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USAPAErie14 W 26Th St
14 W 26 Th St, Home with 27 bedrooms, 35 bathrooms and null parking in Erie PA | Image 1
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$1,550,000

14 W 26 Th St, Erie, PA

Real Estate

For Sale

$--,---,---
27350
  • Key Facts
  • Description
  • Map

Key Facts

Type Multi Family
Levels Residential Income
Size 29192 sqft
Garage No
Taxes $23,365
Days Active 1
Lot Size 
Approx. Age 1894
Avg. Price Per Sqft $53
MLS® Number 184218

Property Address: 

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

Description

Seize this rare opportunity to add Midtown Apartments to your portfolio—a 35 unit complex in the heart of the Federal Hill Neighborhood! Comprising of 31 residential units and 4 commercial spaces, plus coin-operated laundry, this property offers multiple streams of income. Offered at a 10.2% CAP RATE, the asset delivers stable cash flow with all units secured by long-term leases. Numerous interior and exterior improvements have been completed in recent years—See capital improvement list for further details (including exterior work that is currently underway). The recently paved parking lot provides ample off-street parking for tenants. Positioned at a centrally-located intersection, this property is within close proximity to Gannon University, UPMC Hamot, Erie Insurance, Saint Vincent Hospital, State Street, Lake Erie, and public transportation, maximizing accessibility. Don’t miss the chance to invest in this asset with strong current returns and even more upside potential!Show Description
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Walk Score®
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Transit Score®
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Bike Score®
MLS® Number184218
Laundry Level
Central VacNo
FireplaceNo
Acreage0.69
Exterior
GarageNo
Approx. Age1894
Basement
Driveway
Garage Spaces
HeatGas, Hot Water
A/CNone
Heating Fuel

Extras

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