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Listed price in listed location currency (USD).
$294,900

1100

MLS® 188833

  • Key Facts
  • Description
  • Map

Key Facts

Type Multi Family
Levels Residential Income
Size 7284 sqft
Garage No
Taxes $4,842
Days Active 22
Lot Size 0.43 acres
Approx. Age 1952
Avg. Price Per Sqft $40
MLS® Number 188833

Property Address: 423-421 8th St, Erie, PA, 16502-1336

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

Description

Seller's investment strategy is changing, allowing for this huge opportunity for the next willing and able investor! For the investor willing to put in the work this is a fantastic building to create amazing cashflow and add a legacy building property to their portfolio. 2 of the vacant units just need a cosmetic uplift. One is stripped down to the bones and ready for your vision. Could be a 2-3 bedroom apartment, or turned into a commercial space. 2 occupied and 2 vacant are going to need a good bit of work. If you have the vision and means, this will be an amazing property that does not come available often! Walking distance to Gannon University, and everything downtown Erie has to offer. Being offered at a projected 14.5 cap with real world management in place. Currently professionally managed, and manager willing to stay on for the next owner. Sale also includes 2 lots 16030025020300 and 16030025020900
MLS® Number188833
Laundry Level
Central VacNo
FireplaceNo
Acreage0.43
Exterior
GarageNo
Approx. Age1952
Basement
Driveway
Garage Spaces0
Heat
A/C
Heating Fuel

Extras

Similar Listings

Price History

-End Date
Not Sold YetSold Price

For Sale

Nov 14, 2025List Date
$294,900List Price
  • Commute

Commute

Starting Address
Destination Address
421 8 Th St, Erie, PA

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