Investor or Handyperson special! This 2-bedroom, 1-bathroom row house located in Northwest Erie City just off of W 12th St and Lincoln Ave is available for purchase. This house house just recently became vacant after the last long-term tenant moved - last rented for $850 per month with tenant paying all utilities and passed most recent Section 8 inspection in April 2026. There is potential for increased income as other similar units in the neighborhood rent for $850-975 per month. Sufficiently rentable and habitable for tenants or owner-occupant in existing condition, this property may benefit from exterior improvements to make it really feel like home. Low property taxes. Conveniently located near I-79, Pittsburgh Commons shopping plaza, Harding Elementary, Shriner's Children's Erie, and Frontier Park. Schedule a showing today.
Investor or Handyperson special! This 2-bedroom, 1-bathroom row house located in Northwest Erie City just off of W 12th St and Lincoln Ave is available for purchase. This house is currently rented to long-term tenant for $750/month with tenant responsible for all utilities, but there is potential for increased income as other similar units in the neighborhood rent for $850-975 per month. Sufficiently rentable and habitable for tenants or owner-occupant in existing condition, this property may benefit from exterior improvements to make it really feel like home. Fenced in backyard. Low property taxes. Conveniently located near I-79, Pittsburgh Commons shopping plaza, Harding Elementary, Shriner's Children's Erie, and Frontier Park. Schedule a showing today.
Investor or Handyperson special! This 2-bedroom, 1-bathroom row house located in Northwest Erie City just off of W 12th St and Lincoln Ave is available for purchase. This house is currently rented to long-term tenant for $750/month with tenant responsible for all utilities, but there is potential for increased income as other similar units in the neighborhood rent for $850-975 per month. Sufficiently rentable and habitable for tenants or owner-occupant in existing condition, this property may benefit from exterior improvements to make it really feel like home. Fenced in backyard. Low property taxes. Conveniently located near I-79, Pittsburgh Commons shopping plaza, Harding Elementary, Shriner's Children's Erie, and Frontier Park. Schedule a showing today.
Three unit property with a four car detached garage. The property needs some repairs, but with some attention, this has the opportunity to produce revenue. The front unit is occupied, but two vacant units are available for preview.
Affordable two-unit property offering income potential, owner-occupancy, or a combination of both. Conveniently located near local amenities, shopping, dining, and major roadways. A great opportunity for buyers looking to start or expand their portfolio.
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.
Great investment opportunity with this two-unit flat in a prime Erie location just a couple blocks off upper Peach Street. Three bedroom unit on upper level is currently rented to established tenants. First floor unit has two bedrooms, but an adjacent room off one of the bedrooms could easily be used as a third bedroom or office. Separate gas and electric meters. Shared basement with apportioned electric and two sets of washers/electric dryers. Kitchen appliances also included. Property includes detached two-car garage for added income potential or extra storage.
PACKAGE OF 4 PROPERTIES THAT INCLUDE 853 PRIESTLEY AVE, 1033 PRIESTLEY AVE, 864 RUMSEY AVE, AND 1061 NEWTON AVE. Owner is retiring. 853 Priestley Ave. is currently vacant. Potential buyers can go and view this unit. If they can provide pre-approval or proof of funds after seeing this unit, arrangements can be made to see the remaining homes. 1061 Newton and 1033 Priestley are occupied with longtime tenants. The tenant at 864 Rumsey is currently moving out and should be out by Monday, August 10.
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.
4-Unit, mixed-use investment package for sale. Comprised of 2 contiguous parcels totaling 4,850± SF on 0.12± acres with 1 commercial unit & 3 residential rentals. 50% occupancy with excellent income history. $35,445 annual income & $26,522 net operating income based on 2025; offered at $360,000 – 7.4% actual cap rate. Upside potential with below market rents. $46,113 pro forma annual income - $37,773 pro forma NOI – 10.5% pro forma cap rate. Unit mix includes 911± SF office/storefront, one 1 bedroom/1 bathroom apartment, one 2 bedroom/1 bathroom apartment & one 3 bedroom/1 bathroom single family home. Off-street parking for ±11 with paved parking lot for ±9 & private driveway plus on-street parking. All units are separately metered for gas &/or electric (1 unit all electric). Centrally located just 0.4 miles (3 blocks) from Erie High School. Near Peach Street’s retail/service corridor & multiple public bus routes. Zoned Traditional Single Family Development (R-1A) in the City of Erie.
