- 110
- beds
- 68,288
- sqft
- Status:
- Pending
- MLS #:
- 189809
- County:
- Erie
- Listed By:
- Jake Scheloske - Agresti Real Estate
- Agent Phone:
- (814) 449-7973
- Agent Email:
- jake@tryagresti.com
Sponsoring Broker: Derek Eisenberg, Continental Real Estate Group, Inc
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!
-
- Bedrooms
- 110
-
- Architectural Style
- See Remarks
-
- Living Area
- 68288.0
-
- Heating
- See Remarks
-
- Acres
- 3.53
-
- Water
- Public
-
- Area
- 1 - Erie Northeast
-
- County
- Erie
-
- City
- Erie
-
- Zip Code
- 16502
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Frequently Asked Questions
How do I schedule a tour of 71 Unit #INVESTMENT PACKAGE?
We can make that happen quickly. Click Tour This Home and we'll connect you directly with our vetted local partner to schedule your visit to 71 Unit #INVESTMENT PACKAGE.
They know residential incomes in the area well and can give you the guidance you need to buy with confidence.
How do I get more information about 71 Unit #INVESTMENT PACKAGE?
Click Ask a Question to talk with our team. You already know it is a 110 bed, N/A bath, listed for $3,799,900. We can talk through recent upgrades, potential seller motivation, how this multi family compares to others in Erie, and can even get you in to see the property quickly.
How much is the monthly mortgage payment for 71 Unit #INVESTMENT PACKAGE?
With a 20% down payment and a 30-year fixed loan at an illustrative 7.25% rate, the ez Mortgage Calculator estimates the monthly payment for 71 Unit #INVESTMENT PACKAGE at around $25,434. This includes estimated property taxes and insurance.
Want to see how this changes with different down payments or interest rates? Jump to the calculator to run the numbers and fine-tune your plan.
How do I get pre-approved to buy 71 Unit #INVESTMENT PACKAGE?
Stand out in a competitive market by getting pre-approved today. Our quick and private pre-approval process helps you understand your true buying power—no credit pull required to explore all of your options.
Or, let us connect you with our preferred local lender in Erie County. They will give you all of your available financing options, based on your specific situation and what is available to you.
Can I negotiate the asking price for 71 Unit #INVESTMENT PACKAGE?
In most cases, yes. Whether 71 Unit #INVESTMENT PACKAGE is priced competitively or not, your best offer depends on your personal situation, the seller's timeline, and recent activity in Erie's market. Our preferred local partner will help you craft a strategy—factoring in comparable properties that have sold, timing, and deal structure—to make a smart, strong offer. Click here to ask about negotiation opportunities.
How do I make an offer on 71 Unit #INVESTMENT PACKAGE?
We can handle that for you. Our preferred local agent specializes in residential incomes in Erie and can guide you through every step of the offer process.
You need an expert who is looking out for your best interests. From market valuation to contingencies and timing, they'll help you present a compelling offer that fits your goals. Click Ask a Question to get started today.
What is the price per square foot for this home?
This home is listed at $3,799,900 with 68,288 sqft of space—that comes out to approximately $56 per square foot.
How long has this property been on the market?
71 Unit #INVESTMENT PACKAGE was listed on March 02, 2026, which means it's been on the market for 252 days.
Want to keep tabs on it? Click the ♥ to favorite this home and get notified of price drops or changes.
What is the lot size of this property?
71 Unit #INVESTMENT PACKAGE sits on a 3.53-acre lot, which is 153,767 square feet.
What are the property taxes for 71 Unit #INVESTMENT PACKAGE?
The most recent public record shows annual property taxes for 71 Unit #INVESTMENT PACKAGE were approximately $45,717. This may change with reassessment or exemptions. Our local partner can verify current tax amounts and help you estimate future costs based on your situation.
Is 71 Unit #INVESTMENT PACKAGE still available for sale?
This home is pending sale, which means the seller has accepted an offer. You can favorite it to track status or ask our expert to help you find similar homes in this area. We'll also let you know if this property comes back on the market.
Source: ez Home Search, MLS Data
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Listing information provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed by the MLS. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed. Copyright 2026, Greater Erie Board of REALTORS. All rights reserved.
Last Updated: November 09, 2026 at 02:54AM | Source: Greater Erie Board of REALTORS | MLS#: 189809