302 Wallace Street, Erie, PA 16507

Local realty services provided by:ERA Team VP Real Estate
302 Wallace Street,Erie, PA 16507
$79,900
  • 4 Beds
  • - Baths
  • 1,672 sq. ft.
  • Multi-family
  • Active
Listed by: brandon penn
Office: keller williams realty
MLS#:188041
Source:PA_GEBR

Price summary

  • Price:$79,900
  • Price per sq. ft.:$47.79

About this home

Fantastic cash flowing rental to add to your portfolio. Both apartments are very spacious and traditionally have been easy to rent. Professionally managed, and the management would be interested in staying on for the new owner. Selling at a 17% cap rate with management fees included, making this property a no brainer for the next savvy investor. Expenses are from 2024 year.

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Home facts

  • Year built:1890
  • Listing ID #:188041
  • Added:57 day(s) ago
  • Updated:November 15, 2025 at 04:12 PM

Rooms and interior

  • Bedrooms:4
  • Living area:1,672 sq. ft.

Heating and cooling

  • Heating:Forced Air, Gas

Structure and exterior

  • Roof:Composition
  • Year built:1890
  • Building area:1,672 sq. ft.

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$79,900
  • Price per sq. ft.:$47.79
  • Tax amount:$1,112 (2025)

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