3082 W 12TH Street

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Address: 3082 W 12th St, Erie, PA 16505, USA
New York & Tri-State + 2-4 Units
Created date: July 28, 2026
Date last updated: October 1, 2026
Price: $1,299,900Investment Analyzer NEW!

Property Description

Excellent 14-unit value-add opportunity in a prime Millcreek location near the Peninsula corridor! The property includes 2 buildings: a single-story 6-unit building & a two-story 8-unit building, with 12 one-bedroom apartments & 2 efficiencies. Current rents are well below market, creating substantial upside through strategic rent growth, improved management & potential coin-operated laundry income. Improvements include an approximately 12-year-old roof with 35+ year shingles, mostly newer windows & exterior doors, & two functional boilers operating together as one system. Additional land may offer future storage, parking, development or expansion potential, subject to approvals. Located minutes from Presque Isle State Park, Lake Erie beaches, Waldameer, Erie International Airport, shopping & dining. The highly desirable MU-2 Corridor Mixed Use zoning is a major advantage, offering broad flexibility and significant potential for future development, redevelopment or a change of use.
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Broker Details

Jake Scheloske
Jake Scheloske

Agresti Real Estate (814) 459-9400 MLS ID: SCHELOSKE106 State License Number: RS318016

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Key Property Information

Listing Status: Available
Listing Type: Call for offers
Property Types: 2-4 Units
Price: $1,299,900
No. of Units: 2
Year Built: 1960
Lot Size: 6,343.00 Sq ft
Opportunity Zone: No
Price per unit: $649,950
Property Website Click Here
Number of Bedrooms: 12
Number of Bathrooms: 14
Address: 3082 W 12TH Street, Erie, PA 16505, USA
Provided by:
Standard Status: Active
MLS Listing Number: 192156
ID: 3yd-GEBRPA-192156
Copyright Disclaimer: Copyright © 2026 Greater Erie Board of Realtors MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

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