About This Home
This 11-bedroom, 0-bathroom residential multi family at 226 W 8TH Street in Erie, PA is listed for $440,000 ($76 per sqft). Built in 1905, the home offers 5,805 sqft of living space on a N/A lot.
Key Features
- Built in 1905
- 3 stories
- 5 parking spaces
Property Details
Attention Investors! In the heart of Gannon housing, this is a great opportunity to grow your portfolio with 8 "units" at 11% cap rate at full capacity. First floor offers a common area and a two bedroom apartment. Second floor offers 6 single bedrooms with a common kitchen and two bathrooms. The third floor is a one bedroom apartment. There is off-street parking for 6 cars, both a sprinkler system & security systems. Driveway is shared. Owner bills back first and third floor tenants. 2nd floor is all inclusive.
Monthly Cost Estimate
$2,353/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
226 W 8TH Street
Erie, PA 16502
Property Details
Construction
Heating
Questions & Answers
This 11-bedroom, 0-bathroom residential multi family at 226 W 8TH Street is listed at $440,000 ($76/sqft). The estimated monthly payment is $2,353 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.
Key features include: Built in 1905, 3 stories, 5 parking spaces.
This property is listed by Jennifer Pontzer and can be reached at 8145720419.
