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1102-04 Parade St, Erie, PA, 16503

5beds
5baths
7,310sqft
$485,000
$66price/sqft
$4,493/moest. monthly cost
$179,720/yrincome needed

About This Home

A six-unit money-making marvel awaits in the heart of the Parade Street Renaissance—where historic grandeur meets modern sensibility. Circa 1904, this architectural gem has been thoughtfully updated while preserving its undeniable character. Featuring four residential units and two commercial spaces, this distinguished property offers both diversity and stability in income streams. With a strong rental history and current rents intentionally below market value, there is immediate upside potential—already generating over $50,000 annually. A rare opportunity to acquire a property that is as lucrative as it is lovely. Indulge in the elegance, revel in the returns, and secure your place in one of the city’s most revitalized efforts!

Getting Around

70
WalkingSomewhat Walkable
40
TransitSome Transit
57
BikeBikeable

Schools

2/10
4/10
Wilson Middle SchoolGrades 6-80.6 mi
1/10
Erie High SchoolGrades 9-121.4 mi

Construction

Condition

  • Property condition: Resale
  • Year built: 1904

Materials

  • Roof: Rubber
  • Construction materials: Brick

Type & Style

  • Home type: MultiFamily
  • Architectural style: Row House
  • Property subType: Townhouse,Multi Family,Single Family Residence

Interior

Bedrooms & Bathrooms

  • Bedrooms: 5
  • Bathrooms: 5

Heating & Cooling

  • Heating features: Forced Air,Gas
  • Cooling features: None

Interior Area

  • Total structure area: 7,310
  • Total interior livable area: 7,310 sqft

Property

Details

  • Parcel number: 15020017.0110.00
  • Zoning description: C-4

Lot

  • Lot size: 3,484 sqft
  • Features: Corner Lot,Level
  • Lot size dimensions: 42 x 86 x 0 x 0