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241 BEACHGROVE Drive, Erie, PA 16505

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For Sale
Sale Pending

$269,900

2 beds • 1,100 sqft

Estimated Payment

$      /mo. †

APR for 30 years

Change Loan Terms

  • Single Family Attached
    Property type

  • $245.36
    Price per square foot

  • Over 50 Years Old
    Age

Explore this Property

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!
MLS# 184204

Courtesy Of Agresti Real Estate

(814) 459-9400

Property Features

  • Age
    Over 50 Years Old
  • Architecture Style
    Other
  • Exterior Type
    Aluminum Siding, Vinyl Siding
  • Heating System
    Forced Air
  • Lot Size
    0.11 Acres
  • Roof Type
    Metal

Map and Directions

Directions to 241 BEACHGROVE Drive, Erie, PA 16505

Home seller CENTURY 21 Preferred Real Estate

Get to know the neighborhood. A local affiliated CENTURY 21 office will help you set up tours, give advice, and negotiate with sellers.

CENTURY 21 Preferred Real Estate

(610) 565-8990
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Monthly Payment Breakdown

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Calculators provided for estimating purposes only. Consult with your lender to determine precise payment requirements.

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Copyright © 2025 Greater Erie Board of Realtors MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified. Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person's eligibility to attend a school or to use or benefit from other city, town or local services.

† Based on a 30-year fixed rate of 3.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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