$149,900.00
631 PARADE St, ERIECITY PA 16503
7 | 2.00 | 4144 ft2
Investment 1-4 Unit
Dec. 3, 2025, 4:41 p.m.
Take advantage of this wonderful opportunity to add to your investment portfolio in Erie! This unique property has 2 full size brick buildings that have the old construction charm to them. They also have original hardwood floors throughout. The first building is 1500sq ft with 3 beds, 1 bath and a full basement. It has a gas fireplace, a new roof in 2019 and a new furnace as of 2021. The second building was used most recently as a private art studio. It's a full 2 stories with 2600 sqft to use and has 2 separate entrances. There is a kitchen on the 2nd level and a bathroom. You can easily modify this one to a multi unit building by itself. It has a full basement and some plumbing set up to do a bathroom down there as well. Rents and expenses are fully estimated as the property is currently vacant. The potential for this property to be a great profitable investment is high. With some modifications it can easliy be a 3 or 4 unit investment. 1yr HSA Warranty is included!
Listed by: Ron Kleppick (814) 833-9500, KW Flagship Realty (814) 833-9500
Source: MLS#: 188992; Originating MLS: Greater Erie Board of Realtors
| Directions | From E 12th and Parade St, Turn N onto Parade, Buildings will be at the north east corner of 7th & Parade. |
| Year Built | 1902 |
| Area | 1 - Erie Northeast |
| Road Surface | Paved Public |
| Water | Public |
| School Districts | City-Erie |
| Lot Description | Flat |
| Building Information | Existing Structure |
| Construction | Brick |
| Fuel Type | Gas |
| Roof Description | Composition |
| Heating Type | Forced-Air |
| Garage | Detach |
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