This feature is unavailable at the moment.

We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.

Please check back in a few minutes. We apologize for the inconvenience.

- LoopNet Team

Close
You must register your contact information to view secure information on this listing.
This Multifamily Property is no longer advertised on LoopNet.com.

551 W 8th St
Erie, PA 16502
 Anastasia Mansion · Multifamily Property For Sale · 6 Units

Apartment Buildings Pennsylvania Erie 551 W 8th St, Erie, PA 16502

INVESTMENT HIGHLIGHTS

  • 6-Unit Multi-Family Investment Property 2 Blocks from Gannon University
  • Well-Maintained 7,657± SF 3-Story Brick Building with Multiple Upgrades
  • Situated on 0.31± Acres Zoned C-2 with Parking Lot for ±15
  • Five 1 Bedroom/1 Bathroom Apartments & 1 Studio Apartment - 100% Occupancy
  • Historic Anastasia Mansion with Original Woodwork & Stained Glass Window
  • Net Operating Income $42,405 - Offered at 9% Cap Rate

PROPERTY FACTS

No. Units 6 Building Size 10,743 SF
Property Type Multifamily Average Occupancy 100%
Property Subtype
Apartment
  • General Retail Storefront Retail/Residential
  • Office Office Residential
 No. Stories 3
Apartment Style Low-Rise Year Built/Renovated 1899/2022
Building Class C Parking Ratio 1.96/1,000 SF
Lot Size 0.31 AC
Zoning C-2 - C-2, General Commercial
No. Units 6
Property Type Multifamily
Property Subtype
Apartment
  • General Retail Storefront Retail/Residential
  • Office Office Residential
Apartment Style Low-Rise
Building Class C
Lot Size 0.31 AC
Building Size 10,743 SF
Average Occupancy 100%
No. Stories 3
Year Built/Renovated 1899/2022
Parking Ratio 1.96/1,000 SF
Zoning C-2 - C-2, General Commercial

LINKS

PROPERTY TAXES

Parcel Number 16-030-030.0-210.00 Improvements Assessment $224,982
Land Assessment $30,600 Total Assessment $255,582

PROPERTY TAXES

Parcel Number
16-030-030.0-210.00
Land Assessment
$30,600
Improvements Assessment
$224,982
Total Assessment
$255,582
 

  • Listing ID: 24568964

  • Date on Market: 11/30/2021

  • Last Updated:

  • Address: 551 W 8th St, Erie, PA 16502

More public record information on 551 W 8th St, Erie, PA 16502

The West Erie Multifamily Property at 551 W 8th St, Erie, PA 16502 is no longer being advertised on LoopNet.com. Contact the broker for information on availability.

1 of 1
VIDEOS
MATTERPORT 3D EXTERIOR
MATTERPORT 3D TOUR
PHOTOS
STREET VIEW STREET
MAP
551 W 8th St, Erie, PA for sale Building Photo- Image 1 of 1
6-Unit Multi-Family Investment Property

Connect with us

© 2026 CoStar Group

The LoopNet service and information provided therein, while believed to be accurate, are provided "as is". LoopNet disclaims any and all representations, warranties, or guarantees of any kind.

Link copied
Your LoopNet account has been created!

Please Share Your Feedback

We welcome any feedback on how we can improve LoopNet to better serve your needs.
X
{{ getErrorText(feedbackForm.starRating, "rating") }}
255 character limit ({{ remainingChars() }} charactercharacters remainingover)
{{ getErrorText(feedbackForm.msg, "rating") }}
{{ getErrorText(feedbackForm.fname, "first name") }}
{{ getErrorText(feedbackForm.lname, "last name") }}
{{ getErrorText(feedbackForm.phone, "phone number") }}
{{ getErrorText(feedbackForm.phonex, "phone extension") }}
{{ getErrorText(feedbackForm.email, "email address") }}
You can provide feedback any time using the Help button at the top of the page.