!INVESTORS DELIGHT! This 3-unit, CASH FLOWING, investment property boasts over a 10% CAP RATE with the current income and expenses at the listed purchase price. Wonderfully located about a mile west of PRESQUE ISLE, this COMMERCIALLY ZONED MU1 listing creates a robust opportunity for local businesses. Front upstairs unit and back detached bungalow dwelling are both NEWLY RENOVATED. The bungalow dwelling in the back has a NEW METAL ROOF and FENCED IN BACKYARD as well. Add this PROVEN and VERSATILE investment property to your portfolio before it's too late! CALL TODAY!
Multi-familyProperty Type
1950Year Built
0.32 acresLot Size
$145Est. Price/Sq.Ft.
4 spacesParking
Listed by Samuel Sweny• Agresti Real Estate
Contact: (814) 923-7330
Bought with Marcey Buckeye Kinkoph• Howard Hanna Erie Southwest
Investors take a look. This 3-unit rental property located in Millcreek brings steady cash flow. Clean apartments with tenant occupancy in the front house. The back unit is unoccupied and ready to be rented. MU-1 zoning (can be used for commercial purposes). Do not miss out on this one!
Public Records
May 2, 1985
Sold
$50,000
$23/sq ft
Year
Property tax
Land + Additions
Assessment*
2026
$3,567 (+3.6%)
$21,900 + $103,310
$125,210
2025
$3,441 (+2.7%)
$21,900 + $103,310
$125,210
2024
$3,351 (+5.9%)
$21,900 + $103,310
$125,210
2023
$3,163 (+4.1%)
$21,900 + $103,310
$125,210
2022
$3,039 (+1.1%)
$21,900 + $103,310
$125,210
2021
$3,007 (+1.1%)
$21,900 + $103,310
$125,210
2020
$2,975 (+1.7%)
$21,900 + $103,310
$125,210
2019
$2,926 (+2.5%)
$21,900 + $103,310
$125,210
2018
$2,854 (+0.2%)
$21,900 + $103,310
$125,210
2017
$2,847 (+4.5%)
$21,900 + $103,310
$125,210
2015
$2,724
$21,900 + $103,310
$125,210
Tax history for 3673 W Lake Rd
Year
Property tax
Land + Additions
Assessment*
2026
$3,567 (+3.6%)
$21,900 + $103,310
$125,210
2025
$3,441 (+2.7%)
$21,900 + $103,310
$125,210
2024
$3,351 (+5.9%)
$21,900 + $103,310
$125,210
2023
$3,163 (+4.1%)
$21,900 + $103,310
$125,210
2022
$3,039 (+1.1%)
$21,900 + $103,310
$125,210
2021
$3,007 (+1.1%)
$21,900 + $103,310
$125,210
2020
$2,975 (+1.7%)
$21,900 + $103,310
$125,210
2019
$2,926 (+2.5%)
$21,900 + $103,310
$125,210
2018
$2,854 (+0.2%)
$21,900 + $103,310
$125,210
2017
$2,847 (+4.5%)
$21,900 + $103,310
$125,210
2015
$2,724
$21,900 + $103,310
$125,210
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Public record
Beds
3
Baths
2
Stories
1.5
Lot width
—
Lot depth
—
Lot size
0.32 Acres
Year renovated
—
Sq. Ft.
1,470
Year built
1940
Style
Other
County
Erie County
APN
33018083000300
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Jul 20, 2026.
Property details
Parking
Parking/Garage Information
# of Parking Spaces Total: 4
Interior
Heating & Cooling
Cooling: None
Has Heating
Heating: Forced Air
Exterior
Exterior Features
Roof: Asphalt, Metal
Building Information
Sq. Ft.: 2130
Construction Materials: Frame, Vinyl Siding
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 : 0.3196
Lot Size Dimensions: 60 x 227
Lot Size Area: 0.3196
Lot Size Units: Acres
Lot Size Acres: 0.3196
Zoning Description: MU
Financial
Tax Information
Tax Annual Amount: $3,351
Utilities
Utility Information
Water Source: Public
Sewer: Public Sewer
Location
Unit Type 1 Information
Description: Laundry
# of Bedrooms: 2
# of Bathrooms: 1
Actual Rent: $750
Unit Type 2 Information
# of Bedrooms: 1
# of Bathrooms: 1
Actual Rent: $675
Unit Type 3 Information
Description: Furnished, Range/Oven, Refrigerator
# of Bedrooms: 1
# of Bathrooms: 1
Actual Rent: $1,700
Schools Information
Elementary School District: Millcreek
Middle Or Junior School District: Millcreek
High School District: Millcreek
Location Information
Directions: NORTH ON POWELL AVE TO W LAKE RD - EAST ON WESTLAKE RD - 3673 W LAKE RD
Public facts
Beds: 3
Baths: 2.0
Sq. Ft.: 1,470
Stories: 1.5
Lot Size: 0.32 acres
Style: Other
Year Built: 1940
Year Renovated: —
County: Erie County
APN: 33018083000300
Home facts updated by county records on Jul 20, 2026
Other
Listing Information
List AOR: GreaterErieBoardOfRealtors
AttributionContact: (814) 923-7330
Around this home
Schools
Tracy El School
Public K-5 • Assigned • 1.5mi
5/10
Westlake Middle School
Public PreK-8 • Assigned • 1.0mi
6/10
McDowell High School
Public PreK-12 • Assigned • 2.0mi
7/10
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
2/10 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
3/10 Air Factor
3 unhealthy days expected this year, 3 days in 30 years
Provided by First Street
Historical weather
Erie, PA • 16505
Average low and high temperatures (°F)
30
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82
67
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62
75
59
63
48
50
39
38
27
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
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Oct
Nov
Dec
Sun exposure
Try the sun simulator tool to see how light moves across the property at different times of day and year.
Provided by Shadowmap
Estimated sale price
$294,000 – $355,000
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