$1,200,000.00
22 UNIT INVESTMENT PACKAGE NONE, ERIECITY PA 16503
45 | 23690 ft2
Investment 5+ Unit
Nov. 12, 2025, 12:32 p.m.
This 22-unit investment portfolio with an additional vacant parcel is a high yield opportunity delivering real cash flow and strong returns. With an annual rent roll of $197,700 and expenses of just $51,465, the portfolio produces a solid NOI of $144,783, translating to an 12% cap rate, 28% cash-on-cash return, and 1.89 DSCR. The properties include a mix of 2, 3, 4, and 5-unit buildings across NE Erie, offering a balanced spread of units and steady occupancy. Strong in place performance with clear potential to further increase income and long-term value. Don’t miss your chance to own this income-producing portfolio.
Listed by: Natasha Chiz (440) 789-9215, Agresti Real Estate (814) 459-9400
Source: MLS#: 188805; Originating MLS: Greater Erie Board of Realtors
| Directions | No Directions. This is a 22 unit listing with 9 different addresses. |
| Area | 1 - Erie Northeast |
| Road Surface | Paved Public |
| Water | Public |
| School Districts | City-Erie |
| Building Information | Unknown |
| Construction | Mixed |
| Fuel Type | Gas |
| Roof Description | See Remarks |
| Heating Type | Forced-Air |
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