1702 Liberty Street Erie, PA 16502

$41,900

$101,793 available to the buyer for upgrades.

Corner lot with one off-street parking space on West 17th. Large country style front porch. Vacant lot next door that is owned by the City and can be picked up very reasonable. Bar restaurant on the next corner. CVS Pharmacy across the street. This is an older building and we are willing to offer the buyer $5,000.00 at close for building upgrades. Palermo Realty and Development are currently owning and managing about 700 rental units. As we add new units at our Copperleaf location, we are starting to sell our downtown units. Adding additional units and properties while selling units we’ve maintained helps Palermo Realty and Development maintain our current staffing in our management and maintenance departments.

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Features and Amenities

Amenities

Walking distance to UPMC Ballpark
Walking distance to Gannon University & UPMC Hamot Hospital
Walking distance to Erie Insurance Arena
Walking distance to downtown bars and restaurants
Walking distance to all downtown attractions
Full Appliances
Close to 8th & Chestnut Coin Laundry
Multiple Units
Income
$17,222
Expenses
$5,315
Annual Net Income
$101,793

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