Beautiful corner lot on Erie's east side. The second floor is completely renovated & ready to rent! New carpet, fresh paint, new windows, new tile, new kitchen, new H20 tank. Projected CAP RATE/COC-14.45%/46.47%
Great owner occupied or great investor cash flow. First floor has long term tenant. Second floor offers lots of room with option on expanding with walk up attic. Second floor has master bedroom, 2 full baths, laundry, dishwasher, micro, range and refrigerator with a ginormous living room.
As the MLS and public records start to fill up, we'll list the details here.
Public record
Public record
Zoning
Beds
—
Baths
—
Stories
—
Lot width
—
Lot depth
—
Lot size
—
Year renovated
—
Sq. Ft.
—
Year built
—
Style
Multi-Family (2-4 Unit)
County
Erie County
APN
18-050-031.0-126.00
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Jun 8, 2023.
RLB
Residential Limited Commercial District
Residential Limited Commercial District is primarily for residential uses, home occupations, and limited commercial uses, generally located in the developed areas along major thoroughfares or adjacent to Commercial or Manufacturing Districts.
Permitted uses
Include but are not limited to:
Greenhouse / nursery
Religious facility
Bank
Convenience store
Day care facility
Housing-Multiple units
Housing-Senior
Bed & breakfast
Office
Medical office
Property details
Parking
Parking/Garage Information
Has Garage
# of Garage Spaces: 1
Interior
Heating & Cooling
Cooling: None
Has Heating
Heating: Forced Air
Unit Type 1 Information
# of Bedrooms: 2
Actual Rent: $650
Unit Type 2 Information
# of Bedrooms: 1
Actual Rent: $450
Exterior
Exterior Features
Roof: Asphalt
Building Information
Sq. Ft.: 2808
Construction Materials: Brick
Property Information
Property Type: Residential Income
Property Sub Type: Multi Family
Raw Mls Property Sub Type: MultiFamily
Lot Information
Road Surface Type: Paved
Lot Size Dimensions: 33 x 90
Lot Size Units: Acres
Zoning Description: RLB
Financial
Tax Information
Tax Annual Amount: $2,245
Utilities
Utility Information
Water Source: Public
Sewer: Public Sewer
Location
Location Information
Directions: Going East on 26th st, house is on left corner of Reed St.
Public facts
Beds: —
Baths: —
Sq. Ft.: —
Stories: —
Lot Size: —
Style: Multi-Family (2-4 Unit)
Year Built: —
Year Renovated: —
County: Erie County
APN: 18-050-031.0-126.00
Home facts updated by county records on Jun 8, 2023
Other
Listing Information
List AOR: GreaterErieBoardOfRealtors
Around this home
Schools
McKinley Elementary School
Public PreK-5 • Assigned • 0.4mi
3/10
Wilson Middle School
Public 6-8 • Assigned • 0.1mi
4/10
Erie High School
Public 9-12 • Assigned • 1.6mi
1/10
Provided by GreatSchools
Lifestyle
Provided by Walk Score and Local Logic
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
3/10 Heat Factor
7 days above 90° expected this year, 17 days in 30 years
1/10 Wind Factor
Minimal risk of severe winds over next 30 years
2/10 Air Factor
1 unhealthy days expected this year, 3 days in 30 years
Provided by First Street
Historical weather
Erie, PA • 16503
Average low and high temperatures (°F)
30
19
34
22
51
33
59
42
64
50
78
62
82
68
78
63
75
59
64
49
50
40
38
27
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
In this area, properties receive around 9.2 hours in
June and 1.7 hours in December, placing it below the
U.S. average for solar exposure.
9.2 hrs
1.7 hrs
JuneDecember
Provided by Shadowmap
Estimated sale price
$125,000 – $151,000
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