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    Residential Income Property with Venue Title is generated by Realmo AI

    201 FRONT Street, Warren, PA 16365

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    Claim this Listing
    New
    For Sale
    $699,000

    MULTI_FAMILY - Other - Warren, PA

    Property size:
    6,646 SF
    Price / SF:
    $105/SF
    Added:
    Jun 29, 2026
    Days on Market:
    4
    Last Refresh:
    Jul 2 at 3:06 pm

    Property Features for 201 FRONT Street

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Bedrooms
    4
    Bathrooms
    3
    Rooms
    Bathroom 1, Bedroom 3, Bedroom 1, Bathroom 2, Bedroom 4, Bathroom 3, Bedroom 2
    Standard status
    Active
    APN
    00-000-000.0-000.00
    Size
    6,646 SF

    Taxes and HOA fees

    Tax Year
    2026
    Tax Annual Amount
    3584
    Expense value
    15000
    Expense
    SecurityDeposit
    Expense freq.
    One Time

    Utilities

    Sewer type
    Public Sewer
    Heating system
    Forced Air, Natural Gas
    Water source
    Well
    Water front features
    Waterfront
    Water front
    1

    Building Details

    Year built
    1900
    Floors in Building
    2
    Number of units
    1
    Building materials
    Mixed
    Roof type
    Metal, Rubber
    Architectural style
    Other

    We can help!

    Contact an agent
    Bob List

    Listing agent Bob List License #RS367057

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

    Listing date Jun 29, 2026

    MLS# 191788 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

    • Waterfront property in Warren, PA with two parcels: 201 Front Street and 5 1/2 Oakview Road
    • 201 Front Street: 3 bedrooms and 3 full bathrooms with living/entertaining/guest space
    • Downstairs venue space at 201 Front Street was recently remodeled and includes a waterfall, stone fireplace, and 2 bathrooms
    • 5 1/2 Oakview Road: separate 1‑bedroom, 1‑bath home for added flexibility
    • Heating includes forced air with natural gas; water from well and sewer to public sewer
    • Roof materials include metal and rubber; construction materials listed as mixed

    Overview

    This for-sale package includes two parcels: 201 Front Street and 5 1/2 Oakview Road, combining flexible residential space with a dedicated event-ready area. The main home at 201 Front Street offers three bedrooms and three full bathrooms, with updated living spaces designed for everyday use and hosting. Onsite, a downstairs venue space has been recently remodeled and includes a waterfall feature, a stone fireplace, and two bathrooms to support gatherings or private events.

    Both parcels are described as offering waterfront views in Warren, Pennsylvania, giving the property a scenic backdrop across multiple usable areas. The structure of the package also provides separation between the main residence and the additional home on the second parcel.

    The layout can fit buyers seeking more than a single home, with a three-bedroom, three-bath residence plus a separate one-bedroom, one-bath home at 5 1/2 Oakview Road for additional privacy and flexibility. The presence of a remodeled venue level with dedicated restrooms makes the property particularly workable for tenants or operators looking for a residence-and-event combination, with any event or rental use subject to applicable approvals.

    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 $104.5k $15.72
    − Vacancy −$6.8k −$1.02
    EGI $97.7k $14.70
    − OpEx −$44.0k −$6.61
    NOI $53.7k $8.08
    6,646 SF · lease $15.72/SF/yr · vacancy 6.50% · expense 45.00%

    Alternative Uses

    Best Use
    Apartment 5plus
    $767.5K
    $671.6K – $895.4K (±1% cap)
    NOI $53,726 @ 7.0% cap · market cap 7.69%
    Second Best
    —
    —
    no second resolved use
    Theoretical Best
    Office A
    $1.47M
    $1.28M – $1.71M (±1% cap)
    NOI $102,746 @ 7.0% cap · market cap 14.70%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Single family properties

    Suggested Use

    Law Firm Restaurant Spa & Massage Center Hair Salon Building Supply Nail Salon Auto Repair Shop Gym & Fitness Center Pharmacy Accounting Firm

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

    Location Insight

    • Map
    • Local Demand
    City
    Warren
    County
    Warren
    State
    Pennsylvania
    Longitude
    -79.140831
    Latitude
    41.884552

    FAQs

    What type of property is this?
    Single family property - Two connected homes with waterfront views and a remodeled downstairs venue space with waterfall, fireplace, and two bathrooms.
    Where is this single family property located?
    The property is located at 201 FRONT Street Warren, PA.
    What is the asking price?
    The asking price for this property is $699,000.
    What are key features of this property?
    This property features: Waterfront property in Warren, PA with two parcels: 201 Front Street and 5 1/2 Oakview Road; 201 Front Street: 3 bedrooms and 3 full bathrooms with living/entertaining/guest space; Downstairs venue space at 201 Front Street was recently remodeled and includes a waterfall, stone fireplace, and 2 bathrooms
    More about this property
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