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. The third is stripped down to the bones and ready for your vision. Could be a 2-3 bedroom apartment, or turned into a commercial space. 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 16030025020900Show Description
MLS® Number185862
Laundry Level
Central VacNo
FireplaceNo
Acreage0.43
Exterior
GarageNo
Approx. Age1952
Basement
Driveway
Garage Spaces
HeatForced Air, Gas
A/CNone
Heating Fuel
Extras
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