$649,900.00

416-438 HILLCREST Dr, EDINBORO PA 16412

36  | 12960 ft²

Investment   5+ Unit

Oct. 16, 2025, 11:38 a.m.

Discover the perfect canvas for your next development near Edinboro University! This exceptional 1.3+ acre parcel, just steps from campus, offers a rare blend of existing income and future opportunity. The property features two fully finished 2-bedroom, 1.5-bath condos (valued at $225,000 each) plus additional R-4 zoned land ideal for expansion. With infrastructure already in place—including full utilities, stormwater management, and a retention basin—the site is primed for further development. The current condo association allows for up to 10 additional units, or the association can be dissolved to pursue new layouts such as townhomes, duplexes, triplexes, or larger multi-unit buildings. Public water, sewer, gas, electric, and Armstrong connections are available at the road. Whether you continue the existing condo project or design a custom residential community, this property offers unmatched flexibility, strong rental potential, & a premium location minutes from Edinboro University.

Listed by: Jake Scheloske (814) 449-7973, Agresti Real Estate (814) 459-9400

Source: MLS#: 188418; Originating MLS: Greater Erie Board of Realtors