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2926 State St
Erie, PA 16508 South Suburban Erie

$350,000 USD

Multifamily For Sale • 3,113 SF

Property Details

Property Type Multifamily
Total Building Size 3,113 SF
Year Built 1928
Cap Rate 17.14 %
Zoning RLB

30 Transit Score

70 Walk Score

                
                    Highlights
                
                                Central Location - Easy access to bayfront and highways
                            
                                Quiet neighborhood with 2 car garage and 2 car off street parking
                            
                                Highly Sought After STR

Financial Summary (Actual)

Net Operating Income: $60,000 USD (2025)

Cap Rate:	17.14 %
Total Expenses:	$10,000 USD

Amenities

Air Conditioning
Microwave
Washer/Dryer
Heating
High Speed Internet Access
Refrigerator
Range
Wi-Fi
Yard
Basement
Family Room
Freezer
Private Bathroom

Public Transportation

Commuter Rail	Drive	Walk	Distance
	4 min	-	1.2 mi
Airport	Drive	Walk	Distance
Erie International/Tom Ridge Field	15 min	-	6.7 mi

Parking Details

Parking Available:	Yes
Reserved:	No
Spaces Provided:	2
Type:	Surface
Included in Rent:	Yes

Jim Barbour KW Commercial

2926 State St Erie, PA 16508 South Suburban Erie