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22 Unit Investment Package, 
Erie, PA 16503

$1,200,000


45

Beds


Bath


23,690

Sq Ft


Multi-Family

Active

Listed by

Natasha Chiz

Agresti Real Estate

814-459-9400

Last updated:

November 15, 2025, 04:12 PM

MLS#

188805

Source:

PA GEBR

About This Home

22 Unit Investment Package

This 22-unit investment portfolio with an additional vacant parcel is a high yield opportunity delivering real cash flow and strong returns. With an annual rent roll of $197,700 and expenses of just $51,465, the portfolio produces a solid NOI of $144,783, translating to an 12% cap rate, 28% cash-on-cash return, and 1.89 DSCR. The properties include a mix of 2, 3, 4, and 5-unit buildings across NE Erie, offering a balanced spread of units and steady occupancy. Strong in place performance with clear potential to further increase income and long-term value. Don’t miss your chance to own this income-producing portfolio.

Home Facts

Multi-Family

45 Bedrooms

Price Summary

1,200,000

$50 per Sq. Ft.

MLS #:

188805

Last Updated:

November 15, 2025, 04:12 PM

Added:

7 day(s) ago


Rooms & Interior

Bedrooms

Total Bedrooms:

45

Interior

Living Area:

23,690 Sq. Ft.


Structure

Structure

Building Area:

23,690 Sq. Ft.


Lot

Lot Size (Sq. Ft):

28,313


Finances & Disclosures

Finances

Price:

$1,200,000

Price per Sq. Ft:

$50 per Sq. Ft.

Source:PA GEBR
The information being provided by Greater Erie Board Of REALTORS® Mls is for the consumer’s personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The information is deemed reliable but not guaranteed and should therefore be independently verified. © 2025 Greater Erie Board Of REALTORS® Mls All rights reserved.

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