263 W 18th Street, Erie, PA 16502

Local realty services provided by:Team VP Real Estate
263 W 18th Street,Erie, PA 16502
$225,000
  • 12 Beds
  • - Baths
  • 2,822 sq. ft.
  • Multi-family
  • Active
Listed by: jp hood
Office: exp realty - erie
MLS#:191781
Source:PA_GEBR

Price summary

  • Price:$225,000
  • Price per sq. ft.:$79.73

About this home

This 12-unit rooming house in Little Italy presents a rare chance to acquire a powerful cash-flowing asset. Each unit, from efficient 8x8 spaces to larger accommodations, is consistently rented, contributing to an impressive and reliable revenue stream. This property isn't just a building; it's a well-managed investment with a consistent rental history. Plus, a dedicated property manager, who has been with the property for years, is available to ensure a seamless transition and continued operational excellence, allowing for a hands-off approach if desired. This is an ideal, high-yield addition for an investor looking to expand their portfolio with a well-established rental property in a high-demand urban location.

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Home facts

  • Year built:1903
  • Listing ID #:191781
  • Added:2 day(s) ago
  • Updated:June 29, 2026 at 10:55 PM

Rooms and interior

  • Bedrooms:12
  • Living area:2,822 sq. ft.

Heating and cooling

  • Heating:Gas, Hot Water

Structure and exterior

  • Roof:Composition
  • Year built:1903
  • Building area:2,822 sq. ft.
  • Lot area:0.05 Acres
  • Lot Features:Corner Lot
  • Construction Materials:Brick, Vinyl Siding

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$225,000
  • Price per sq. ft.:$79.73
  • Tax amount:$6,519 (2026)