About This Home

This 5-bedroom, 3-bathroom residential multi family at 1334 NICHOLSON Street in Erie, PA is listed for $305,000 ($165 per sqft). Built in 1970, the home offers 1,845 sqft of living space on a 0.31 acres lot.

Key Features

  • Built in 1970
  • 0.31 acre lot
  • 2 stories
  • 6 parking spaces

Property Details

2 stories
3 full
6 spaces
1970
Listing Description

Investment Opportunity! Fully occupied triplex in desirable Millcreek Township, conveniently located just minutes from Peach Street with easy access to shopping, restaurants, entertainment, and everyday amenities. Situated on a large corner lot, this income-producing property offers ample off-street parking for tenants and guests.

Each unit is occupied, providing immediate cash flow, and tenants enjoy the convenience of laundry hookups. The property features one 1-bedroom apartment and two 2-bedroom apartments, with tenants paying electric and gas while the owner covers water and sewer. Whether you're looking to expand your investment portfolio or purchase your first multifamily property, this well-located, turnkey investment offers strong rental history and long-term potential.

Monthly Cost Estimate

$1,631/mo

20% down · 6.5% · 30 years

Principal$221
Interest$1,322
Insurance$89

Estimates only. Actual payments may vary.

Location

1334 NICHOLSON Street

Erie, PA 16509

Property Details

Construction

VinylSiding

Heating

Natural GasForced Air

Questions & Answers

This 5-bedroom, 3-bathroom residential multi family at 1334 NICHOLSON Street is listed at $305,000 ($165/sqft). The estimated monthly payment is $1,631 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1970, 0.31 acre lot, 2 stories, 6 parking spaces.

This property is listed by Amanda Serafini.

AS

Amanda Serafini

License RS326773

Agent at RE/MAX Real Estate Group

Listed by RE/MAX Real Estate Group · Broker phone: (814) 833-9801 · View on Broker Site · Broker website

MLS# 192418· Source: Greater Erie Board of Realtors MLS· 90 days on PropertySimple

Copyright © 2026 Greater Erie Board of Realtors MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

1334 NICHOLSON Street, Erie, PA 16509

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