Short Term Rental Investment Properties for Sale in Erie, PA
494- 4 Bed
- 2 Bath
- 1295 sft
301- 3 Bed
- 1 Bath
- 1140 sft
439- 5 Bed
- 2 Bath
- 2158 sft
117- 3 Bed
- 1 Bath
- 1107 sft
-- 2 Bed
- 1 Bath
- 1092 sft
116- 2 Bed
- 1 Bath
- - sft
95- 3 Bed
- 1 Bath
- 1090 sft
132- 3 Bed
- 1 Bath
- 1150 sft
132- 3 Bed
- 2 Bath
- 1540 sft
148- 2 Bed
- 1 Bath
- 320 sft
- 1 Bed
- 1 Bath
- 748 sft
107- 4 Bed
- 1 Bath
- - sft
117- 4 Bed
- 2 Bath
- 2432 sft
135- 4 Bed
- 1 Bath
- 1952 sft
148- 4 Bed
- 1 Bath
- 2100 sft
117- 1 Bed
- 1 Bath
- 504 sft
124- - Bed
- 2 Bath
- 5376 sft
146- 3 Bed
- 2 Bath
- 1336 sft
111- 4 Bed
- 1 Bath
- 1116 sft
106- 2 Bed
- 1 Bath
- - sft
113- 4 Bed
- 2 Bath
- - sft
132- 4 Bed
- 2 Bath
- 1152 sft
116- 3 Bed
- 1 Bath
- 1200 sft
358- - Bed
- - Bath
- - sft
- 3 Bed
- 2 Bath
- 1456 sft
-- 3 Bed
- 2 Bath
- 2118 sft
Why Invest in Erie, Pennsylvania?
Short-term rentals in Erie, PA, offer strong potential for investors due to favorable local regulations and proximity to Lake Erie attractions. Recent city ordinances allow STRs in multiple zoning districts with a straightforward licensing process. Average rental yields hover around 8-10%, supported by seasonal tourism demand. Cap rates average 7-9%, with appreciation at 4% annually amid stable housing dynamics. Renter-occupied units stand at 38%, indicating consistent demand for flexible rentals.
Frequently Asked Questions
Operators must obtain a Short Term Rental license from the city, plus zoning approval in permitted districts like R-2 and C-1. The annual fee is around $80, and the license must be displayed in listings. Non-compliance leads to fines and enforcement.
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