-yourself investor! CASH OR RENOVATION LOANS ONLY! THIS PROPERTY WILL NOT QUALIFY FOR FHA, VA OR CONVENTIONAL LOANS. Call agent with questions.
Excellent opportunity along the highly traveled West Ridge Road corridor! 4030 and 4034 W. Ridge Road are being offered together for $499,000, providing a unique opportunity for investment, redevelopment or future development. An additional adjoining parcel at 4020 W. Ridge Road may be negotiated as part of a three-parcel package, with all three offered together for $999,000. Excellent visibility and frontage in an established and growing commercial corridor. A rare opportunity to combine adjoining parcels in this highly desirable location. Buyer to verify zoning, permitted uses and development possibilities with Millcreek Township.
Excellent investment and redevelopment opportunity at 4916 W Ridge Rd in Millcreek Township. The property currently features a two-unit residential rental, offering immediate income potential in a highly visible location along the heavily traveled West Ridge Road corridor. One tenant has been in place and is set up with guaranteed monthly payments coming in. The first floor unit boasts recent remodels. Pictures of second floor unit coming soon. Beyond its current income-producing use, the property offers significant long-term potential through its MU-2 zoning, Millcreek Township’s most permissive zoning designation. MU-2 allows for a broad range of potential uses. This includes multi-family residential, retail, office, service, medical, commercial, and mixed-use development, giving investors and developers considerable flexibility for the future. With over an acre to develop, the possibilities are endless. *Also offered as a joint sale with 4912 W Ridge Rd*
Great opportunity to own a well-updated 2-unit property! The first-floor unit offers 2 bedrooms, while the second-floor unit features 3 bedrooms. Recent improvements include a brand-new metal roof, hardwood flooring, updated kitchens, updated bathrooms and a newly built back deck. With two separate units and desirable updates already completed, this property is an excellent option for an investor looking to add to their portfolio or an owner-occupant seeking rental income. *Disclaimer* Some photos were taken prior to current tenant occupancy and are intended to represent the property's layout, features and finishes. Property is currently tenant occupied.
Attention house hackers, investors, and landlords; come check out this duplex located in Northwest Erie City's 'Little Italy'. This property has recent improvements including partial new roof installed in 2026, new vinyl siding in 2025, updated plumbing, fresh paint, and more. The first floor unit labeled as 1809 Myrtle is a 3 bedroom, 1 full bathroom apartment with projected rent of $1000+ per month and the second floor unit labeled as 1807 Myrtle St is a 2 bedroom, 1 full bathroom apartment with projected rent of $900/month. Each unit has separate electric, gas, AND water meters so all utilities can be the tenants' responsibilities. Laundry hookups are located in the basement, to which each unit has access. These units are vacant and rent ready so you can immediately find your own tenants upon purchase.
Great Investment Opportunity! Don’t miss this income-producing property. Well-maintained duplex situated on a double lot. The second lot is vacant offering additional land and potential for future use or development. Each unit has 2 bedrooms and 1 bathroom. Taxes for each lot is assessed separately.
A RARE OPPORTUNITY TO OWN A PROPERTY JUST STEPS AWAY FROM LAKE ERIE. THIS BEAUTIFULLY POSITIONED HOME HAS YEAR AROUND ACCESS TO THE WATER. THE OPEN CONCEPT LIVING IN THE 2ND FLOOR CREATES AN IDEAL SETTING FOR ENTERTAINING WHILE THE KITCHEN CONNECTS SEEMLESSLY TO BOTH INDOOR AND OUTDOOR SPACES. ENJOY YOUR MORNING WALKS ON THE BEACH OR LAUNCH YOUR KAYAKS AND PADDLEBOARDS STEPS AWAY FROM YOUR RESIDENCE.
Great investment opportunity!! This centrally located multi-unit property offers multiple income producing possibilities, including residential units and a commercial space with the potential for an additional tenant. Enjoy the added appeal of a beautiful porch and courtyard, plus a detached garage providing additional parking or storage. Conveniently located near shopping, transportation and everyday amenities. A versatile property with plenty of potential for an investor looking to maximize income. Buyer to verify permitted uses and occupancy.
