Erie Pennsylvania Apartment Building for Sale

Erie, PA apartment building for sale in a great location at 639, 643 & 643 1/2 E. 11th St. It is an 11 unit property consisting of 2 buildings. The front building houses 9 units and is 6407 sq. ft. The rear building has 2 large units and is 2714 sq. ft. Apartments and an office. Currently generating close to $7,200 per month totaling over $86,000 yearly. Excellent property for investment.

All the units also have separate electric meters. One apartment has remodeled kitchen and bathroom with rent increased to $897 per month.

The building construction consists of frame and cement block, brick and composition shingles, aluminum siding, soffit, gutters and downspouts. 4 new trinity boilers with new gas lines for the heating system with back-ups for emergencies. There are new windows, new electrical, brand new boilers, new copper plumbing throughout, new insulated rubber roofs. There are 2 on-site coin operated laundry facilities. Each unit has access to enclosed, screened aluminum patios and are fully furnished including appliances and air conditioners. The upstairs apartment in the rear building contains a newly constructed office built in 2014. Property has been newly landscaped and has a secure, well-lit off street parking lot.

Contact Seller Patrick Rutkowski:

Phone at 814-450-9595

Email: prcrown47@gmail.com