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!
Pending
Price cut: $50.1K (5/22)
$699,900
179 Kelso Dr, Erie, PA 16505
9beds
7baths
8,592sqft
Est.:
Multi Family
Built in 1983
-- sqft lot
$-- Zestimate®
$81/sqft
$-- HOA
What's special
Private lotPrivate beach accessOff-street parkingNew kitchensMetal roof
- 98 days
- on Zillow |
- 65 |
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