38 N Park Row, Erie, PA 16501

Erie
Local realty services provided by:ERA Richmond Real Estate Service
38 N Park Row,Erie, PA 16501
$2,750,000
  • 23 Beds
  • 18 Baths
  • 13,200 sq. ft.
  • Multi-family
  • Active
Listed by: jake scheloske
Office: agresti real estate
MLS#:190057
Source:PA_GEBR

Price summary

  • Price:$2,750,000
  • Price per sq. ft.:$208.33

About this home

This exceptional investment opportunity features 17 residential units & 1 commercial space (18) ideally located in the heart of downtown Erie. Positioned w/in close proximity to Gannon University, Erie Insurance, UPMC, the Bayfront & a vibrant mix of restaurants & nightlife the property offers strong tenant demand & long-term stability. The building has been completely remodeled from basement to roof including updated flooring, windows, plumbing, electrical systems, & mechanicals ensuring low maintenance & modern efficiency. Each unit is thoughtfully designed most w/granite countertops & stainless steel appliances delivering a high-end living experience that attracts quality tenants. 24/7 surveillance system & secure entry access provides a safe & controlled environment for residents. Convenient on-site laundry. With 100% occupancy this turnkey asset presents a fantastic cash flow opportunity for investors seeking immediate returns & long-term appreciation in a prime location.

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Home facts

  • Year built:1868
  • Listing ID #:190057
  • Added:39 day(s) ago
  • Updated:May 02, 2026 at 01:57 PM

Rooms and interior

  • Bedrooms:23
  • Total bathrooms:18
  • Living area:13,200 sq. ft.

Heating and cooling

  • Heating:Electric, Forced Air

Structure and exterior

  • Roof:Rubber
  • Year built:1868
  • Building area:13,200 sq. ft.
  • Lot area:0.08 Acres
  • Construction Materials:Block, Brick

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$2,750,000
  • Price per sq. ft.:$208.33
  • Tax amount:$13,730 (2026)

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