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Ad #7345015
MLS #189809
Listing photo

This 71-unit investment portfolio is a rare, cash-flowing

71 UNIT INVESTMENT PACKAGE, Erie, Pennsylvania, 16502
$3,799,900
110Beds
--Baths
68,288Sqft
3.530Acres

About this property

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!

Property Features

110 Beds
0 Baths
68,288 Sqft
3.530 Acres
Siding: Mixed
$45,717 / yr property tax
Erie County

Additional Photos

Additional listing photo 1
Additional listing photo 2
Additional listing photo 3
Additional listing photo 4

Contact Information

Jake Scheloske

Agresti Real Estate

814-449-7973

Location

Map
Listing Agent: Jake Scheloske (License #: RS318016) 814-449-7973
Broker: Agresti Real Estate 814-459-9400 Listing Site
Copyright © 2026 Greater Erie Board of Realtors MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
BeachHouse.com
Printed Jul 24, 2026

Photo Gallery

This 71-unit investment portfolio is a rare, cash-flowing - photo 1
This 71-unit investment portfolio is a rare, cash-flowing - photo 2
This 71-unit investment portfolio is a rare, cash-flowing - photo 3
This 71-unit investment portfolio is a rare, cash-flowing - photo 4
This 71-unit investment portfolio is a rare, cash-flowing - photo 5
This 71-unit investment portfolio is a rare, cash-flowing - photo 6
This 71-unit investment portfolio is a rare, cash-flowing - photo 7
This 71-unit investment portfolio is a rare, cash-flowing - photo 8
This 71-unit investment portfolio is a rare, cash-flowing - photo 9
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This 71-unit investment portfolio is a rare, cash-flowing - photo 11
This 71-unit investment portfolio is a rare, cash-flowing - photo 12
This 71-unit investment portfolio is a rare, cash-flowing - photo 13
This 71-unit investment portfolio is a rare, cash-flowing - photo 14
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This 71-unit investment portfolio is a rare, cash-flowing - photo 17
This 71-unit investment portfolio is a rare, cash-flowing - photo 18
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This 71-unit investment portfolio is a rare, cash-flowing - photo 22
This 71-unit investment portfolio is a rare, cash-flowing - photo 23
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This 71-unit investment portfolio is a rare, cash-flowing - photo 25
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This 71-unit investment portfolio is a rare, cash-flowing - photo 27
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This 71-unit investment portfolio is a rare, cash-flowing - photo 31
This 71-unit investment portfolio is a rare, cash-flowing - photo 32
This 71-unit investment portfolio is a rare, cash-flowing - photo 33
This 71-unit investment portfolio is a rare, cash-flowing - photo 34
This 71-unit investment portfolio is a rare, cash-flowing - photo 35
This 71-unit investment portfolio is a rare, cash-flowing - photo 36

$3,799,900

110
Beds
--
Baths
68,288
Sqft

71 UNIT INVESTMENT PACKAGE, Erie, Pennsylvania, 16502

By contacting this agent you agree to these Terms and Conditions.
Home Pennsylvania Erie
This 71-unit investment portfolio is a rare, cash-flowing - photo 1
This 71-unit investment portfolio is a rare, cash-flowing - photo 2
This 71-unit investment portfolio is a rare, cash-flowing - photo 3
This 71-unit investment portfolio is a rare, cash-flowing - photo 4
This 71-unit investment portfolio is a rare, cash-flowing - photo 5
MLS# 189809
Home Sale Pending

This 71-unit investment portfolio is a rare, cash-flowing

$3,799,900

71 UNIT INVESTMENT PACKAGE, Erie, Pennsylvania, 16502

110
Beds
--
Baths
68,288
Sqft
3.530
Acres
$3,799,900
71 UNIT INVESTMENT PACKAGE, Erie, Pennsylvania, 16502
110 Beds
-- Baths
68,288 Sqft
3.530 Acres
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!
143 days
on BeachHouse.com
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Property Details

