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71 UNIT INVESTMENT PACKAGE Erie, PA 16502

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For Sale
$3,799,900

MULTI_FAMILY - Erie, PA

Property size:
68,288 SF
Lot size:
3.53 Acres
Added:
Mar 2, 2026
Days on Market:
48
Last Refresh:
Apr 19 at 8:06 am

Property Features for 71 UNIT INVESTMENT PACKAGE

General Information

Property type
Residential Multi Family
Property subtype
Other
Bedrooms
110
Rooms
Bedroom 43, Bedroom 47, Bedroom 76, Bedroom 101, Bedroom 41, Bedroom 34, Bedroom 65, Bedroom 52, Bedroom 39, Bedroom 82, Bedroom 30, Bedroom 68, Bedroom 66, Bedroom 17, Bedroom 69, Bedroom 83, Bedroom 16, Bedroom 53, Bedroom 18, Bedroom 8, Bedroom 40, Bedroom 31, Bedroom 96, Bedroom 12, Bedroom 91, Bedroom 6, Bedroom 77, Bedroom 2, Bedroom 56, Bedroom 61, Bedroom 67, Bedroom 88, Bedroom 11, Bedroom 46, Bedroom 19, Bedroom 97, Bedroom 92, Bedroom 102, Bedroom 60, Bedroom 107, Bedroom 29, Bedroom 74, Bedroom 42, Bedroom 110, Bedroom 21, Bedroom 5, Bedroom 4, Bedroom 95, Bedroom 24, Bedroom 50, Bedroom 75, Bedroom 25, Bedroom 15, Bedroom 23, Bedroom 20, Bedroom 35, Bedroom 63, Bedroom 51, Bedroom 54, Bedroom 48, Bedroom 85, Bedroom 7, Bedroom 9, Bedroom 70, Bedroom 55, Bedroom 36, Bedroom 89, Bedroom 94, Bedroom 106, Bedroom 73, Bedroom 109, Bedroom 84, Bedroom 22, Bedroom 44, Bedroom 64, Bedroom 87, Bedroom 58, Bedroom 105, Bedroom 80, Bedroom 10, Bedroom 26, Bedroom 108, Bedroom 59, Bedroom 33, Bedroom 99, Bedroom 1, Bedroom 81, Bedroom 78, Bedroom 37, Bedroom 79, Bedroom 13, Bedroom 86, Bedroom 57, Bedroom 98, Bedroom 103, Bedroom 104, Bedroom 90, Bedroom 45, Bedroom 72, Bedroom 27, Bedroom 32, Bedroom 38, Bedroom 100, Bedroom 14, Bedroom 49, Bedroom 62, Bedroom 28, Bedroom 93, Bedroom 3, Bedroom 71
Standard status
Active
APN
00-000-000.0-000.00
Size
68,288 SF
Lot size
3.53 Acres

Taxes and HOA fees

Tax Year
2025
Tax Annual Amount
45717
Expense value
50000
Expense
SecurityDeposit
Expense freq.
One Time

Utilities

Sewer type
Public Sewer
Water source
Public

Building Details

Building materials
Mixed

We can help!

Listing Contact
Jake Scheloske

Listing agent Jake Scheloske License #RS318016

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

Listing date Mar 2, 2026

MLS# 189809 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.


Overview

Erie Multifamily Investment Portfolio

This 71-unit investment portfolio presents a cash-flowing opportunity, with a current rent roll exceeding $54,000 per month and over $655,000 annually. Actual expenses are reported at $218,000, resulting in a net operating income (NOI) of over $437,000 per year. The properties include a mix of multi-unit buildings with 9, 5, 4, 3, and several 2-unit configurations, as well as single-family homes. These properties are located throughout the Northwest, Northeast, Southwest, and Southeast areas of Erie. The property size is 68288 square feet on a 3.53-acre lot. The portfolio is being offered as a fully operational business with an experienced property manager in place, handling leasing, maintenance, and lawn care.
Location Intelligence

Current Use by Public Records

Multifamily properties

Map

City
Erie
County
Erie
State
Pennsylvania
Longitude
-80.1014
Latitude
42.1106

FAQs

What type of property is this?
Multifamily property - 71-unit investment portfolio with high cash flow.
Where is this multifamily property located?
The property is located at 71 UNIT INVESTMENT PACKAGE Erie, PA.
What is the asking price?
The asking price for this property is $3,799,900.
What are key features of this property?
This property features: High Net Operating Income (NOI): Generates over $437,000 annually.; Strong Financial Returns: Offers an 11.5+% cap rate and a 27% cash‑on‑cash return.; Substantial Rent Roll: Current rent roll exceeds $54,000/month and $655,000+ annually.
More about this property
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