241 Beachgrove Drive, Erie, PA 16505

Local realty services provided by:CENTURY 21 Frontier Realty
241 Beachgrove Drive,Erie, PA 16505
$265,000
  • 2 Beds
  • 2 Baths
  • - sq. ft.
  • Multi-family
  • Sold
Listed by: samuel sweny
Office: agresti real estate
MLS#:184204
Source:PA_GEBR

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Price summary

  • Price:$265,000

About this home

This beautiful Millcreek 2-unit has an 11% CAP RATE! You don't want to miss out on this unique, cash flowing property situated in the quaint and historic Eaglehurst subdivision with direct access to the neighborhood beach on the shores of Lake Erie. Conveniently located close to Presque Isle in the Limited Lodging District, zoning allows for short term rentals. Two separate cottage homes sit on one parcel. Several renovations have been completed on both units including new siding, flooring, paint, appliances, landscaping and more. Each unit has it's own laundry. These are being sold furnished and decorated with a very charming nautical theme. Incredibly enough, this property has a gas well that fuels both units...FREE GAS! Pound for pound, this is one of the best investment opportunities available. Minimal maintenance, optimal cash flow. Come add this unique gem to your portfolio today before it's too late!

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Home facts

  • Year built:1917
  • Listing ID #:184204
  • Added:192 day(s) ago
  • Updated:December 17, 2025 at 09:12 AM

Rooms and interior

  • Bedrooms:2
  • Total bathrooms:2

Heating and cooling

  • Cooling:Window Units
  • Heating:Forced Air, Gas

Structure and exterior

  • Roof:Composition, Metal
  • Year built:1917

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$265,000
  • Tax amount:$1,794 (2025)