1201-03 E LAKE Road 2 Erie, PA ^$ 99,900

1201-03 E LAKE Road 2

^$ 99,900

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Recently Listed

1201-03 E LAKE Road 2

Erie, PA, 16507

^$ 99,900

Bedrooms1 Baths0.0 Sq 2,256

Monthly Estimate*

^$ 631

1201-03 E LAKE Road 2, Erie, PA 16507 - Image 1

1201-03 E LAKE Road 2, Erie, PA 16507 - Image 2

1201-03 E LAKE Road 2, Erie, PA 16507 - Image 3

1201-03 E LAKE Road 2, Erie, PA 16507 - Image 4

Multi-Family Home for sale in Erie, PA

for $99,900 with 1 bedroom. This 2,256 square foot home was built in 1914 on a lot size of 0.11.

Solid brick 2-story property situated on a corner lot with rear concrete driveway parking. Currently used as a single-family home, this property offers flexibility and the potential to be converted back to a 2-unit multi-family property. Features include covered front porches on both the first and second floors, front and side entries, and a layout that may work well for an owner-occupant, investor, or buyer looking for additional future possibilities. Conveniently located across from a couple convenience stores and gas stations, with nearby schools and easy highway access and has a solid structure, character, and investment potential for the right buyer.

Multi-Family Active

Price

^$ 99,900

Bedrooms

Property Type

Multi-Family

Taxes

^$ 2,802

Style

Lot Size

0.11

Year Built

1914

Town/City

Erie

County/Region

Erie

MLS | Web ID

191864

Features

General

Sewer Public Sewer

Possession Close Of Escrow

Construction Materials Brick

Security Deposit 1000

Township Erie

Unit Number 2

Property Subtype Multi Family

Tax Year 2026

County Erie

Property Type Residential Income

Status Active

Directions East on E. Lake Road past East Ave on South East Corner of Brandes Street and E. Lake Road across the street from Seedy Check gas station.

City Erie

Zoning Description R-2

MLS Area 1 - Erie Northeast

Lot Size Units Acres

Tax Annual Amount 2802

Standard Status Active

Tax Assessed Value 59550

Heating Gas Steam

Cooling None

High School District City-Erie

Middle/Junior School District City-Erie

Elementary School District City-Erie

Year Built 1914

Property Condition Resale

Roof Asphalt

Garage Spaces 0

Architectural Style Flat

Gross Income 18000

Net Operating Income 6153

Insurance Expense 1000

Number Of Units Total 2

Interior

Air Conditioning Y/N false

Heating Y/N true

Total Bedrooms 1

Exterior

Water Source Public

Lot Size Area 0.11

Building Area Total 2256

Lot Dimensions 42x116x0xIRR

Lot Size Acres 0.11

Total Parking 2

Lot Features Corner Lot

Road Surface Type Paved

* Excluded Features

List By

Agresti Real Estate

Broker

nino@tryagresti.com

Affordability Calculator

$864

Per Month

Monthly Principal & Interest: $631
Monthly Property Taxes: $234
Monthly Home Insurance: --

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Interest Rate

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Yearly 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

Trends
Schools

Multi-family listings in Erie, PA

Average List Price ^$358,629

Percent of Sale Price 259%

About Erie, PA

98,207 Population

-5% Since 2002

^$35,437 Median Income

35.3 Median Age

26% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

2358928 Elementary School

2358969 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
7/5/2026	$99,900		Listed Price

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1201-03 E LAKE Road 2, Erie, PA, 16507 is a Multi-Family Home for sale at $99,900 with 2,256 sqft and a lot size of 0.11. 1201-03 E LAKE Road 2 has 1 bedrooms, 0.0 baths, and was built in 1914. The property's zip code is 16507 which is in Erie, PA

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: 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.

Listing data provided courtesy of the Internet Data Exchange Program of the Greater Erie Board of Realtors.

The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of the Greater Erie Board of Realtors. Real Estate listings held by brokerage firms (licensees) other than Weichert Realtors include the name of the listing brokers.

The information being provided is for consumers' personal, non-commercial use and may not be reproduced or redistribute. Its sole purpose is to be used for no other purpose than to identify prospective properties consumers may be interested in purchasing.

Data is updated as of 7/7/2026.

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1201-03 E LAKE Road 2

Multi-Family Home for sale in Erie, PA

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