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202 PARADE Street Erie, PA $ 85,000
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$ 85,000 Get more info
202 PARADE Street
$ 85,000
Back to search
Share Save

202 PARADE Street

Erie, PA, 16507
$ 85,000
Bedrooms4 Baths2.0 Sq 1,862

Monthly Estimate*

$ 530

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202 PARADE Street, Erie, PA 16507 - Image 14

Multi-Family Home for sale in Erie, PA

for $85,000 with 4 bedrooms and 2 full baths. This 1,862 square foot home was built in 1892 on a lot size of 0.0514.

This 2 unit investment property is located in Erie’s Historic East Bayfront. Property is 100% occupied. The second floor unit has been completely remodeled with new cabinets, fixtures, flooring, etc. The first floor unit has a long-term tenant in place, but will need some cosmetic work in the future. The gas and electric is separately metered. Tenants are responsible for paying all utilities - Gas, Electric, Water, Sewer, & Trash. Don't miss the opportunity to add this one to your portfolio!

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Multi-Family Active

Price

$ 85,000

Bedrooms

4

Full Bath

2

Property Type

Multi-Family

Taxes

$ 1,198

Style

Lot Size

0.0514

Year Built

1892

Town/City

Erie

County/Region

Erie

MLS | Web ID

188033
Features
General
Sewer Public Sewer
Possession Close Of Escrow Subject To Tenant Rights
Construction Materials Aluminum Siding
Security Deposit 3000
Township Erie
Property Subtype Multi Family
Tax Year 2025
County Erie
Property Type Residential Income
Status Active
Directions Head East On 6th Street - Turn Left & Head North On Parade Street - Property Located On Southwest Corner Of E 2nd & Parade Street
City Erie
Zoning Description W-R
MLS Area 1 - Erie Northeast
Lot Size Units Acres
Tax Annual Amount 1198
Standard Status Active
Tax Assessed Value 30300
Heating Forced Air Gas
Cooling None
High School District City-Erie
Middle/Junior School District City-Erie
Elementary School District City-Erie
Year Built 1892
Year Built Details Actual
Property Condition Resale
Roof Asphalt Composition
Garage Spaces 0
Architectural Style Two Story
Stories Count 2
Levels Two
Gross Income 15900
Net Operating Income 9361
Insurance Expense 1184
Number Of Units Total 2
MaintenanceExpense 750
Water Sewer Expense 1373
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Interior
Air Conditioning Y/N false
Heating Y/N true
Total Baths 2
Total Bedrooms 4
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Exterior
Water Source Public
Lot Size Area 0.0514
Building Area Total 1862
Lot Dimensions 0x0x0x0
Lot Size Acres 0.0514
Total Parking 2
Lot Features Corner Lot Level
Road Surface Type Paved
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* Excluded Features
List By
The Bowers Group Llc

Broker

Jake@TheBowersGroup.com

Email

Affordability Calculator

$630
Per Month
84%
16%
0%
Monthly Principal & Interest
$530
Monthly Property Taxes
$100
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
2358928 Elementary School
2358969 Middle School
Unknown High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
11/13/2025$85,000 -5.45% Price Down
10/9/2025$89,900 -10.01% Price Down
10/6/2025$99,900 Listed Price

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202 PARADE Street, Erie, PA, 16507 is a Multi-Family Home for sale at $85,000 with 1,862 sqft and a lot size of 0.0514. 202 PARADE Street has 4 bedrooms, 2.0 baths, and was built in 1892. The property's zip code is 16507 which is in Erie, PA

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