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3400 Francis St, Erie, PA, 16510

1beds
1baths
9,120sqft
$965,000
$106price/sqft
$7,635/moest. monthly cost
$305,400/yrincome needed

About This Home

Discover a rare 12-unit investment opportunity tucked away on a quiet dead-end street in Wesleyville Borough, located within the highly desirable Iroquois School District. This well-maintained, family-owned asset offers massive cash flow potential with strong in-place fundamentals and clear upside. The property features oversized 1-bedroom, 1-bath units with full kitchens, spacious living rooms, private balconies, and A/C in each unit. Tenants pay all utilities except sewer and garbage, keeping expenses low with separately metered systems throughout. Positioned with peaceful creek views and off-street parking, the setting delivers both tenant appeal and long-term stability. This is a true sleeper—rarely do properties like this hit the market. Whether you're looking to expand your portfolio or step into a high-performing asset, this is your chance to unlock serious value.

Getting Around

57
WalkingSomewhat Walkable
25
TransitSome Transit
38
BikeSomewhat Bikeable

Schools

7/10

Construction

Condition

  • Property condition: Good Condition,Resale
  • Year built: 1979

Materials

  • Roof: Composition
  • Construction materials: Vinyl Siding

Type & Style

  • Home type: MultiFamily
  • Architectural style: Two Story
  • Property subType: Multi Family

Interior

Bedrooms & Bathrooms

  • Bedrooms: 1
  • Bathrooms: 1

Heating & Cooling

  • Heating features: Forced Air,Gas
  • Cooling features: Central Air

Interior Area

  • Total structure area: 9,120
  • Total interior livable area: 9,120 sqft

Property

Details

  • Parcel number: 50002041.0042.01
  • Zoning description: R-3

Features

  • Levels: Two
  • Stories: 2
  • Has view: Yes
  • View description: Water
  • Has water view: Yes
  • Water view: Water

Lot

  • Lot size: 0.29 Acres
  • Features: Dead End,Stream/Creek,Views
  • Lot size dimensions: 125 x 115 x 0 x 0

Parking

  • Total spaces: 14