Login

71 Unit Investment Package, Erie, PA 16502

Erie
Local realty services provided by:CENTURY 21 Frontier Realty
71 Unit Investment Package,Erie, PA 16502
$3,799,900
  • 110 Beds
  • - Baths
  • 68,288 sq. ft.
  • Multi-family
  • Pending
Listed by: jake scheloske
Office: agresti real estate
MLS#:189809
Source:PA_GEBR

Price summary

  • Price:$3,799,900
  • Price per sq. ft.:$55.65

About this home

This 71-unit investment portfolio is a rare, cash-flowing machine with a current rent roll exceeding $54,000/month and $655,000+ annually. With actual expenses at just $218,000, you’re netting over $437,000/year in NOI — that’s an 11.5+% cap rate, 27% cash-on-cash return, and a 1.89 DSCR. The well-maintained properties include a mix of multi-units (9, 5, 4, 3, and several 2-units) and single-family homes spread throughout NW, NE, SW, and SE Erie. Step into a fully operational business with an experienced property manager in place, handling leasing, maintenance, lawn care, and more. Seller-owned for years and now retiring — don’t miss this chance to buy instant equity and own a high-performing, turn-key investment. If sold separately, the package could be worth a lot more. Seize this grand slam opportunity today!

Contact an agent

contact an agent

Yes, I would like more information. Please use and/or share my information with an independent agent affiliated with the CENTURY 21®  brand to contact me about my real estate needs. By clicking Send message, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If an independent agent affiliated with the CENTURY 21®  brand is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE® , Coldwell Banker® , Corcoran® , ERA® , Sotheby's International Realty® ). I acknowledge that I have read and agree to theTerms of useandPrivacy notice

Home facts

  • Listing ID #:189809
  • Added:150 day(s) ago
  • Updated:July 29, 2026 at 08:34 AM

Rooms and interior

  • Bedrooms:110
  • Living area:68,288 sq. ft.

Structure and exterior

  • Building area:68,288 sq. ft.
  • Lot area:3.53 Acres
  • Construction Materials:Mixed

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$3,799,900
  • Price per sq. ft.:$55.65
  • Tax amount:$45,717 (2025)

New listings near 71 Unit Investment Package