Well located two unit offers so many possibilities and has a ton of potential.. and best of all it's priced to sell! The property features a new roof, off-street parking, a nice sized yard with a storage shed and laundry in each unit. This one could make a great owner-occupied property with the upstairs tenant paying your mortgage. No rental history available as it was a family rental for many years. Make this your first investment property or add it to your portfolio today!
Wonderful Rare Investment Opportunity in Millcreek! Main Home is Owner Occupied with two 2 Bedroom Apartments w/ separate utilities(except garbage-split x 3) & entrances. PLUS this Home is located on an AWESOME, Large & Fenced lot! Main Home is beautifully remodeled and has a spacious Remodeled Eat-in Kitchen(appliances excluded), Formal Dining Room, Living Room, Remodeled Full Bath, Gorgeous Floors, 2 Gracious Size 1st Fl. Bedrooms and 2 Spacious 2nd Fl. Bedrooms, Basement with has Partially Finished Room and a Finished Bonus Room along w/ a 3/4 Car Garage w/additional Finished Bonus Room off back of Garage and Overhead Storage. The 1st Fl & 2nd Floor apartments are 2 Bedroom, 1 Bath, Lr & Kitchen(appliances included) & are currently rented below market rents Section 8 (2nd Fl Tenant lease expires Aug. 1st pays $800, 1st. Fl lease expires 1/1/27 pays $750) Both pay own utilities and 1/3 of Garbage) & do not have Garage, Yard or Basement access. Disclosure to come 24hr notice req
Excellent 14-unit value-add opportunity in a prime Millcreek location near the Peninsula corridor! The property includes 2 buildings: a single-story 6-unit building & a two-story 8-unit building, with 12 one-bedroom apartments & 2 efficiencies. Current rents are well below market, creating substantial upside through strategic rent growth, improved management & potential coin-operated laundry income. Improvements include an approximately 12-year-old roof with 35+ year shingles, mostly newer windows & exterior doors, & two functional boilers operating together as one system. Additional land may offer future storage, parking, development or expansion potential, subject to approvals. Located minutes from Presque Isle State Park, Lake Erie beaches, Waldameer, Erie International Airport, shopping & dining. The highly desirable MU-2 Corridor Mixed Use zoning is a major advantage, offering broad flexibility and significant potential for future development, redevelopment or a change of use.
Fully occupied 2-unit investment property centrally located. Off Street parking in the back of the property. This property has been well maintained and is ready for its next owner. Strong cash flow opportunity, or live in one unit and have the other unit pay the mortgage. Call today for more information.
Have you been waiting for a house-hacking opportunity? This one stands out. The main house has 4 bedrooms and features a huge kitchen, hardwood floors, and a private third-floor suite complete with a balcony, full ensuite bathroom, and walk-in closet. There is a duplex in the back, one upper and one lower, for a total of 5 bedrooms with a separate laundry for each unit. The detached garage was temporarily converted into a shared gathering space, but could easily be turned back into a 2-car garage. There is also a newer, large storage shed on the property. Situated on just under an acre, this property offers a rare combination of space, privacy, and versatility that is hard to find within the city limits. Photos have been edited to remove the seller's personal items.
This 2-unit property is ideal for first-time buyers looking to offset their mortgage or investors ready to add a solid income producer to their portfolio. First-Floor Unit: Completely move-in ready! Features 2 bedrooms, a spacious living room, dining room, eat-in kitchen, and a bonus large storage area. Perfect for an owner-occupant or immediate occupancy. Second-Floor Unit: Features 2 bedrooms, a living room, eat-in kitchen, and 1 full bathroom. Livable as-is, with great upside potential to increase rental yield through a simple kitchen update over time. Outside, enjoy off-street parking with your own dedicated driveway and a generous backyard—a rare find for multi-family living! Live on one floor while the other helps pay your bills, or rent both out for strong cash flow. Schedule your tour today!
