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Sold for $525,000 on 08/21/25
  • $525,000

    179 Kelso Dr, Erie, PA 16505

    9beds
    7baths
    8,592sqft
    Multi Family
    Built in 1983
    -- sqft lot
    $525,100 Zestimate®
    $61/sqft
    $1,065 Estimated rent

    What's special

    This Airbnb gem near Kelso Beach is the investment opportunity you’ve been waiting for—with a *projected 20% cap rate* and no fluff in the numbers. Located in Millcreek’s Limited Lodging Overlay District, this fully renovated property offers private beach access, is steps from Waldameer, and just 2 minutes from Presque Isle. Featuring 7 rentable units (including a 5-unit building with office + separate house), off-street parking, 2.5-car garage, and a private lot. Renovations include new kitchens, baths, windows, metal roof, and more. At $200/night over just 180 days, gross income hits $216K, with expenses accounted for. Schedule your tour today!

    Zillow last checked: 7 hours ago

    Listing updated: August 21, 2025 at 09:51am

    Listed by:

    Jake Scheloske (814)449-7973,

    Agresti Real Estate,

    Isaac Yurkewicz 814-460-7538,

    Agresti Real Estate

    Bought with:

    Jake Scheloske, RS318016

    Agresti Real Estate

    Isaac Yurkewicz, RS333371

    Agresti Real Estate

    Source: GEMLS,MLS#: 182307Originating MLS: Greater Erie Board Of Realtors

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 9
    • Bathrooms: 7
    Heating
    • Forced Air, Gas
    Cooling
    • Central Air
    Interior area
    • Total structure area: 8,592
    • Total interior livable area: 8,592 sqft

    Property

    Parking
    • Total spaces: 10
    • Parking features: Built In
    • Attached garage spaces: 2.5
    Features
    • Levels: Two
    • Stories: 2
    • Has view: Yes
    • View description: Lake
    • Has water view: Yes
    • Water view: Lake
    • Waterfront features: Lake
    Lot
    • Size: 0.25 Acres
    • Dimensions: 92 x 112 x 0 x 0
    • Features: Corner Lot
    Details
    • Parcel number: 33007019.0253.01
    • Zoning description: See Remarks

    Construction

    Type & style
    • Home type: MultiFamily
    • Architectural style: Two Story
    • Property subtype: Multi Family
    Materials
    • Metal Siding, Vinyl Siding
    • Roof: Composition,Metal
    Condition
    • Resale,Updated/Remodeled
    • Year built: 1983

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & neighborhood

    Location
    • Region: Erie

    HOA & financial

    Other fees
    • Deposit fee: $15,000

    Other

    Other facts
    • Listing terms: See Remarks
    • Road surface type: Paved
    Services availability