Erie PA Multi Family for Sale
$179,900
1251 E 38 Street Erie, PA 16504
- Type:
- Multi-Family
- Sq.Ft.:
- 2,896
- Status:
- Active
- Beds:
- 2
- Lot size:
- 0.11 Acres
- Year built:
- 1925
- Baths:
- MLS#:
- 177213
ADDITIONAL INFORMATION
High-traffic East Side investment alert! This 2-unit property boasts a turnkey hair salon with equipment (perfect for stylists or entrepreneurs) on the first floor and a spacious 2-bedroom apartment upstairs for steady rental income. Both units have central air, off-street parking is available, and the salon has a security system for peace of mind. Be a landlord and entrepreneur – this prime location offers the best of both worlds!
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Erie Real Estate
The median home value in Erie, PA is $159,600. This is lower than the county median home value of $171,200. The national median home value is $338,100. The average price of homes sold in Erie, PA is $159,600. Approximately 46.6% of Erie homes are owned, compared to 42.85% rented, while 10.55% are vacant. Erie real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Erie real estate agent to arrange a tour today!
Erie, Pennsylvania 16504 has a population of 95,536. Erie 16504 is less family-centric than the surrounding county with 20.57% of the households containing married families with children. The county average for households married with children is 25.97%.
The median household income in Erie, Pennsylvania 16504 is $40,201. The median household income for the surrounding county is $55,949 compared to the national median of $69,021. The median age of people living in Erie 16504 is 35.1 years.
Erie Weather
The average high temperature in July is 80.6 degrees, with an average low temperature in January of 19.5 degrees. The average rainfall is approximately 44.1 inches per year, with 101.4 inches of snow per year.