$525,000.00
179 KELSO Dr, ERIECITY PA 16505
9 | 7.00 | 8592 ft2
Investment 5+ Unit
April 10, 2025, 2:49 p.m.
This Airbnb gem near Kelso Beach is the investment opportunity you’ve been waiting for—with a *projected 20% cap rate* and no fluff in the numbers. Located in Millcreek’s Limited Lodging Overlay District, this fully renovated property offers private beach access, is steps from Waldameer, and just 2 minutes from Presque Isle. Featuring 7 rentable units (including a 5-unit building with office + separate house), off-street parking, 2.5-car garage, and a private lot. Renovations include new kitchens, baths, windows, metal roof, and more. At $200/night over just 180 days, gross income hits $216K, with expenses accounted for. Schedule your tour today!
Listed by: Jake Scheloske (814) 449-7973, Agresti Real Estate (814) 459-9400
Source: MLS#: 182307; Originating MLS: Greater Erie Board of Realtors
| Directions | W. Lake Rd., north on Kelso Dr. (between Trinity Cemetery and Calvary Cemetery) |
| Year Built | 1983 |
| Area | 5 - Millcreek N of W26 |
| Road Surface | Paved Private |
| Water | Public |
| School Districts | Millcreek |
| Lot Description | At Grade,Corner,Lake Access,Lakeview |
| Building Information | Existing Structure |
| Construction | Metal,Vinyl |
| Fuel Type | Gas |
| Roof Description | Composition,Metal |
| Heating Type | Forced-Air |
| Garage | Integral |
Street View
Send your inquiry