About This Home
This 18-bedroom, 0-bathroom residential multi family at 3216 BUFFALO Road in Erie, PA is listed for $899,900 ($122 per sqft). Built in 1900, the home offers 7,354 sqft of living space on a 1.23 acres lot.
Key Features
- Built in 1900
- 1.23 acre lot
Property Details
Mobile home park and rooming house investment opportunity on 1.23 acres, offering multiple income streams and strong value-add potential. The property includes 18 mobile home pads, 10 rental rooms, and 1 apartment, creating a diverse tenant mix and solid occupancy.
This asset offers immediate cash flow with room for future income growth through operational improvements and rent increases. The newer 24' x 48' x 12' garage provides additional utility and may be ideal for a small business, vehicle storage, or equipment use. Off-street parking adds convenience and functionality. Conveniently located near major roadways and area amenities, this is a rare opportunity to acquire a mixed-use residential investment with strong returns and long-term upside.
Monthly Cost Estimate
$4,813/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
3216 BUFFALO Road
Erie, PA 16510
Property Details
Construction
Heating
Questions & Answers
This 18-bedroom, 0-bathroom residential multi family at 3216 BUFFALO Road is listed at $899,900 ($122/sqft). The estimated monthly payment is $4,812 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.
Key features include: Built in 1900, 1.23 acre lot.
This property is listed by Nicholas Marinelli and can be reached at 8148066300.