Erie Multifamily Investment
71 UNIT INVESTMENT PACKAGE Erie, PA 16502
71 UNIT INVESTMENT PACKAGE, Erie, PA, 16502
$3,799,900
Pending
For Sale
$3,799,900
Pending
MULTI_FAMILY - Erie, PA
Property Size68,288 SF
Lot Size3.53 Acres
Days on Market139
Property Features for 71 UNIT INVESTMENT PACKAGE
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 110
- Rooms
- Bedroom 7, Bedroom 42, Bedroom 79, Bedroom 68, Bedroom 48, Bedroom 55, Bedroom 14, Bedroom 87, Bedroom 110, Bedroom 93, Bedroom 18, Bedroom 74, Bedroom 84, Bedroom 24, Bedroom 57, Bedroom 80, Bedroom 94, Bedroom 70, Bedroom 60, Bedroom 22, Bedroom 51, Bedroom 28, Bedroom 36, Bedroom 56, Bedroom 67, Bedroom 5, Bedroom 29, Bedroom 40, Bedroom 107, Bedroom 8, Bedroom 47, Bedroom 89, Bedroom 106, Bedroom 34, Bedroom 12, Bedroom 97, Bedroom 109, Bedroom 85, Bedroom 65, Bedroom 21, Bedroom 23, Bedroom 50, Bedroom 63, Bedroom 26, Bedroom 43, Bedroom 58, Bedroom 95, Bedroom 19, Bedroom 73, Bedroom 77, Bedroom 15, Bedroom 78, Bedroom 62, Bedroom 6, Bedroom 52, Bedroom 3, Bedroom 100, Bedroom 101, Bedroom 33, Bedroom 104, Bedroom 11, Bedroom 9, Bedroom 27, Bedroom 88, Bedroom 25, Bedroom 54, Bedroom 37, Bedroom 66, Bedroom 44, Bedroom 76, Bedroom 16, Bedroom 71, Bedroom 81, Bedroom 82, Bedroom 45, Bedroom 92, Bedroom 46, Bedroom 1, Bedroom 61, Bedroom 49, Bedroom 10, Bedroom 105, Bedroom 64, Bedroom 83, Bedroom 75, Bedroom 20, Bedroom 86, Bedroom 35, Bedroom 41, Bedroom 17, Bedroom 96, Bedroom 39, Bedroom 102, Bedroom 69, Bedroom 53, Bedroom 4, Bedroom 98, Bedroom 30, Bedroom 31, Bedroom 90, Bedroom 103, Bedroom 99, Bedroom 32, Bedroom 2, Bedroom 59, Bedroom 91, Bedroom 108, Bedroom 72, Bedroom 38, Bedroom 13
- Standard status
- Pending
- 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
Listing Agency
Agresti Real Estate
(814) 459-9400
2635 W 26th Street, Erie, PA
Listed by
Jake Scheloske · License #RS318016
(814) 449-7973
Added: Mar 2 Checked: Jul 19 at 4:06 am
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.
Investment Insights
Based on property information with market context.
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.
Key Highlights
- 71‑unit investment portfolio with a current rent roll exceeding $54,000/month and $655,000+ annually
- Actual expenses reported at $218,000, resulting in $437,000+ NOI (11.5%+ cap rate, 27% cash‑on‑cash, 1.89 DSCR)
- Unit mix includes multi‑units (9-, 5-, 4-, and 3‑unit buildings) plus several 2‑unit buildings and single‑family homes
Property Analytics
Location Intelligence
Current Use by Public Records
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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: 71‑unit investment portfolio with a current rent roll exceeding $54,000/month and $655,000+ annually; Actual expenses reported at $218,000, resulting in $437,000+ NOI (11.5%+ cap rate, 27% cash‑on‑cash, 1.89 DSCR); Unit mix includes multi‑units (9-, 5-, 4-, and 3‑unit buildings) plus several 2‑unit buildings and single‑family homes
