942 BROWN Avenue Erie, PA $ 255,000
942 BROWN Avenue
$ 255,000
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942 BROWN Avenue

Erie, PA, 16502
$ 255,000
Bedrooms6 Baths0.0 Sq 2,896

Monthly Estimate*

$ 1,610

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Multi-Family Home for sale in Erie, PA

for $255,000 with 6 bedrooms. This 2,896 square foot home was built in 1905 on a lot size of 0.114.

Great Airbnb or investment property with strong income-producing potential. This remodeled, turn-key 3-unit property in Southwest Erie is fully furnished and ready to go. Each apartment includes furniture and offers comfort, character, and flexibility, making it ideal for short-term rentals, traveling professionals, or long-term tenants. The property has already been used as a short-term business rental for rotating and traveling professionals, giving investors a strong foundation to continue building on its income potential. Features include three unique New York-style loft apartments with vaulted ceilings, fireplaces, open living spaces, and two bedrooms per unit. The loft designs add a spacious, inviting feel with character that stands out from typical rental properties. Operate it as a proven short-term rental, add it to your portfolio, or live in one unit while renting the other two to help offset the mortgage. On-site laundry and off-street parking add to the appeal.

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Multi-Family Pending

Price

$ 255,000

Bedrooms

6

Property Type

Multi-Family

Taxes

$ 4,758

Style

Lot Size

0.114

Year Built

1905

Town/City

Erie

County/Region

Erie

MLS | Web ID

191809

Features
General
Sewer Public Sewer
Possession Close Of Escrow
Construction Materials Vinyl Siding
Security Deposit 5000
Township Erie
Property Subtype Triplex
Tax Year 2026
County Erie
Property Type Residential Income
Status Pending
Directions 942 Brown Avenue - west of Liberty Street and east of Cascade Street on north side of street
City Erie
Zoning Description R-2
MLS Area 3 - Erie Southwest
Lot Size Units Acres
Tax Annual Amount 4758
Standard Status Pending
Tax Assessed Value 114800
Heating Forced Air Gas
Cooling None
High School District City-Erie
Middle/Junior School District City-Erie
Elementary School District City-Erie
Property Sub Type Additional Triplex
Year Built 1905
Year Built Details Actual
Roof Asphalt
Garage Spaces 0
Architectural Style Triplex
Gross Income 75600
Net Operating Income 52957
Insurance Expense 1800
Number Of Units Total 3
MaintenanceExpense 7560
Water Sewer Expense 1184
Structure Type Triplex
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Interior
Air Conditioning Y/N false
Heating Y/N true
Total Bedrooms 6
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Exterior
Water Source Public
Lot Size Area 0.114
Building Area Total 2896
Lot Dimensions 84x35x20xirr
Lot Size Acres 0.114
Total Parking 3
Road Surface Type Paved
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* Excluded Features
List By
Agresti Real Estate

Broker

nino@tryagresti.com

Email

Affordability Calculator

$2,007
Per Month
80%
20%
0%
Monthly Principal & Interest
$1,610
Monthly Property Taxes
$397
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.49% 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
Pricing History
DatePricePrice ChangeDescription
7/1/2026$255,000 Listed Price

Map


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942 BROWN Avenue, Erie, PA, 16502 is a Multi-Family Home for sale at $255,000 with 2,896 sqft and a lot size of 0.114. 942 BROWN Avenue has 6 bedrooms, 0.0 baths, and was built in 1905. The property's zip code is 16502 which is in Erie, PA