Multi-use corner property in the center of the City of Erie. The NW corner of State Street and 26th is for sale! The main building has 3 units, which are currently being used as 1,2 and a 3 bedroom apartments. The first floor was once a showroom. The parking lot to the West is also included. This sale includes a single family home to the North which has 4 beds, 1 bath and private parking. This unique piece has many uses depending on your needs. 4 total parcels included and must be sold together.
Calling all investors and owner-occupants! This unique property includes 2 separate homes on one parcel, offering endless possibilities. Rent both units for cash flow. Currently being lived in and the upstairs unit is being rented out. The home in the back offers a opportunity to generate income as well. Conveniently located near public transportation, shopping, and local amenities. Don't miss out on this rare opportunity, these don't come around often.
Income producing property that is part of a 5 property package that includes MLS #'s 191853; 191854; 191855; 191856; 191857
Two parcels on one lot. One mobile home and one apartment above a garage. Income producing property that is part of a 5 property package that includes MLS #'s 191853; 191854; 191855; 191856; 191857
Income producing property that is part of a 5 property package that includes MLS #'s 191853; 191854; 191855; 191856; 191857
5 property package that includes MLS #'s 191853; 191854; 191855; 191856; 191857
Solid brick 2-story property situated on a corner lot with rear concrete driveway parking. Currently used as a single-family home, this property offers flexibility and the potential to be converted back to a 2-unit multi-family property. Features include covered front porches on both the first and second floors, front and side entries, and a layout that may work well for an owner-occupant, investor, or buyer looking for additional future possibilities. Conveniently located across from a couple convenience stores and gas stations, with nearby schools and easy highway access and has a solid structure, character, and investment potential for the right buyer.
Solid brick duplex offering 2,640 square feet of living space with two spacious 3-bedroom, 1-bath units. This income-producing property features a detached garage and separate water, gas, and electric meters for each unit, allowing tenants to pay all utilities, helping keep owner expenses low. A great opportunity for investors looking to add a well-maintained, low-maintenance multifamily property to their portfolio.
Investor special value-add opportunity! The opportunities are endless with the additional rooms! Sitting on over 1 acre in Fort LeBoeuf School District. The original structure features hard wood floors in the bedroom and family room that can be converted into a third bedroom. The massive 21x21 living room features a wood burning fireplace and access to the deck - facing your very private backyard. The primary bedroom is also very large with walkout access and a half bath. Centrally located in Erie County and minutes from I90, I79, Peach Street shopping + restaurants, Perry highway and more. The home is in need of work and needs updates. It has a nice black metal roof. There’s a beautiful small stream on the property. This truly is a once in a lifetime opportunity to buy a home and make it exactly what you want, or purchase a fix and flip. Cash only as there are some foundation updates needed. Needs connected to public sewer at the road. Tap in already there. Make it yours today!
This 12-unit rooming house in Little Italy presents a rare chance to acquire a powerful cash-flowing asset. Each unit, from efficient 8x8 spaces to larger accommodations, is consistently rented, contributing to an impressive and reliable revenue stream. This property isn't just a building; it's a well-managed investment with a consistent rental history. Plus, a dedicated property manager, who has been with the property for years, is available to ensure a seamless transition and continued operational excellence, allowing for a hands-off approach if desired. This is an ideal, high-yield addition for an investor looking to expand their portfolio with a well-established rental property in a high-demand urban location.
Call Rich for showings! Showings Monday - Friday only No weekend showings 24 hour notice required. Possible student rentals - 4 up, 4 down. Garage can also be rented.
Investor opportunity! Zoned and designed for two-unit use, this versatile property is currently being utilized as a single-family residence but offers excellent potential for income-producing use. The well-maintained home features attractive vinyl siding, spacious rooms, and a private backyard. Whether you’re looking to expand your portfolio, offset your mortgage with rental income, or create a flexible living arrangement, this property presents a wealth of opportunity.
Attention Investors! In the heart of Gannon housing, this is a great opportunity to grow your portfolio with 8 "units" at 11% cap rate at full capacity. First floor offers a common area and a two bedroom apartment. Second floor offers 6 single bedrooms with a common kitchen and two bathrooms. The third floor is a one bedroom apartment. There is off-street parking for 6 cars, both a sprinkler system & security systems. Driveway is shared. Owner bills back first and third floor tenants. 2nd floor is all inclusive.
