547-49 W 5th St, Erie, PA 16507

LOCATION LOCATION LOCATION! Investors, add this spacious, turn key 2-unit rental property to your portfolio! Wonderfully located just .6 miles west of Perry Square, these units are in close proximity to Gannon University, great restaurants, parks, shopping, and everything else beautiful downtown Erie has to offer. High ceilings, a pleasing lay out, off street parking, separate laundry hook-ups for each unit, a balcony on the top unit, a back porch on the bottom unit, a partially fenced in big back yard and a detached 1 car garage are just some of the highlights that make this property so desirable. Various updates have been made periodically throughout current ownership. Additionally, the attic space is partially converted and can be fully converted into a 3rd unit to further optimize the cash flow. It cashflows well as is with 2-units, but the potential of an additional unit at a minimum cost presents a special opportunity and makes this property a true gem!!