Investment Properties
904 West 20th Street Erie, PA 16502
$48,900
$6,768 available to the buyer for upgrades.
Quiet street, close to shopping and restaurants. Possible 2nd mortgage to qualified buyer. 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
$11,700Expenses
$4,932Annual Net Income
$6,768
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