179 Kelso Drive, Erie, PA 16505
Local realty services provided by:ERA Richmond Real Estate Service
179 Kelso Drive,Erie, PA 16505
$699,900
- 9 Beds
- 7 Baths
- 8,592 sq. ft.
- Multi-family
- Pending
Listed by:jake scheloske
Office:agresti real estate
MLS#:182307
Source:PA_GEBR
Price summary
- Price:$699,900
- Price per sq. ft.:$81.46
About this home
This Airbnb gem near Kelso Beach is the investment opportunity you’ve been waiting for—with a *projected 20% cap rate* and no fluff in the numbers. Located in Millcreek’s Limited Lodging Overlay District, this fully renovated property offers private beach access, is steps from Waldameer, and just 2 minutes from Presque Isle. Featuring 7 rentable units (including a 5-unit building with office + separate house), off-street parking, 2.5-car garage, and a private lot. Renovations include new kitchens, baths, windows, metal roof, and more. At $200/night over just 180 days, gross income hits $216K, with expenses accounted for. Schedule your tour today!
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Home facts
- Year built:1983
- Listing Id #:182307
- Added:126 day(s) ago
- Updated:August 07, 2025 at 07:24 AM
Rooms and interior
- Bedrooms:9
- Total bathrooms:7
- Living area:8,592 sq. ft.
Heating and cooling
- Cooling:Central Air
- Heating:Forced Air, Gas
Structure and exterior
- Roof:Composition, Metal
- Year built:1983
- Building area:8,592 sq. ft.
- Lot area:0.25 Acres
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$699,900
- Price per sq. ft.:$81.46
- Tax amount:$6,997 (2025)
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