Beautiful brick two unit near the VA that has a two-car detached garage plus a fenced in back yard with treated deck to enjoy outside activities. Long term tenants with leases that expire May 31,2027. New windows throughout, newer hot water tanks new plyler OH garage door, decorative fireplace, washer dryers in basement, cedar closet, electric panels updated 1995, includes appliances in kitchens.
Fantastic home to add to your rental portfolio. Recently renovated and occupied with a great tenant who pays on time every month and keeps the property in awesome condition. Being offered at 12.6% CAP rate without management, or 11% CAP after management, this makes for a strong investment with little to no management by the new owner. Current tenant really wants to stay, and current property manager willing to stay on for the new owner. Don't miss out on your chance to add this cashflowing asset to your portfolio and start making money from day 1!
9-unit income-producing property featuring 2 apartments and 7 sleeping rooms, plus plenty of off-street parking and a vacant lot next to the house, referred to as 435 West 4th St. (parcel #: 17-040-014.0-215.00) Apt. #1 rents for $850/month and has separate gas and electric paid by tenant. Located on the 1st floor, it offers 1 bedroom, with potential for a 2nd bedroom by using the living room as many do, plus full kitchen, full bath, dining room, living room, laundry hookups in the basement, and possible basement bedroom/half bath. Heat is high-efficiency natural gas forced air. Apt. #2 rents for $600/month with separate gas/electric paid by tenant and includes 1 large bedroom, large living room, large kitchen, full bath, and high-efficiency natural gas forced-air heat. The 7 sleeping rooms share a common kitchen and full bathroom, with all utilities included in rent. Sleeping rooms have updated electric and high-efficiency natural gas hot water heat.
Mobile home park and rooming house investment opportunity on 1.23 acres, offering multiple income streams and strong value-add potential. The property includes 18 mobile home pads, 10 rental rooms, and 1 apartment, creating a diverse tenant mix and solid occupancy. This asset offers immediate cash flow with room for future income growth through operational improvements and rent increases. The newer 24' x 48' x 12' garage provides additional utility and may be ideal for a small business, vehicle storage, or equipment use. Off-street parking adds convenience and functionality. Conveniently located near major roadways and area amenities, this is a rare opportunity to acquire a mixed-use residential investment with strong returns and long-term upside.
A solid two-unit investment property featuring one 2-bedroom apartment and one 3-bedroom apartment. Both units are occupied by long-term tenants, offering steady rental income from day one. With established tenants already in place, this property provides immediate income-producing potential and an attractive opportunity for investors looking to add a dependable multi-unit property to their portfolio. The flexible unit mix appeals to a wide range of renters, while the existing tenancy helps reduce the uncertainty often associated with vacant investment properties. Whether you are expanding your portfolio or looking for a property with consistent cash flow potential.
This City of Erie 2-unit has great curb appeal and will make a great rental property. Located near the bus line, convenience stores, etc this location is a plus for tenants to easily commute. Lots of possibilities as an owner occupied property as well. Don't miss this opportunity!
Place to store your Stuff !!! Attention Investors. A two Unit with a two-car detached garage with attic storage. Centrally located and ideal for all of your in-town property supplies and furnishings. Long concrete driveway for 8 plus parking spaces. Two 2-bedroom units. One tenant has been there for over 10 years. Relaxing bright balcony porch. Roomy living room and dining room and kitchen in each unit.
This is a great opportunity for a fix & flip or a rehab rental. Most of the heavy lifting has been done for you. There are new windows, shelf flooring, electrical, and inside framing. A lot of materials are being left behind so you can finish the project quickly. Bring in your finishing touches to make this place shine!
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.
