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About This Home
This 6-bedroom, 8-bathroom residential multi family at 1029 31 EAST Avenue in Erie, PA is listed for $389,900 ($51 per sqft). Built in 1909, the home offers 7,667 sqft of living space on a 0.11 acres lot.
Positioned within a commercial zoning district allowing a variety of retail, office and service uses, this property includes two storefront units and six residential units (four 1 bedroom apartments and two efficiency units), all currently leased and generating steady income.
This property also features a 30' x 40' warehouse/garage space offering additional flexibility for future rental income, use, or storage. Corner location provides strong visibility, accessibility, and consistent traffic exposure with convenient access to ,major roadways, public transportation and nearby amenities. The diversified unit mix enhances occupancy stability and supports consistent rental demand, offering a solid, income-generating opportunity in an established area of Erie.
Key Features
- Built in 1909
- 0.11 acre lot
- 2 stories
- 4 parking spaces
Property Details
Amenities
Monthly Cost Estimate
$2,085/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
1029 31 EAST Avenue
Erie, PA 16503
Property Details
Construction
Heating
Cooling
Questions & Answers
This 6-bedroom, 8-bathroom residential multi family at 1029 31 EAST Avenue is listed at $389,900 ($51/sqft). The estimated monthly payment is $1,690 based on 20% down at 6.5% interest.
Key features include: Built in 1909, 0.11 acre lot, 2 stories, 4 parking spaces.
This property is listed by Stephen Chiz and can be reached at 8148823989 or steve@tryagresti.com.