16502, PA homes for sale & real estate

16502, PA Homes for Sale

Fully occupied west-side Erie duplex offered at $139,900! Excellent opportunity to acquire an income-producing 2-unit property with tenants already in place. First-floor 3BR/1BA rents for $775/mo and second-floor 2BR/1BA rents for $695/mo, providing $1,470/month / $17,640 annual current rent. Property is 100% occupied with leases in place. Established tenancy and an attractive 7.9x gross rent multiple make this an appealing addition to a rental portfolio.

16502, PA Homes for Sale

Handy man special! Mostly cosmetic work needed. Lots of potential that is worth the price! 4 bedrooms, with a possible 5th! Roof and hot water tank replaced in 2024. Electrical upgraded by Dobrich Electric in 2005. Option to purchase the vacant lot next door from Sister's of St Joseph. Could be turned into parking and yard!

16502, PA Homes for Sale

Excellent Northwest Erie investment opportunity near Gannon University, Erie Insurance, UPMC Hamot and downtown! This well-maintained property is a legal 3-unit with a finished third-floor accessory dwelling unit, providing 4 currently rented living spaces. Updated and remodeled units offer great character, in-unit laundry and strong income potential. Tenants pay gas and electric; First floor is heated by hot-water baseboard with a boiler, while the other units have separate forced-air gas furnaces. Roof is approximately 7 years old. Fully occupied, well maintained and positioned for strong cash flow and an attractive cap rate. Buyer to verify zoning, permitted use, occupancy and all inform

16502, PA Homes for Sale

Welcome to 1023 Raspberry St! This property offers a great opportunity for buyers looking to add their own personal touch and build equity. The home does need some updating and TLC, but it has plenty of potential for the right buyer. Whether you're an investor looking for your next project or an owner-occupant ready to make a home your own, this property provides a solid starting point. Conveniently located in Erie with easy access to shopping, dining, schools, and everyday amenities. Bring your ideas and vision and see what this property can become. With the right improvements, this home could truly shine. Property is being sold AS-IS. Seller will make no repairs. Buyer is to verify all m