71 UNIT INVESTMENT PACKAGE, Erie, PA 16502

• 110 beds
• 68,288 sqft

Property Description

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!

Listing Status:

Active

Data Last Updated:

May 20, 2026 at 5:17PM

Listing Office:

Agresti Real Estate : (814) 459-9400

MLS ID:

189809

Interior

• A/C: See Remarks
• Heating: See Remarks

Exterior

• Style: See Remarks

Construction

• Roofing: See Remarks
• General: Mixed

Location

• Road/Access: Paved
• Originating MLS: GEBOR_GEBOR
• School District: City-Erie
• County: Erie

Lot

• Zoning: 00-000-000.0-000.00

Utilities

• Water: Public
• Sewer: Public Sewer

Financial

• Source: GEBOR_GEBOR