Multi Family homes for sale & real estate in 16502, PA

Multi Family Home for sale in 16502, PA:

Fantastic investment opportunity in the heart of Erie! This well-maintained duplex at 1224-26 W. 40th St. features separate utilities, individual driveways, and garages for both units. Each spacious two-story unit includes a washer and dryer, a private yard, and functional layouts ideal for long-term tenants or owner-occupants. One unit is already occupied, providing immediate rental income for the new owner. Conveniently located near shopping, schools, and major routes, this property is perfect for investors seeking stable cash flow and long-term value. Don’t miss out on this income-producing opportunity. Schedule your showing today!

Multi Family Home for sale in 16502, PA:

Don't miss your chance to add this very nice duplex on a quiet street to your portfolio. Being offered at a 15% cap rate, this property is perfect for the 1st time, or long term investor. All 1st floor living, and spacious units would also make this a great owner occupied property. Current owner has decided to change investment strategies creating this perfect opportunity. Water service have been separated with 2 meters so tenants pay all utilities. Owner is just responsible for landscaping.

Multi Family Home for sale in 16502, PA:

Whether it be an owner occupied income property or an addition to an income portfolio, this brick flat with 2 nice sized 2 bedroom units, is a great opportunity with tons of potential! Centrally and conveniently located in SW Erie. The first floor has been professionally cleaned and is ready to move-in. Updated double paned vinyl windows, roof (2016) blown in insulation, and A/C in each unit. Private rear parking area across from the park. Separate laundry hookups and individual basement spaces. Separate utilities! Rents are currently below market value.

Multi Family Home for sale in 16502, PA:

2 unit, Commercial office space downstairs, Residential 3 bedroom apartment upstairs. Recently updated.

Multi Family Home for sale in 16502, PA:

Fantastic turnkey investment opportunity! From top to bottom, both units have been totally renovated with new everything, including flooring, walls, paint, roof, kitchens with granite counter tops, baths, windows, doors, metal roof, plumbing, HVAC duct work, and electric. The first floor is a spacious 4-bedroom with a large open floor plan. The second-floor unit is 3 bedrooms and 2 baths with real tile and stone shower, LVP, skylights and real hardwood flooring. The cathedral ceilings add to the open feel of the living space and master bedroom. Huge fenced in back yard. Add this property to your portfolio or perfect for owner-occupant, and let your tenants pay your mortgage!

Multi Family Home for sale in 16502, PA:

Incredible Investment Opportunity in the Heart of the Presque Isle Gateway! Now is your chance to own a well-established mixed-use property with exceptional visibility and income potential. Presque Isle Sports Ltd. features five fully rented commercial units, a spacious 2-bedroom loft apartment above the main building, a separate 4-bedroom single-family home, and a 2-bedroom mobile home — all with long-term tenants in place. This unique property also includes a large storage lot, multiple garages, and additional storage units, offering endless potential for expansion or new business ventures. A rare opportunity to own a turn-key property in a high-traffic, high-demand location!