223 W 16 Street, Erie, PA 16502

Local realty services provided by:ERA Richmond Real Estate Service
223 W 16 Street,Erie, PA 16502
$235,000
  • 8 Beds
  • - Baths
  • 4,861 sq. ft.
  • Multi-family
  • Active
Listed by:nathan sherman
Office:thrive real estate llc.
MLS#:187208
Source:PA_GEBR

Price summary

  • Price:$235,000
  • Price per sq. ft.:$48.34

About this home

Turn-key 7-unit investment property in the heart of Erie. Six occupied unis. The 7th unit is a 3rd-floor partially finished unit that just needs a little more work to be fully functional. Gas well on site that currently provides gas to some appliances, but has the potential for more with some plumbing work to re-route gas lines. Basement has coin laundry. Two hot water tanks recently replaced. Great investment opportunity for a motivated buyer who would like to put a little more TLC into the property maximize the potential.

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Home facts

  • Year built:1895
  • Listing ID #:187208
  • Added:61 day(s) ago
  • Updated:October 01, 2025 at 01:59 PM

Rooms and interior

  • Bedrooms:8
  • Living area:4,861 sq. ft.

Heating and cooling

  • Heating:Forced Air, Gas

Structure and exterior

  • Roof:Composition
  • Year built:1895
  • Building area:4,861 sq. ft.
  • Lot area:0.17 Acres

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$235,000
  • Price per sq. ft.:$48.34
  • Tax amount:$2,845 (2025)

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