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38 N Park Row

Erie, PA 16501
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Bed 23

Bed

Bath 18

Bath

SqFt13,200

Sqft

Acres0.08

Acre(Lot)

This exceptional investment opportunity features 17 residential units & 1 commercial space (18) ideally located in the heart of downtown Erie. Positioned w/in close proximity to Gannon University, Erie Insurance, UPMC, the Bayfront & a vibrant mix of restaurants & nightlife the property offers strong tenant demand & long-term stability. The building has been completely remodeled from basement to roof including updated flooring, windows, plumbing, electrical systems, & mechanicals ensuring low maintenance & modern efficiency. Each unit is thoughtfully designed most w/granite countertops & stainless steel appliances delivering a high-end living experience that attracts quality tenants. 24/7 surveillance system & secure entry access provides a safe & controlled environment for residents. Conv enient on-site laundry. With 100% occupancy this turnkey asset presents a fantastic cash flow opportunity for investors seeking immediate returns & long-term appreciation in a prime location.

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Detail Ic Property Details

Property Type : Residential Income

Price : $2,750,000

AD Id : 76608449

MLS Id : 190057

Beds : 23

Lot Size : 0.08 Acre

Living Area Size : 13,200

Year Built : 1868

County : Erie

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Feature Features

  • Bedroom Information

    Total beds: 23

    Bathroom Information

    Total Baths: 18
  • Roofing Information

    Rubber
  • Interior Features

    Roof: Rubber
  • Heating & Cooling

    Has Heating: Yes Heating: Electric, Forced Air Cooling: None

  • Building Information

    Year Built: 1868 Building Area Total: 13200 Construction Materials: Brick, Block Private Pool: No

  • Lot Information

    Lot Dimensions: 21x165x0x0 Main Square Feet: 0.08 Acres Lot Size Acres: 0.08

  • Listing Price Information

    Listing Price: $2750000

  • Tax Information

    Parcel Number: 17-040-002.0-110.00 Tax Year: 2026 Annual Tax: $13730

  • Location Information

    Direction: W. 6th St., north on Peach St. to corner of N. Park Row WaterSource: Public
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
1521 State Street, Erie, PA, 16501 $299,900 13 -- 28,040 28,040 SqFt
502/506 State Street, Erie, PA, 16501 $1,899,900 -- 6 15,948 15,948 SqFt

The data relating to real estate for sale on this website comes in part from the Internet Data exchange (IDX) program of Greater Erie Board of REALTORS®, Inc. Information deemed reliable but not guaranteed. Any use of search functions of data on the site, other than by a consumer looking to purchase real estate, is prohibited. Copyright © 2026 Greater Erie Board of REALTORS®, Inc. All rights reserved.

ByOwner last updated this listing 06/17/2026 @ 12:49

MLS: 190057 LISTED BY: Jake Scheloske, Agresti Real Estate 814-459-9400 SOURCE: Greater Erie Board of REALTORS

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