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1163 W 27TH Street Erie, PA $ 199,000
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1163 W 27TH Street
$ 199,000
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1163 W 27TH Street

Erie, PA, 16508
$ 199,000
Bedrooms7 Baths0.0 Sq 4,044

Monthly Estimate*

$ 1,257

1163 W 27TH Street, Erie, PA 16508 - Image 1
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Multi-Family Home for sale in Erie, PA

for $199,000 with 7 bedrooms. This 4,044 square foot home was built in 1917 on a lot size of 0.1364.

The opportunity for 3 rental units on one parcel doesn't come up often! This unique property features a single family home in front and a 2 unit flat in the back. Fully occupied and offering immediate income with the potential to significantly increase future returns through rental adjustments. A great opportunity for an investor or owner occupant. The single family home is a spacious residence with original woodwork, refinished hardwood floors a formal dining room and eat in kitchen. The back flat has 2, 2-bed, 1-bath spacious units. The updated asphalt driveway allows for plenty of off-street parking for all tenants. A garage can generate additional income or be offered as storage. A versatile property with tons of potential!

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Multi-Family Active

Price

$ 199,000

Bedrooms

7

Property Type

Multi-Family

Taxes

$ 4,327

Style

Lot Size

0.1364

Year Built

1917

Town/City

Erie

County/Region

Erie

MLS | Web ID

192020
Features
General
Sewer Public Sewer
Possession Subject To Tenant Rights
Construction Materials Aluminum Siding
Security Deposit 7500
Township Erie
Property Subtype Multi Family
Tax Year 2026
County Erie
Property Type Residential Income
Attached Garage false
Garage Y/N true
Status Active
Directions West 26th St between South on Raspberry St W 27th. between Raspberry and Elmwood.
City Erie
Zoning Description R-1A
MLS Area 3 - Erie Southwest
Lot Size Units Acres
Tax Annual Amount 4327
Standard Status Active
Tax Assessed Value 104410
Heating Forced Air Gas
Cooling None
High School District City-Erie
Middle/Junior School District City-Erie
Elementary School District City-Erie
Year Built 1917
Property Condition Average Condition Resale
Roof Composition
Garage Spaces 1
Architectural Style Two Story
Stories Count 2
Levels Two
Gross Income 33900
Net Operating Income 22743
Insurance Expense 1129
Number Of Units Total 3
MaintenanceExpense 2300
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Interior
Air Conditioning Y/N false
Heating Y/N true
Total Bedrooms 7
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Exterior
Water Source Public
Lot Size Area 0.1364
Building Area Total 4044
Lot Dimensions 44x134x44x134
Lot Size Acres 0.1364
Lot Features Level
Parking Features Detached Garage
Road Surface Type Paved
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* Excluded Features
List By
Howard Hanna Erie Airport

Broker

slythestoler@howardhanna.com

Email

Affordability Calculator

$1,617
Per Month
78%
22%
0%
Monthly Principal & Interest
$1,257
Monthly Property Taxes
$361
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
See complete school information
Pricing History
DatePricePrice ChangeDescription
7/22/2026$199,000 -20.40% Price Down
7/17/2026$250,000 Listed Price

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1163 W 27TH Street, Erie, PA, 16508 is a Multi-Family Home for sale at $199,000 with 4,044 sqft and a lot size of 0.1364. 1163 W 27TH Street has 7 bedrooms, 0.0 baths, and was built in 1917. The property's zip code is 16508 which is in Erie, PA

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