1041 E 3RD Street Erie, PA $ 65,000
1041 E 3RD Street
$ 65,000
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1041 E 3RD Street

Erie, PA, 16507
$ 65,000
Bedrooms3 Baths1.0 Sq 1,320

Monthly Estimate*

$ 449

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Multi-Family Home for sale in Erie, PA

for $65,000 with 3 bedrooms and 1 full bath. This 1,320 square foot home was built in 1944 on a lot size of 0.0833.

This estate-owned 3-bedroom home offers an affordable option for an investor or owner-occupant ready to make it their own. The first floor features a comfortable flow from the living room to the dining room and kitchen. Upstairs you’ll find three bedrooms and a full bath featuring a classic cast-iron claw-foot tub. Enjoy the spacious covered front porch and partially fenced backyard. Investors—take note! Based on estimated market rent of $1,200/month and estimated expenses, the projected cap rate after repairs is approximately 14.35%. Buyer to independently verify rental income, expenses, and projections. Property is estate-owned and being sold as-is. A great opportunity to add value, build equity, or expand a rental portfolio at an affordable price point

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Multi-Family Pending

Price

$ 65,000

Bedrooms

3

Full Bath

1

Property Type

Multi-Family

Taxes

$ 1,650

Style

Lot Size

0.0833

Year Built

1944

Town/City

Erie

County/Region

Erie

MLS | Web ID

193452

Features
General
Sewer Public Sewer
Possession Close Of Escrow
Construction Materials Mixed
Security Deposit 3000
Township Erie
Property Subtype Multi Family
Tax Year 2026
County Erie
Property Type Residential Income
Status Pending
Directions on south side of the street between East Ave and Pennsylvania
City Erie
Zoning Description R-2
MLS Area 1 - Erie Northeast
Lot Size Units Acres
Tax Annual Amount 1650
Standard Status Pending
Tax Assessed Value 40400
Heating Forced Air Gas
Cooling Central Air
High School District City-Erie
Middle/Junior School District City-Erie
Elementary School District City-Erie
Year Built 1944
Roof Asphalt
Garage Spaces 0
Architectural Style Two Story
Stories Count 2
Levels Two
Gross Income 14400
Net Operating Income 11909
Insurance Expense 800
Number Of Units Total 1
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Interior
Air Conditioning Y/N true
Heating Y/N true
Total Baths 1
Total Bedrooms 3
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Exterior
Water Source Public
Lot Size Area 0.0833
Building Area Total 1320
Lot Dimensions 30x121x0x0
Lot Size Acres 0.0833
Lot Features Flat
Road Surface Type Paved
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* Excluded Features
List By
Agresti Real Estate

Broker

danielle@tryagresti.com

Email

Affordability Calculator

$586
Per Month
77%
23%
0%
Monthly Principal & Interest
$449
Monthly Property Taxes
$138
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.375% 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
Pricing History
DatePricePrice ChangeDescription
9/28/2026$65,000 Listed Price

Map


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1041 E 3RD Street, Erie, PA, 16507 is a Multi-Family Home for sale at $65,000 with 1,320 sqft and a lot size of 0.0833. 1041 E 3RD Street has 3 bedrooms, 1.0 baths, and was built in 1944. The property's zip code is 16507 which is in Erie, PA