2931 Maple Street, Erie, PA 16508

Erie
Local realty services provided by:Team VP Real Estate
2931 Maple Street,Erie, PA 16508
$360,000
Virtual Tour
  • 6 Beds
  • - Baths
  • 4,850 sq. ft.
  • Multi-family
  • Active
Listed by: sherry bauer
Office: sbre - sherry bauer real estate services
MLS#:192318
Source:PA_GEBR

Price summary

  • Price:$360,000
  • Price per sq. ft.:$74.23

About this home

4-Unit, mixed-use investment package for sale. Comprised of 2 contiguous parcels totaling 4,850± SF on 0.12± acres with 1 commercial unit & 3 residential rentals. 50% occupancy with excellent income history. $35,445 annual income & $26,522 net operating income based on 2025; offered at $360,000 – 7.4% actual cap rate. Upside potential with below market rents. $46,113 pro forma annual income - $37,773 pro forma NOI – 10.5% pro forma cap rate. Unit mix includes 911± SF office/storefront, one 1 bedroom/1 bathroom apartment, one 2 bedroom/1 bathroom apartment & one 3 bedroom/1 bathroom single family home. Off-street parking for ±11 with paved parking lot for ±9 & private driveway plus on-street parking. All units are separately metered for gas &/or electric (1 unit all electric). Centrally located just 0.4 miles (3 blocks) from Erie High School. Near Peach Street’s retail/service corridor & multiple public bus routes. Zoned Traditional Single Family Development (R-1A) in the City of Erie.

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Home facts

  • Year built:1909
  • Listing ID #:192318
  • Added:1 day(s) ago
  • Updated:July 30, 2026 at 10:48 AM

Rooms and interior

  • Bedrooms:6
  • Living area:4,850 sq. ft.

Heating and cooling

  • Heating:Gas, Multi Fuel

Structure and exterior

  • Year built:1909
  • Building area:4,850 sq. ft.
  • Lot area:0.12 Acres
  • Construction Materials:Frame

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$360,000
  • Price per sq. ft.:$74.23
  • Tax amount:$4,965 (2026)

Parking

  • Total parking spaces:11

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