Short Term Rental Investment Properties for Sale in Erie, PA
148- 3 Bed
- 1 Bath
- 1232 sft
-- 3 Bed
- 3 Bath
- - sft
113- 3 Bed
- 1 Bath
- 1032 sft
188- - Bed
- - Bath
- - sft
97- 3 Bed
- 1 Bath
- 1083 sft
128- 4 Bed
- 2 Bath
- 1608 sft
119- 1 Bed
- 1 Bath
- 528 sft
126- 2 Bed
- 2 Bath
- 720 sft
122- 2 Bed
- 1 Bath
- 1036 sft
643- 3 Bed
- 1 Bath
- 1022 sft
142- 4 Bed
- 1 Bath
- - sft
115- 6 Bed
- 2 Bath
- 2088 sft
132- 3 Bed
- 2 Bath
- 1666 sft
589- 2 Bed
- 1 Bath
- 879 sft
65- 2 Bed
- 1 Bath
- 1000 sft
141- 3 Bed
- 2 Bath
- 1219 sft
773- 2 Bed
- 1 Bath
- 1320 sft
109- - Bed
- - Bath
- - sft
128- 2 Bed
- 1 Bath
- 852 sft
145- 2 Bed
- 1 Bath
- 850 sft
539- 4 Bed
- - Bath
- 2208 sft
125- 2 Bed
- 1 Bath
- 1076 sft
98- 2 Bed
- 1 Bath
- 890 sft
395- 2 Bed
- 2 Bath
- 1356 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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