HOME DETAILS

110 Beds
0 Baths
68,288 Sqft
3.530 Acres

EXTERIOR

Siding: Mixed

FINANCIAL & COMMUNITY

$45,717 / yr property tax
Erie County
See More Details

Location

Map
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Ad Statistics

Ad Number
7345015
Viewed
153 times
Listing Status
Pending
Added
Mar 02, 2026
Last Refresh
Jul 24, 2026 04:01:17 PM

Listing Information

Data Source
Greater Erie Board of Realtors MLS
Source Property ID
189809
Listing Agent: Jake Scheloske (License #: RS318016) 814-449-7973
Broker: Agresti Real Estate 814-459-9400 Listing Site
Copyright © 2026 Greater Erie Board of Realtors MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

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By proceeding, you authorize Dream Home Network Inc., its service providers (including real estate professionals such as Brokers, Listing Agents, Buyers Agents, and local referral partners), its affiliates, and other real estate professionals that may not be associated with Dream Home Network, to contact you using the contact details you provided, via email, phone call, and text (SMS), including using automated dialing technology and prerecorded and artificial voice, for marketing or advertising purposes, including contacting you about your inquiry and other home-related matters. You understand that your consent to the foregoing is not a condition of any purchase. Message and data rates may apply. This consent applies even if you are on a corporate, state or national Do Not Call list. Dream Home Network Inc. may share information about your recent and future site activity with its affiliates and service providers (including real estate professionals such as Brokers, Listing Agents, Buyers Agents, and local referral partners) to help them better understand what you are looking for in a property. To opt-out at any time you can reply "STOP" or contact Dream Home Network Inc. at csv@dreamhomenetwork.com.

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By proceeding, you authorize Dream Home Network Inc., its service providers (including real estate professionals such as Brokers, Listing Agents, Buyers Agents, and local referral partners), its affiliates, and other real estate professionals that may not be associated with Dream Home Network, to contact you using the contact details you provided, via email, phone call, and text (SMS), including using automated dialing technology and prerecorded and artificial voice, for marketing or advertising purposes, including contacting you about your inquiry and other home-related matters. You understand that your consent to the foregoing is not a condition of any purchase. Message and data rates may apply. This consent applies even if you are on a corporate, state or national Do Not Call list. Dream Home Network Inc. may share information about your recent and future site activity with its affiliates and service providers (including real estate professionals such as Brokers, Listing Agents, Buyers Agents, and local referral partners) to help them better understand what you are looking for in a property. To opt-out at any time you can reply "STOP" or contact Dream Home Network Inc. at csv@dreamhomenetwork.com.
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SEARCH STATES
Alabama Alaska California Colorado Connecticut Delaware Florida Georgia Hawaii Louisiana Maine Maryland Mississippi New Hampshire New Jersey New York North Carolina Oregon Pennsylvania Rhode Island South Carolina Texas Virginia Washington
SERVICES
Buy Buy Advertise
COMPANY
Testimonials About Us Office Locations
SUPPORT
Help Contact Us
ADDITIONAL MARKETS
LakeHouse.com MountainHomes.com GolfHomes.com BarrierFreeHome.com
SUBSCRIBE
Receive notifications for new listings
Subscribe
X Facebook Instagram YouTube

Dream Home Network Inc.

is committed to ensuring digital accessibility and property listings for individuals with disabilities. All information provided is deemed reliable but is not guaranteed and should be independently verified. We are continuously working to improve the accessibility of our web experience for everyone, and we welcome feedback and accommodation requests. If you wish to report an issue or seek an accommodation, please let us know.

Dream Home Network Inc. Sells leads to DHN Realty Inc. who holds real estate brokerage licenses in Alabama. Listing agents will be sent notification copy of leads on their listings where Dream Home Network Inc. is provided listings via our Feed Provider as required.

© 1997 - 2026 BeachHouse.com
Part of Dream Home Network, Inc.
Last updated on 2026.07.24
Terms & Policy