This beautiful Millcreek 2-unit has an 11% CAP RATE! You don't want to miss out on this unique, cash flowing property situated in the quaint and historic Eaglehurst subdivision with direct access to the neighborhood beach on the shores of Lake Erie. Conveniently located close to Presque Isle in the Limited Lodging District, zoning allows for short term rentals. Two separate cottage homes sit on one parcel. Several renovations have been completed on both units including new siding, flooring, paint, appliances, landscaping and more. Each unit has it's own laundry. These are being sold furnished and decorated with a very charming nautical theme. Incredibly enough, this property has a gas well that fuels both units...FREE GAS! Pound for pound, this is one of the best investment opportunities available. Minimal maintenance, optimal cash flow. Come add this unique gem to your portfolio today before it's too late!
Sold for $265,000
$265,000
241 Beachgrove Dr, Erie, PA 16505
2beds
2baths
1,100sqft
Multi Family
Built in 1917
-- sqft lot
$-- Zestimate®
$241/sqft
$1,307 Estimated rent
Home value
Not available
Estimated sales range
Not available
$1,307/mo
Zestimate® history
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$1,307/mo
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$1,794/mo
Est. payment
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$1,794/mo
Est. payment
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Zillow last checked:
Listing updated:
Listed by:
Samuel Sweny (814)923-7330,
Agresti Real Estate
Bought with:
Samuel Sweny, RS372690
Agresti Real Estate
Source: GEMLS,MLS#: 184204Originating MLS: Greater Erie Board Of Realtors
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 2
Heating
- Forced Air, Gas
Cooling
- Window Unit(s)
Interior area
- Total structure area: 1,100
- Total interior livable area: 1,100 sqft
Property
Parking
- Total spaces: 2
Features
- Levels: One
- Stories: 1
Lot
- Size: 4,639 Square Feet
- Dimensions: 40 x 116 x 40 x 116
- Features: Flat, Level, Mineral Rights
Details
- Parcel number: 33006019.0072.00
- Zoning description: R-1
Construction
Type & style
- Home type: MultiFamily
- Architectural style: One Story
- Property subtype: Multi Family
Materials
- Aluminum Siding, Vinyl Siding
- Roof: Composition,Metal
Condition
- Excellent,Resale
- Year built: 1917
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Deposit fee: $5,000
- Subdivision: Eaglehurst
Location
- Region: Erie
Financial & listing details
- Price per square foot: $241/sqft
- Tax assessed value: $65,300
- Annual tax amount: $1,794
- Date on market: 6/7/2025
- Cumulative days on market: 35 days
- Listing terms: Cash
- Road surface type: Paved
Price history
| Date | Event | Price |
|---|---|---|
| 11/3/2025 | Sold | $265,000$241/sqft |
Source: GEMLS #184204 Report a problem | ||
| 8/23/2025 | Pending sale | $265,000$241/sqft |
Source: GEMLS #184204 Report a problem | ||
| 8/13/2025 | Price change | $265,000-1.8%$241/sqft |
Source: GEMLS #184204 Report a problem | ||
| 8/11/2025 | Listed for sale | $269,900$245/sqft |
Source: GEMLS #184204 Report a problem | ||
| 6/30/2025 | Pending sale | $269,900$245/sqft |
Source: GEMLS #184204 Report a problem | ||
| 6/7/2025 | Listed for sale | $269,900+115.9%$245/sqft |
Source: GEMLS #184204 Report a problem | ||
| 8/16/2021 | Sold | $125,000-7.3%$114/sqft |
Source: GEMLS #156968 Report a problem | ||
| 6/7/2021 | Pending sale | $134,900$123/sqft |
Source: GEMLS #156968 Report a problem | ||
| 5/25/2021 | Listed for sale | $134,900-3.6%$123/sqft |
Source: GEMLS #156968 Report a problem | ||
| 9/19/2020 | Listing removed | $139,900$127/sqft |
Source: Howard Hanna - Erie Airport/West #146447 Report a problem | ||
| 12/4/2019 | Price change | $139,900-6.7%$127/sqft |
Source: Howard Hanna - Erie South #146447 Report a problem | ||
| 10/1/2019 | Listed for sale | $149,900+130.6%$136/sqft |
Source: Howard Hanna Erie South #146447 Report a problem | ||
| 9/8/2011 | Sold | $65,000-27.7%$59/sqft |
Source: Agent Provided Report a problem | ||
| 8/18/2011 | Price change | $89,900-5.3%$82/sqft |
Source: Select, REALTORS #21562 Report a problem | ||
| 8/3/2011 | Listed for sale | $94,900$86/sqft |
Source: Select, REALTORS #21562 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $1,825 +3.2% | $65,300 |
| 2024 | $1,769 +8.9% | $65,300 |
| 2023 | $1,624 +2.4% | $65,300 |
| 2022 | $1,585 | $65,300 |
| 2021 | $1,585 +162% | $65,300 |
| 2020 | $605 -60.4% | $65,300 |
| 2019 | $1,526 -17.1% | $65,300 |
| 2018 | $1,842 +3.8% | $65,300 |
| 2017 | $1,774 +0.9% | $65,300 |
| 2016 | $1,758 +217.3% | $65,300 |
| 2015 | $554 | $65,300 |
| 2014 | $554 +35.1% | $65,300 -3.7% |
| 2011 | $410 | $67,800 |
| 2010 | $410 | $67,800 |
| 2008 | -- | $67,800 |
| 2005 | $484 -1.3% | $67,800 |
| 2004 | $490 | $67,800 |
| 2003 | -- | $67,800 |
Find assessor info on the county website
Neighborhood: 16505
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Nearby schools
GreatSchools rating
- 5/10Tracy El SchoolGrades: K-5Distance: 1.3 mi
- 6/10Westlake Middle SchoolGrades: PK,6-8Distance: 1.2 mi
- 7/10McDowell High SchoolGrades: PK,9-12Distance: 2.3 mi
Schools provided by the listing agent
- District: Millcreek
Source: GEMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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- Pennsylvania
- Erie County
- Erie
- 16505
- 241 Beachgrove Dr
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