241 Beachgrove Drive, Erie, PA 16505

Local realty services provided by:ERA Richmond Real Estate Service
241 Beachgrove Drive,Erie, PA 16505
$265,000
  • 2 Beds
  • 2 Baths
  • 1,100 sq. ft.
  • Multi-family
  • Active
Listed by:samuel sweny
Office:agresti real estate
MLS#:184204
Source:PA_GEBR

Price summary

  • Price:$265,000
  • Price per sq. ft.:$240.91

About this home

This beautiful Millcreek 2-unit has an 11% CAP RATE! You don't want to miss out on this unique, cash flowing property situated in the quaint and historic Eaglehurst subdivision with direct access to the neighborhood beach on the shores of Lake Erie. Conveniently located close to Presque Isle in the Limited Lodging District, zoning allows for short term rentals. Two separate cottage homes sit on one parcel. Several renovations have been completed on both units including new siding, flooring, paint, appliances, landscaping and more. Each unit has it's own laundry. These are being sold furnished and decorated with a very charming nautical theme. Incredibly enough, this property has a gas well that fuels both units...FREE GAS! Pound for pound, this is one of the best investment opportunities available. Minimal maintenance, optimal cash flow. Come add this unique gem to your portfolio today before it's too late!

Contact an agent

contact an agent

Yes, I would like more information from ERA®. Please use and/or share my information with an ERA affiliated agent to contact me about my real estate needs. By clicking Send message, I agree an ERA affiliated agent may contact me by phone or text message including by automated means about real estate services, and that I can access real estate services without providing my phone number. I acknowledge that I have read and agree to theTerms of useandPrivacy notice

Home facts

  • Year built:1917
  • Listing Id #:184204
  • Added:67 day(s) ago
  • Updated:August 13, 2025 at 03:52 PM

Rooms and interior

  • Bedrooms:2
  • Total bathrooms:2
  • Living area:1,100 sq. ft.

Heating and cooling

  • Cooling:Window Units
  • Heating:Forced Air, Gas

Structure and exterior

  • Roof:Composition, Metal
  • Year built:1917
  • Building area:1,100 sq. ft.
  • Lot area:0.11 Acres

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$265,000
  • Price per sq. ft.:$240.91
  • Tax amount:$1,794 (2025)