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253 W 26th St, Erie, PA, 16508

8beds
4baths
3,132sqft
$474,900
$152price/sqft
$3,609/moest. monthly cost
$144,360/yrincome needed

About This Home

Turnkey investment opportunity directly across from Saint Vincent Hospital! This FULLY furnished short-term rental has been completely renovated inside and out, including gutters, roofs, decks, covered front porch, electrical, plumbing, appliances, select windows and more. Sold fully furnished with furniture, linens, towels, pillows, blankets, etc. Seller is willing to assist with transferring existing bookings for a seamless transition. Ideal for traveling nurses/medical professionals, hospital visitors or for those looking to experience the beauty of Erie’s Peninsula. Part of a 10-unit, 4-building portfolio on separate parcels located on the same block. Minutes from Gannon University, Mercyhurst University, Lake Erie College of Osteopathic Medicine, UPMC Hamot, I-90, I-79, and Erie Insurance. Looking to buy an established business that doesn’t need to start from scratch? You've found it! Buy today and start generating income from day one with the current bookings!

Getting Around

66
WalkingSomewhat Walkable
40
TransitSome Transit
57
BikeBikeable

Schools

2/10
Jefferson El SchoolGrades PK-50.9 mi
4/10
Wilson Middle SchoolGrades 6-81.2 mi
1/10
Erie High SchoolGrades 9-120.5 mi

Construction

Condition

  • Property condition: Resale,Very Good Condition
  • Year built: 1914

Materials

  • Roof: Asphalt
  • Construction materials: Brick,Frame

Type & Style

  • Home type: SingleFamily
  • Architectural style: Fourplex
  • Property subType: Quadruplex,Multi Family,Single Family Residence

Interior

Appliances

  • Appliances included: Gas Oven,Gas Range,Microwave,Refrigerator,Dryer,Washer

Basement

  • Has basement: Yes
  • Basement: Full,Unfinished

Bedroom

  • Level: Second

Bedroom

  • Level: Second

Bedroom

  • Level: Second

Bedroom

  • Level: Second

Bedroom

  • Level: First

Bedroom

  • Level: First

Bedroom

  • Level: First

Bedroom

  • Level: First

Bedrooms & Bathrooms

  • Bedrooms: 8
  • Bathrooms: 4
  • Full bathrooms: 4

Features

  • Flooring: Hardwood,Tile,Wood
  • Number of fireplaces: 4
  • Fireplace features: Decorative
  • Fireplace: Yes

Heating & Cooling

  • Heating features: Forced Air,Gas
  • Cooling features: Window Unit(s)

Interior Area

  • Total structure area: 3,132
  • Total interior livable area: 3,132 sqft

Other

  • Level: Second

Other

  • Level: Second

Other

  • Level: First

Other

  • Level: First

Property

Details

  • Parcel number: 19060053.0324.01
  • Attached to another structure: Yes
  • Zoning description: C-4

Features

  • Patio & porch: Deck
  • Exterior features: Deck

Lot

  • Lot size: 8,712 sqft
  • Features: Flat
  • Lot size dimensions: 36 x 58 x 0 x 0

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Lightning
    LightningRelatively High
  • Strong Wind
    Strong WindModerate
  • Winter Weather
    Winter WeatherModerate
  • Tsunami
    TsunamiInsufficient Data

How This Home’s Risks Compare

Lightning
Strong Wind
Winter Weather
Tsunami

FEMA Declared Disasters Across Pennsylvania Counties

Flood
Tropical Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $2,401$28,812
Home Insurance *$264$3,168
Property Taxes $601$7,212
Electricity $343$4,123
Total$3,609$43,308
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$123,737/yr
40% on housing$108,270/yr
45% on housing$96,240/yr

Pennsylvania FAIR Plan Programs

Insurance Placement Facility of Pennsylvania/FAIR Plan

Covered
WildfireWildfire
Add-on available
HailHail
WindWind
Visit Website →
Current Policies
Residential: 8,982Commercial: 984
Total Premiums$5.34M
Total Exposure$1.33B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 8.5%
8.5%
0%30.0%
Electricity Growth Rate10-year average: 8.4%
8.4%
0%15.0%
Property Taxes Growth Rate2-year average: -0.3%
-0.3%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$152This listing

vs Other Active Listings

Avg $/sqft

ZIP 16508$93
Erie County$115

vs Homes Sold Last Month

Median $/sqft

ZIP 16508$129
Erie County$139

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-06-16Listed for sale$474,900

For Sale by Agent

AgentCaleb Kowalczyk
BrokerageeXp Realty - Meadville

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