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$1,299,900

For Sale

10 hours ago

3082 W 12Th St, Erie, PA

House

MLS® 192156

12 Bed

14 Bath

6343 sqft

14 Parking

  • Key Facts
  • Description
  • Map

Key Facts

Type Multi Family
Levels Residential Income
Size 6343 sqft
Garage 
Taxes $8,989
Days Active 1
Lot Size 1.14 Acres
Approx. Age 1960
Avg. Price Per Sqft $204
MLS® Number 192156

Property Address: 3082 W 12th St, Erie, PA, 16505-3865

Average square foot calculated using Size range provided by listing agent.

Description

Excellent 14-unit value-add opportunity in a prime Millcreek location near the Peninsula corridor! The property includes 2 buildings: a single-story 6-unit building & a two-story 8-unit building, with 12 one-bedroom apartments & 2 efficiencies. Current rents are well below market, creating substantial upside through strategic rent growth, improved management & potential coin-operated laundry income. Improvements include an approximately 12-year-old roof with 35+ year shingles, mostly newer windows & exterior doors, & two functional boilers operating together as one system. Additional land may offer future storage, parking, development or expansion potential, subject to approvals. Located minutes from Presque Isle State Park, Lake Erie beaches, Waldameer, Erie International Airport, shopping & dining. The highly desirable MU-2 Corridor Mixed Use zoning is a major advantage, offering broad flexibility and significant potential for future development, redevelopment or a change of use.
MLS® Number192156
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
Garage
Approx. Age1960
Basement
Driveway
Garage Spaces
HeatGas, Hot Water
A/CNone

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Jul 27, 2026List Date
$1,299,900List Price
  • Commute

Commute

Starting Address
Destination Address
3082 W 12Th St, Erie, PA

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