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
- Pending
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!
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Home facts
- Year built:1917
- Listing ID #:184204
- Added:115 day(s) ago
- Updated:October 01, 2025 at 07:32 AM
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)
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