$2,750,000

38 N PARK Row, Erie, PA 16501

  • 23 beds |
  • 18 baths |
  • 13,200 sqft
  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in 1868
  • Property Lot Size Icon3,485sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $208/sqft
  • Property List Date Icon Listed 4 days ago

Property Description

This exceptional investment opportunity features 17 residential units & 1 commercial space (18) ideally located in the heart of downtown Erie. Positioned w/in close proximity to Gannon University, Erie Insurance, UPMC, the Bayfront & a vibrant mix of restaurants & nightlife the property offers strong tenant demand & long-term stability. The building has been completely remodeled from basement to roof including updated flooring, windows, plumbing, electrical systems, & mechanicals ensuring low maintenance & modern efficiency. Each unit is thoughtfully designed most w/granite countertops & stainless steel appliances delivering a high-end living experience that attracts quality tenants. 24/7 surveillance system & secure entry access provides a safe & controlled environment for residents. Convenient on-site laundry. With 100% occupancy this turnkey asset presents a fantastic cash flow opportunity for investors seeking immediate returns & long-term appreciation in a prime location.

Listing Status:
Active
Data Last Updated:
April 1, 2026 at 10:19PM
Listing Office:
Agresti Real Estate : (814) 459-9400
MLS ID:
190057
  • A/C: None
  • Heating: ElectricForced Air
  • Style: Three Story
  • Roofing: Rubber
  • General: BrickBlockThree Or More
  • Road/Access: Paved
  • Originating MLS: GEBOR_GEBOR
  • School District: City-Erie
  • County: Erie
  • Zoning: 17-040-002.0-110.00
  • Water: Public
  • Sewer: Public Sewer
  • Source: GEBOR_GEBOR

This listing courtesy of Agresti Real Estate

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

P

Pfeiffer-Burleigh Elementary School

235 E 11th St, Erie, PA, 16503

Grades PK-5

0.57 miles away

E

East Middle School

1001 Atkins St, Erie, PA, 16503

Grades 6-8

1.40 miles away

N

Northwest PA Collegiate Academy

2825 State St, Erie, PA, 16508

Grades 9-12

1.56 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.