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Welcome to 550 Pierce Street in Old Town Erie! This charming bungalow offers a unique opportunity in one of Erie's most desirable locations. Perfectly livable as-is or ready for your remodel or new build vision, this property is conveniently situated in an amazing location. Just a short distance to restaurants, downtown shopping, the town pool, and the sports park. Featuring 2 bedrooms and 1 bathroom, the home sits on three lots in the Old Town Residential District, which allows for the addition of an accessory dwelling unit (ADU). New roof (June 2023), Fresh paint (2022), RV parking, Alley access, Storage sheds, Newer hot water boiler and hot water heater, Washer and dryer, Bathroom with a walk-in shower and dual sinks Additionally, mineral and gas rights transfer to the new owner at closing. Don't miss this rare chance to own a property with so much potential in a hard to find location! Whether you're looking to move in, renovate, or build. Seller is offering this property in its current condition.