Ad #7345015
MLS #189809
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
Contact Information
Jake Scheloske
Agresti Real Estate
814-449-7973
Location
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.
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
$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.
MLS# 189809
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!
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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
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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.
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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