Erie Multifamily Investment
38 N PARK Row, Erie, PA 16501
MULTI_FAMILY - Other - Erie, PA
Property size:
13,200 SFLot size:
0.08 AcresPrice / SF:
$208/SF- Added:
- Mar 28, 2026
- Days on Market:
- 47
- Last Refresh:
- May 13 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 7, Bedroom 18, Bedroom 20, Bathroom 1, Bedroom 19, Bedroom 16, Bathroom 16, Bedroom 7, Bathroom 2, Bathroom 6, Bathroom 12, Bathroom 3, Bedroom 1, Bedroom 23, Bathroom 18, Bedroom 10, Bedroom 3, Bedroom 13, Bedroom 12, Bedroom 14, Bathroom 5, Bathroom 10, Bedroom 11, Bedroom 22, Bathroom 17, Bedroom 5, Bathroom 8, Bedroom 8, Bedroom 4, Bathroom 4, Bathroom 13, Bedroom 2, Bedroom 15, Bathroom 15, Bedroom 6, Bedroom 21, Bathroom 14, Bedroom 9, Bathroom 9, Bedroom 17, Bathroom 11
- Standard status
- Active
- APN
- 17-040-002.0-110.00
- Size
- 13,200 SF
- Lot size
- 0.08 Acres
Taxes and HOA fees
- Tax Year
- 2026
- Tax Annual Amount
- 13730
- Expense value
- 50000
- Expense
- SecurityDeposit
- Expense freq.
- One Time
Utilities
- Sewer type
- Public Sewer
- Heating system
- Forced Air, Electric (Heating)
- 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
Listing agent Jake Scheloske License #RS318016 (814) 459-9400
Listing office Agresti Real Estate 2635 W 26th Street, Erie, PA (814) 459-9400
Listing date Mar 28, 2026
MLS# 190057
Listing URL
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.
HighLights
- 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.
- Units feature granite countertops and stainless steel appliances.
- Secure building with 24/7 surveillance and secure entry access.
- On‑site laundry facilities.
Overview
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
Location Insight
- Map
- Local Demand
- City
- Erie
- County
- Erie
- State
- Pennsylvania
- Longitude
- -80.08696
- Latitude
- 42.129719
Nearby Similar for Sale
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.
