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71 Unit Investment Package, 
Erie, PA 16502

$3,799,900

110

Beds

—

Bath

68,288

Sq Ft

Multi-Family

Active

Listed by

Jake Scheloske

Agresti Real Estate

814-459-9400

Last updated:

March 4, 2026, 12:46 AM

MLS#

189809

Source:

PA GEBR

About This Home

71 Unit Investment Package

This 71-unit investment portfolio is a rare, cash-flowing machine with a current rent roll exceeding $54,000/month and $655,000+ annually. With actual expenses at just $218,000, you’re netting over $437,000/year in NOI — that’s an 11.5+% cap rate, 27% cash-on-cash return, and a 1.89 DSCR. The well-maintained properties include a mix of multi-units (9, 5, 4, 3, and several 2-units) and single-family homes spread throughout NW, NE, SW, and SE Erie. Step into a fully operational business with an experienced property manager in place, handling leasing, maintenance, lawn care, and more. Seller-owned for years and now retiring — don’t miss this chance to buy instant equity and own a high-performing, turn-key investment. If sold separately, the package could be worth a lot more. Seize this grand slam opportunity today!

Home Facts

Multi-Family

110 Bedrooms

Price Summary

3,799,900

$55 per Sq. Ft.

MLS #:

189809

Last Updated:

March 4, 2026, 12:46 AM

Added:

2 day(s) ago

Rooms & Interior

Bedrooms

Total Bedrooms:

110

Interior

Living Area:

68,288 Sq. Ft.

Structure

Structure

Building Area:

68,288 Sq. Ft.

Lot

Lot Size (Sq. Ft):

153,766

Finances & Disclosures

Finances

Price:

$3,799,900

Price per Sq. Ft:

$55 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. © 2026 Greater Erie Board Of REALTORS® Mls All rights reserved.

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Contact an Agent

Yes, I would like more information. Please use and/or share my information with a Coldwell Banker ® affiliated agent to contact me about my real estate needs. By clicking Contact, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If a Coldwell Banker affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE®, CENTURY 21®, Corcoran®, ERA®, or Sotheby's International Realty®). I acknowledge that I have read and agree to the terms of use and privacy notice.