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38 N PARK Row Erie, PA 16501

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New
For Sale
$2,750,000

MULTI_FAMILY - Other - Erie, PA

Property size:
13,200 SF
Lot size:
0.08 Acres
Added:
Mar 28, 2026
Days on Market:
4
Last Refresh:
Mar 31 at 10:06 pm

Property Features for 38 N PARK Row

General Information

Property type
Residential Multi Family
Property subtype
Other
Bedrooms
23
Bathrooms
18
Rooms
Bathroom 14, Bathroom 13, Bedroom 11, Bedroom 21, Bedroom 10, Bedroom 20, Bedroom 3, Bedroom 2, Bathroom 15, Bathroom 17, Bedroom 1, Bathroom 3, Bedroom 13, Bedroom 8, Bedroom 17, Bedroom 19, Bathroom 18, Bedroom 7, Bathroom 2, Bedroom 14, Bathroom 8, Bathroom 16, Bathroom 1, Bathroom 9, Bathroom 6, Bedroom 9, Bathroom 5, Bathroom 10, Bedroom 12, Bedroom 18, Bedroom 6, Bathroom 12, Bedroom 23, Bedroom 16, Bathroom 7, Bedroom 22, Bedroom 15, Bathroom 4, Bedroom 5, Bathroom 11, Bedroom 4
Standard status
Active
APN
17-040-002.0-110.00
Size
13,200 SF
Lot size
0.08 Acres

Taxes and HOA fees

TaxYear
2026
TaxAnnualAmount
13730
Expense value
50000
Expense
SecurityDeposit
Expense freq.
One Time

Utilities

Sewer type
Public Sewer
Heating system
Electric (Heating), Forced Air
Water source
Public

Building Details

Year built
1868
Floors in Building
3
Number of units
3
Building materials
Brick, Block
Roof type
Rubber
Architectural style
Other

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Listing Contact
Jake Scheloske

Listing agent Jake Scheloske License #RS318016

Listing office Agresti Real Estate 2635 W 26th Street, Erie, PA

Listing date Mar 28, 2026

MLS# 190057

Copyright © 2026 Greater Erie Board of Realtors MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.


Overview

Erie Multifamily Investment Opportunity

This investment opportunity features 17 residential units and 1 commercial space, totaling 18 units. The property is located in downtown Erie, with proximity to Gannon University, Erie Insurance, UPMC, the Bayfront, restaurants, and nightlife. The building has been remodeled from basement to roof, including updated flooring, windows, plumbing, electrical systems, and mechanicals. Most units feature granite countertops and stainless steel appliances. A 24/7 surveillance system and secure entry access are in place. On-site laundry is available. The property is 100% occupied and offers a cash flow opportunity for investors. The lot size is 0.08 acres and the property size is 13200 square feet.
Property Profile Insight Report Location Intelligence

Current Use by Public Records

Hooks Catfish Kitchen Restaurant park row erie General Contractor

Suggested Use

Real Estate Agency Restaurant Spa & Massage Center Dental Office Hair Salon Law Firm Nail Salon Building Supply Gym & Fitness Center Skin Care Clinic

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

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  • Local Demand
City
Erie
County
Erie
State
Pennsylvania
Longitude
-80.086964
Latitude
42.129727

FAQs

What type of property is this?
Apartment building - Completely remodeled 18-unit building in downtown Erie.
Where is this apartment building located?
The property is located at 38 N PARK Row Erie, PA.
What is the asking price?
The asking price for this property is $2,750,000.
What are key features of this property?
This property features: Prime downtown location near Gannon University, Erie Insurance, UPMC, and the Bayfront.; Completely remodeled building with updated flooring, windows, plumbing, electrical, and mechanical systems.; 17 residential units and 1 commercial space with 100% occupancy, providing immediate cash flow.
More about this property
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