Grand Victorian Estate & Double-Lot Compound: 1881 – Offered at $99,000

Offering an extraordinary scale of post-Civil War masonry architecture, this grand 2,990-square-foot brick landmark at 655 Brown Ave represents an exceptional value-add opportunity in Erie, Pennsylvania.

Listed by: Patricia Gesswein 267-765-2080, HOUWZER, INC. 267-765-2080

 

Listed at an unmatched baseline price of $99,000—equating to an astounding ~$33 per square foot—this 1881-built four-bedroom, three-bathroom Victorian estate is commandingly situated on a corner lot and sold bundled with the adjacent parcel at 21 West St, creating an expansive 18,700+ square foot double-lot compound.

Holding flexible R2 Multi-Family Zoning Designation, this property provides a phenomenal canvas for a luxury single-family restoration, a high-yield multi-family conversion, or a high-margin renovation flip. Paired with impressive outbuilding infrastructure—including two separate detached two-car garages—this historic estate offers raw pre-war volume at a rock-bottom entry cost.

The residence delivers an authoritative street presence along Brown Avenue, showcasing solid double-brick exterior walls, high-pitched gables, and classic 19th-century window proportions. Inside, the 2,990-square-foot interior spans 10 generous rooms distributed across two main finished floors plus a full basement, ready to be reconfigured into a custom modern masterpiece.

🏛️ Main Manor Interior Layout & R2 Multi-Family Versatility

The home’s two-story floor plan is masterfully proportioned, offering clear-span room dimensions that support tailored single-family or multi-unit layouts:

The Ground Floor Common Core: Features grand formal reception parlors, a spacious formal dining room, and a large rear kitchen footprint. The main level easily accommodates expansive living zones, dedicated home offices, and a full guest bathroom setup.

The Upper Residential Tier: A central staircase leads to the secondary story, which houses four true, oversized family bedrooms and additional bathroom facilities. Soaring ceiling clearances and tall window distributions fill every chamber with natural light.

R2 Zoning & Multi-Unit Potential: The property’s official R2 designation allows an investor to legally convert the 10-room footprint into a high-yield multi-family rental asset (such as a duplex or triplex) to maximize cash flow.

Full Basement Foundation: Provides a vast unconditioned footprint for utility systems, laundry facilities, or secure tenant storage lockers.

🚗 Dual Garage Infrastructure & 18,700+ Sqft Compound

The defining feature of this $99,000 transaction is the massive combined footprint and outbuilding capacity:

Two Detached 2-Car Garages: Includes two separate detached two-car garages, delivering four total covered parking spaces. This setup provides exceptional storage for vehicles and workshop tools, or can be rented out independently for secondary passive income.

18,700+ Sqft Double Parcel: Bundling 655 Brown Ave ($3,464/yr tax) with 21 West St ($351/yr tax) creates over 0.43 acres of level, usable land in the city center—providing rare space for private gardens, outdoor entertaining, or potential future secondary structures.

📋 Property Specifications

💰 Price: $99,000 (An incredible ~$33/sqft acquisition baseline)

📍 Address: 655 Brown Ave, Erie, PA 16502 (Bundled with 21 West St / Erie County)

📜 Architectural Standing: 1881 High-Style Brick Victorian Manor

🏛️ Zoning Jurisdiction: R2 Multi-Family Zoning Designation (High-yield conversion potential)

📐 Interior Size: 2,990 finished above-grade sqft (10 Total Rooms + Full Basement)

🌳 Lot Size: 18,700+ sqft (0.43+ Acres / Combined double-lot compound)

🛏️ Bedrooms: 4 (Oversized, light-filled chambers set across upper tier)

🛁 Bathrooms: 3 Full Bathrooms

🏗️ Year Built: 1881 (Post-Civil War Gilded Era / Solid Brick Construction)

🛠️ Property Status: Full Value-Add Restoration Project / Multi-Family Conversion Canvas

🚙 Outbuildings: 2 Separate detached 2-car garages (4 total covered parking bays)

🔍 Key Features & Preservation Value Points Explained

🏛️ Mind-Blowing Financial Runway at ~ $33 Per Square Foot: Securing a standalone, nearly 3,000-square-foot brick Victorian on an 18,700+ square foot double lot with two garages for under $100,000 represents an extraordinary value-add opportunity. The ultra-low purchase price leaves a vast capital cushion for a comprehensive restoration.

🧱 Permanent Solid-Brick Construction: Sourcing an 1881 residence constructed with true solid masonry exterior walls completely eliminates future concerns regarding siding rot, offering a permanent structural envelope that regulates indoor temperature naturally.

🚙 Four Covered Parking Bays & Extra Lot Utility: Having two independent 2-car garages alongside a large vacant adjacent lot provides rare urban flexibility. The extra land can serve as a private garden oasis, while the extra garage bays offer immediate storage or rental income options.

📍 Strategic Erie Commuter Location: Located on Brown Avenue, residents enjoy a connected city lifestyle inside Erie’s historic grid. Walk or drive in minutes to Erie’s Bayfront District, UPMC Hamot medical centers, Gannon University, local parks, and Presque Isle State Park beaches, while maintaining rapid transit links via I-79 and Route 5 for direct commutes across the region.

Listed by: Patricia Gesswein 267-765-2080, HOUWZER, INC. 267-765-2080

Listed by: Patricia Gesswein 267-765-2080, HOUWZER, INC. 267-765-2080

Listed by: Patricia Gesswein 267-765-2080, HOUWZER, INC. 267-765-2080

Zillow link https://www.zillow.com/homedetails/655-Brown-Ave-Erie-PA-16502/52579617_zpid/

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