Short Term Rental Investment Properties for Sale in Erie, PA
130- 3 Bed
- 1 Bath
- 1052 sft
138- 3 Bed
- 1 Bath
- 1188 sft
110- 4 Bed
- 3 Bath
- 3264 sft
130- 3 Bed
- 1 Bath
- 1620 sft
118- 2 Bed
- 1 Bath
- 845 sft
120- 4 Bed
- 2 Bath
- 1184 sft
126- 3 Bed
- 1 Bath
- 1384 sft
136- 4 Bed
- 1 Bath
- 2294 sft
97- 3 Bed
- 2 Bath
- 2293 sft
- 2 Bed
- 1 Bath
- 920 sft
784- 2 Bed
- 1 Bath
- 864 sft
135- 3 Bed
- 1 Bath
- 1200 sft
146- 2 Bed
- 1 Bath
- 1080 sft
117- 2 Bed
- 2 Bath
- 1226 sft
103- 3 Bed
- 1 Bath
- 1166 sft
143- 2 Bed
- 2 Bath
- 1248 sft
108- 2 Bed
- 1 Bath
- 970 sft
125- 3 Bed
- 1 Bath
- 980 sft
- 2 Bed
- 2 Bath
- 928 sft
128- 3 Bed
- 2 Bath
- 1672 sft
783- 6 Bed
- 2 Bath
- 2288 sft
121- 3 Bed
- 1 Bath
- 1072 sft
147- 3 Bed
- 2 Bath
- 1230 sft
108- 4 Bed
- 2 Bath
- 1404 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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