Seller's Agent in 2026
Jake Scheloske
Agresti Real Estate
(814) 449-7973
13 in this area
861 Total Sales
Introducing the Elk Creek Historical Lodge — a rare 16-unit approved boarding house delivering serious cash flow and a strong 13.5% cap rate with large net income. This income-producing asset features 16 rentable units plus an on-site property manager for streamlined, hands-off operations. Situated on over an acre, the lodge blends historic character with practical upgrades, including industrial-grade kitchen equipment, a spacious common area ideal for group gatherings, two marble fireplaces, updated electrical, a commercial boiler system, and brand-new plumbing in 11 upper units. Ample off-street parking adds convenience, while flexible commercial/residential zoning and a valuable lodge tax exemption further enhance returns. With solid rental history and value-add stability, this is a high-yield investment opportunity you don’t want to miss. POSSIBLE OWNER FINANCING AVAILABLE WITH 75K DOWN.
Last Agent to Sell the Property
Agresti Real Estate License #RS318016 Listed on: 02/28/2026
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $215,000 | None Available | |
| Warranty Deed | $125,000 | -- | |
| Corporate Deed | -- | -- |
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $172,000 | Future Advance Clause Open End Mortgage | |
| Previous Owner | $200,000 | Commercial |
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 04/01/2026 04/01/26 | Sold | $449,900 | 0.0% | $36 / Sq Ft |
| 02/28/2026 02/28/26 | For Sale | $449,900 | -- | $36 / Sq Ft |
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2026 | $5,854 | $192,000 | $91,100 | $100,900 |
| 2025 | $5,854 | $192,000 | $91,100 | $100,900 |
| 2024 | $5,345 | $192,000 | $91,100 | $100,900 |
| 2023 | $5,163 | $192,000 | $91,100 | $100,900 |
| 2022 | $5,032 | $192,000 | $91,100 | $100,900 |
| 2021 | $4,971 | $192,000 | $91,100 | $100,900 |
| 2020 | $4,923 | $192,000 | $91,100 | $100,900 |
| 2019 | $4,810 | $192,000 | $91,100 | $100,900 |
| 2018 | $4,639 | $192,000 | $91,100 | $100,900 |
| 2017 | $4,524 | $192,000 | $91,100 | $100,900 |
| 2016 | $5,282 | $192,000 | $91,100 | $100,900 |
| 2015 | $5,234 | $192,000 | $91,100 | $100,900 |
| 2014 | $2,256 | $192,000 | $91,100 | $100,900 |
Seller's Agent in 2026
Jake Scheloske
Agresti Real Estate
(814) 449-7973
13 in this area
861 Total Sales
Buyer's Agent in 2026
Nicholas Haller
Coldwell Banker Select - Peach
(814) 459-9400
4 in this area
140 Total Sales
Source: Greater Erie Board of REALTORS®
MLS Number: 189799
APN: 23-015-048.0-011.00
Ask me questions while you tour the home.