Residential Income in Erie

$210,000

263 18TH, 16502, Erie, PA

Residential Income for sale in Erie, 263 18TH, 16502, 2822 m²

263 18TH, 16502, Erie, PA

$210,000

12Bed
2822
Type: Residential Income

Description

This 12-unit rooming house in Little Italy presents a rare chance to acquire a powerful cash-flowing asset. Each unit, from efficient 8x8 spaces to larger accommodations, is consistently rented, contributing to an impressive and reliable revenue stream. This property isn't just a building; it's a well-managed investment with a consistent rental history. Plus, a dedicated property manager, who has been with the property for years, is available to ensure a seamless transition and continued operational excellence, allowing for a hands-off approach if desired. This is an ideal, high-yield addition for an investor looking to expand their portfolio with a well-established rental property in a high-demand urban location.

Location

263 18TH, 16502, Erie, PA

Data

Object TypeResidential Income
Purchase Price$210,000
Living Space2822 m²
Plot Size199.11 m²
BathroomsN/A
Construction Year1903
ConditionNot specified
RoomsN/A

Energy Information

Heating TypeGas, Hot Water
Primary Energy SourceN/A
Construction Year1903
Energy CertificateN/A
Final Energy DemandN/A
Certificate Valid UntilN/A
Energy Efficiency ClassN/A

Contact Agent

Listing Agent