Turnkey 10 unit investment opportunity directly across from Saint Vincent Hospital! This FULLY furnished short-term rental portfolio has been completely renovated inside and out, including gutters, roofs, decks, covered front porch, electrical, plumbing, appliances, select windows and more. Sold fully furnished with furniture, linens, towels, pillows, blankets, etc. Seller is willing to assist with transferring existing bookings for a seamless transition. Ideal for traveling nurses/medical professionals, hospital visitors or for those looking to experience the beauty of Erie’s Peninsula. All 10 units + 4 Buildings are located on the same block. Minutes from Gannon University, Mercyhurst University, Lake Erie College of Osteopathic Medicine, UPMC Hamot, I-90, I-79, and Erie Insurance. Looking to buy an established business that doesn’t need to start from scratch? You've found it! Buy today and start generating income from day one with the current bookings!
Add this cash-flowing triplex to your portfolio today! This fully occupied 3-unit property offers immediate rental income with separate electric service, public water and sewer, gas forced-air heat, and low-maintenance ownership. Situated on a generous 60' x 135' lot, the property features approximately 2,292 square feet, balconies for tenants, and a convenient Erie location. Whether you're a first-time investor or looking to expand your portfolio, this turnkey property offers strong income potential and long-term value. Schedule your showing today!
Unlock instant cash flow with this fully occupied three-unit property in West Erie, perfect for investors seeking immediate returns. Sold as-is, this property offers a unique opportunity for an owner to add their personal touch and increase value through renovations. Each unit is currently rented, providing a solid investment base. Don't miss out on this chance to enhance your portfolio with a property ripe for TLC and upgrades, generating $2025 in rental income every month.
TWO UNIT INVESTMENT PROPERTY FOR SALE. GREAT LOCATION. VERY WELL MAINTAINED. PERFECT FOR OWNER-OCCUPIED.
Investment Opportunity! Well-established rental property with a long-term tenant in place, offering immediate income potential for investors. Property is being sold AS-IS, with seller making no repairs. Tenant has occupied the home for several years and would like to remain if possible.
This multi-unit property offers spacious layouts, and convenient access to downtown Erie, schools, public transportation, and shopping and local amenities. Ideal for investors seeking cash-flow or owner-occupants looking to offset expenses with rental income. A great addition to any investment portfolio.
Investment opportunity in Erie! This well located 3-unit property features desirable mix of 2 and 1 bed units. Offering strong rental appeal and income potential. Conveniently located near downtown, bayfront attractions, shopping and public transportations plus schools and major employers. Whether you are looking to expand your portfolio or begin investing this one is for you!
This 2-unit is great portfolio addition for a season investor or beginner. This home is worth a look, start making profit from day one. Also, a great opportunity to live in a unit and rent the other one.
Don’t miss this fully occupied 2-unit investment property located in a quiet Northwest Erie neighborhood. This income-producing property offers immediate cash flow with established tenants already in place, making it a great addition to your investment portfolio. Each unit provides comfortable living spaces, and the property’s convenient location offers easy access to shopping, restaurants, schools, and local amenities. Whether you’re a seasoned investor or looking to expand your rental portfolio, this turnkey opportunity is worth a look. No FHA or VA financing.
Calling all Investors! Here is your next Fixer Upper! Bring your ideas and your tool belts. Both units are in the middle of a remodel and require work to be finished. Electrical updates. Plumbing updates. Upper unit offers a large 4 bedroom, 2 bathroom apartment including a laundry room. First floor unit was formerly a bar. First floor unit needs architectural drawings, a building permit, inspections and possibly a variance for future commercial uses. Property is being sold-as-is. Existing contents will remain. Cash offers only.
Very welcoming large 3 bedroom apartments, recently rennovated with new kitchen and bathrooms..Both feature new windows, flooring, fresh paint throughout yet retaining the old world charm which is sure to impress prospective tenants. Move in ready! Live in one unit and rent the other! This home has it all. A private backyard with stone pathway, a two car garage. Electric s been recently upgraded by Dobrich including recessed lighting in the kitchens, New cabinetry features self closing drawers . Truly a great home. Come see for yourself. OPEN HOUSE sATURDAY MAY23 FROM 12 UNTIL 2. STOP BY!
Nice 2 Unit Flat with great rental history. Each unit has 2 bedrooms, living room, dining room, and kitchen. Each unit is constructed with a front and a back entrance as well as entrance to the basement with washer and dryer hook-ups for each unit. There is also off sreet parking to fit 2-3 cars. Some updates include new hot water tanks, interior painting and some plumbing fixtures to name a few. Each unit has 1 year lease in place and 1 unit has a long term tenant. Close to parks, schools, transportation, and convenience shopping.
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.
