225 W 2ND Street, Erie, PA 16507

Pending

$299,900

bedrooms

bathrooms

square feet

4,656

Acreage

0.1212

Open Houses

year built

1852

Full Baths

Half Baths

Find out more

Extremely rare opportunity to add this 5 unit building right off the bayfront to your portfolio. This beautifully well-maintained building is being offered at a 9 cap WITH MANAGEMENT COSTS INCLUDED! Income and expenses are real world numbers of the 2024 year. Units are always in demand and easy to rent out being walking distance to Gannon, Hamot, the bayfront, and all downtown Erie has to offer. Currently being professionally managed, and the manager would be happy to stay on for new owner. Large lot (55.5 X 165)next to the building is included with the sale creating opportunity to build another multi unit building, tiny homes, or parking.

Location
Subdivision	-
County	Erie
Elementary School	-
Middle School	-
High School	-

Exact location data not provided

Driving directions

Open houses

None scheduled.

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MLS number: 181554

Listing agent: Brandon Penn #RS324868

Listing broker: North Pittsburgh Realty Lp (724) 933-8500

Copyright © 2025 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. [source]

Last update: Tuesday, April 22 2025 at 8:30 p.m. EDT

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