Short Term Rental Investment Properties for Sale in Erie, PA
117- 2 Bed
- 1 Bath
- 1056 sft
-- 2 Bed
- 2 Bath
- 1078 sft
347- 5 Bed
- 2 Bath
- - sft
101- 3 Bed
- 1 Bath
- 1006 sft
108- 2 Bed
- - Bath
- 520 sft
389- - Bed
- - Bath
- - sft
-- 3 Bed
- 1 Bath
- 1119 sft
147- 3 Bed
- 1 Bath
- 1000 sft
118- 2 Bed
- 1 Bath
- 810 sft
142- 3 Bed
- 1 Bath
- 1721 sft
127- 3 Bed
- 2 Bath
- 1290 sft
97- 3 Bed
- 1 Bath
- 1040 sft
245- 4 Bed
- 1 Bath
- 1508 sft
358- - Bed
- - Bath
- - sft
106- 3 Bed
- 1 Bath
- 980 sft
107- - Bed
- - Bath
- 1524 sft
113- 3 Bed
- 2 Bath
- - sft
99- 3 Bed
- 2 Bath
- 1566 sft
305- 2 Bed
- 1 Bath
- - sft
- 1 Bed
- 1 Bath
- - sft
128- 2 Bed
- 1 Bath
- - sft
128- 3 Bed
- 2 Bath
- 1080 sft
145- 3 Bed
- 2 Bath
- 1436 sft
- 1 Bed
- 1 Bath
- 768 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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