Don't miss out on this fantastic opportunity to increase the value of your investments! Put your finishing touches on this great 2-unit property and you're set for years. The first floor features a spacious living areas, 2 bedrooms, and one bath that can be accessed from both bedrooms. The upstairs unit features a nice size living and dining area, 2 bedrooms and a possible flex space or 3rd bedroom, as well as a full bath. Each unit boasts its own private front porch, offering extra outdoor living space for tenants. The 4 car detached garage needs some work but could be an additional source of income. Property sold at is.
Fully occupied, cash-generating six unit to add to your portfolio or to begin your landlord journey. Front house has four units and back house has two units. Gross income is just over $47,000 per year. Seller is related to Realtor.
Renovated and updated large brick 4-unit apartment building. Features two 2 bedroom units on the second floor and a 1 bedroom unit and an efficiency on the first floor. Fully renovated over the last couple years, the building has a newer roof, updated electrical and plumbing and a new two story rear deck. East of the units were recently remodeled with new kitchens, bathrooms, flooring and paint. Also includes a 1 car detached garage and a full basement.
A true gem overlooking Lake Erie. The owner of The Gilded Eagle Inn and Couple’s Cottage is ready to retire. This 7,600 sq. ft. property is turnkey and ready for you to take over. Live in the spacious 3-story Lakefront home and let the income from six fully occupied, furnished, long-term rentals go toward your mortgage. The rental mix includes 3 studio and 3 one-bedroom apartments, plus a very popular seasonal Airbnb cottage. The single-family home offers three bedrooms, a first-floor office or 4th bedroom, and three full bathrooms. The gorgeous Kitchen is open to both the Dining and Living rooms. French doors beautifully frame the lake views and let the breeze in. Zones R-1 & LL-Limited Lodging Overlay District.
Excellent opportunity to add a strong-performing two-unit property to your investment portfolio! The upper two-bedroom unit is currently occupied at $850/month with a long-term tenant, while the three-bedroom first-floor unit is vacant, move-in ready, and prepared for its next tenant. The first-floor unit has historically rented for approximately $1,200/month and is Section 8 approved, offering excellent income potential from day one. Tenants are responsible for their own gas and electric, helping keep owner expenses manageable. Additional highlights include off-street parking and a large, deep lot with plenty of outdoor space. With one unit already producing income and the second ready to rent, this property offers an attractive return on investment and an opportunity to begin generating income immediately.
Solid duplex in Erie's 16508, offering 2,380 sq ft of living space and two well-separated units. The first floor features 3 bedrooms; the second floor offers 2 bedrooms, and each unit enjoys its own private sunroom and covered porch — a rare find in a two-family. Five bedrooms and two full baths total, with a full basement providing laundry hookups and generous storage for both tenants. Recent updates make this an easy addition to any portfolio: roof approximately 12 years old, most windows replaced roughly 7 years ago, new front doors, and an updated second-floor bath with newer carpeting throughout the upper unit. Two water heaters (approximately 6 and 7 years old), natural gas forced-air heat, public water and sewer, and updated water meters. Both units are occupied by long-term tenants of 10+ years track record of stability that speaks for itself and means day-one income with no turnover costs or vacancy period. Shared driveway.
Investment Opportunity! Fully occupied triplex in desirable Millcreek Township, conveniently located just minutes from Peach Street with easy access to shopping, restaurants, entertainment, and everyday amenities. Situated on a large corner lot, this income-producing property offers ample off-street parking for tenants and guests. Each unit is occupied, providing immediate cash flow, and tenants enjoy the convenience of laundry hookups. The property features one 1-bedroom apartment and two 2-bedroom apartments, with tenants paying electric and gas while the owner covers water and sewer. Whether you're looking to expand your investment portfolio or purchase your first multifamily property, this well-located, turnkey investment offers strong rental history and long-term potential.
Erie is located in Pennsylvania. Erie, Pennsylvania has a population of 95,536. Erie is less family-centric than the surrounding county with 20.75% of the households containing married families with children. The county average for households married with children is 25.97%.
The median household income in Erie, Pennsylvania is $40,201. 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 Erie is 35.1 years.
The average high temperature in July is 80.6 degrees, with an average low temperature in January of 19.5 degrees. The average rainfall is approximately 44.1 inches per year, with 101.4 inches of snow per year.
