$3,799,900.00
71 UNIT INVESTMENT PACKAGE NONE, ERIECITY PA 16502
110 | 68288 ft2
Investment 5+ Unit
March 2, 2026, 10:14 p.m.
This 71-unit investment portfolio is a rare, cash-flowing machine with a current rent roll exceeding $54,000/month and $655,000+ annually. With actual expenses at just $218,000, you’re netting over $437,000/year in NOI — that’s an 11.5+% cap rate, 27% cash-on-cash return, and a 1.89 DSCR. The well-maintained properties include a mix of multi-units (9, 5, 4, 3, and several 2-units) and single-family homes spread throughout NW, NE, SW, and SE Erie. Step into a fully operational business with an experienced property manager in place, handling leasing, maintenance, lawn care, and more. Seller-owned for years and now retiring — don’t miss this chance to buy instant equity and own a high-performing, turn-key investment. If sold separately, the package could be worth a lot more. Seize this grand slam opportunity today!
Listed by: Jake Scheloske , Agresti Real Estate (814) 459-9400
Source: MLS#: 189809; Originating MLS: Greater Erie Board of Realtors
| Directions | No directions as this is a 71 unit (41 individual properties) listing. |
| Area | 1 - Erie Northeast |
| Road Surface | Paved Public |
| Water | Public |
| School Districts | City-Erie |
| Building Information | Existing Structure |
| Construction | Mixed |
| Fuel Type | See Remarks |
| Roof Description | See Remarks |
| Heating Type | Remarks |
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