181 ROBISON Road W, Erie, PA 16509
MULTI_FAMILY - Other - Erie, PA
- Added:
- Jul 1, 2026
- Days on Market:
- 2
- Last Refresh:
- Jul 2 at 3:06 pm
Property Features for 181 ROBISON Road W
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 2
- Rooms
- Bedroom 1, Bedroom 2
- Standard status
- Active
- APN
- 40-014-086.0-006.00
- Size
- 1,824 SF
- Lot size
- 1.04 Acres
Taxes and HOA fees
- Tax Year
- 2026
- Tax Annual Amount
- 2692
- Expense value
- 5000
- Expense
- SecurityDeposit
- Expense freq.
- One Time
Utilities
- Sewer type
- Septic Tank
- Heating system
- Natural Gas, Forced Air
- Water source
- Public
Building Details
- Year built
- 1948
- Floors in Building
- 2
- Building materials
- VinylSiding
- Roof type
- Metal
- Architectural style
- Other
Listing agent Caleb Kowalczyk License #RS364924 (814) 873-7793
Listing office eXp Realty - Meadville 965 S Main St, Pittsburgh, PA (888) 397-7352
Listing date Jul 1, 2026
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
- 21x21 living room with wood burning fireplace and access to the deck overlooking a private backyard
- Original structure with hardwood floors in the bedroom and family room that can be converted into a third bedroom
- Large primary bedroom with walkout access and a half bath
- Metal roof on the entire home; vinyl siding
- Utilities: public water and septic tank; heating includes natural gas forced air
- Over 1‑acre property with a shed and a small stream on the west side
Overview
The site includes approximately 1.043 acres and is located in Erie County, with access described as minutes from I-90, I-79, and Peach Street shopping and restaurants, as well as Perry Highway.
For buyers seeking a value-add renovation, the current layout is described as convertible to a 3-bedroom, 2.5-bath configuration. The seller also characterizes the asset as suitable for a fix-and-flip strategy. The listing is offered on a cash-only basis, reflecting the property’s current condition.
Local Financial Insights For Apartment 5plus
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $21.2k | $11.64 |
| − Vacancy | −$849 | −$0.47 |
| EGI | $20.4k | $11.17 |
| − OpEx | −$9.2k | −$5.03 |
| NOI | $11.2k | $6.15 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Erie
- County
- Erie
- State
- Pennsylvania
- Longitude
- -80.034387
- Latitude
- 42.058113
