1060-62 W 5TH Street Erie, PA ^$ 99,900

1060-62 W 5TH Street

^$ 99,900

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1060-62 W 5TH Street

Erie, PA, 16507

^$ 99,900

Bedrooms6 Baths0.0 Sq 1,904

Monthly Estimate*

^$ 664

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Multi-Family Home for sale in Erie, PA

for $99,900 with 6 bedrooms. This 1,904 square foot home was built in 1900 on a lot size of 0.0781.

Do not miss out on this nice two unit Centrally located right off Eries Bayfront. Both units fully occupied! Upstairs unit has access to the attic which has a few extra rooms perfect for storage! Lower unit could be a 2-3 bedroom unit. 2 hot water tanks, 2 furnaces and 2 100-amp electric boxes. This could be a great add on to any seasoned investors portfolio! Schedule your tours today!

Multi-Family Active

Price

^$ 99,900

Bedrooms

Property Type

Multi-Family

Taxes

^$ 1,659

Style

Two Story

Lot Size

0.0781

Year Built

1900

Town/City

Erie

County/Region

Erie

MLS | Web ID

173870

Features

General

Sewer PublicSewer

Heating ForcedAir Gas

Cooling None

Possession CloseOfEscrow

Roof Asphalt

Garage Spaces 0.0

Architectural Style TwoStory

Construction Materials Mixed

Year Built 1900

Security Deposit 2000.0

Stories 2

Township Erie

Levels Two

Property SubType MultiFamily

Tax Year 2024

Gross Income 17400.0

County Erie

Net Operating Income 15768.0

New Construction N

Property Type ResidentialIncome

HOA / Comm Assn N

Attached Garage N

Garage Y/N N

Status Active

Directions 1060-1062 W 5th between Raspberry and cascade

City Erie

View Y/N N

Senior Community Y/N N

High School District City-Erie

Zoning Description R-2

Total Units 2

MLS Area 2 - Erie Northwest

Waterfront Y/N N

Carport Y/N N

Street Name 5TH

Property Attached Y/N N

Year Built Details Actual

Land Lease Y/N N

Tax Annual Amount 1659.0

Home Warranty Y/N N

Property Condition AverageCondition Resale

Lease Renewal Y/N N

Additional Parcels Y/N N

Lease Considered Y/N N

Rent Control Y/N N

Days on Market 94

Standard Status Active

Middle/Junior School District City-Erie

Elementary School District City-Erie

Tax Assessed Value 42900

Exterior

Lot Features Flat

Water Source Public

Total Parking 2.0

Lot Size Area 0.0781

Spa N

Building Area Total 1904.0

Lot Dimensions 40x85x0x0

Lot Size Acres 0.0781

Road Surface Type Paved

Lot Size Units Acres

Crops Included Y/N N

Open Parking Y/N N

Horse Y/N N

Irrigation Water Rights Y/N N

Interior

Basement (Y/N) N

Air Conditioning Y/N N

Heating Y/N Y

Fireplace Y/N N

Street Suffix Street

Total Bedrooms 6

Electric On Property Y/N N

Internal Only

Street Number 1 1060

* Excluded Features

List By

Exp Realty, Llc

Broker

JPHood2411@gmail.com

Affordability Calculator

$802

Per Month

Monthly Principal & Interest: $664
Monthly Property Taxes: $138
Monthly Home Insurance: --

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Interest Rate

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Yearly Home Insurance

Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Multi-family listings in Erie, PA

Average List Price ^$138,131

Percent of Sale Price 38%

About Erie, PA

98,207 Population

-5% Since 2002

^$35,437 Median Income

35.3 Median Age

26% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

2358928 Elementary School

2358969 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
2/16/2024	$99,900		Listed Price

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1060-62 W 5TH Street, Erie, PA, 16507 is a Multi-Family Home for sale at $99,900 with 1,904 sqft and a lot size of 0.0781. 1060-62 W 5TH Street has 6 bedrooms, 0.0 baths, and was built in 1900. The property's zip code is 16507 which is in Erie, PA

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Listing data provided courtesy of the Internet Data Exchange Program of the Greater Erie Board of Realtors.

The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of the Greater Erie Board of Realtors. Real Estate listings held by brokerage firms (licensees) other than Weichert Realtors include the name of the listing brokers.

The information being provided is for consumers' personal, non-commercial use and may not be reproduced or redistribute. Its sole purpose is to be used for no other purpose than to identify prospective properties consumers may be interested in purchasing.

Data is updated as of 5/28/2024.

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1060-62 W 5TH Street

Multi-Family Home for sale in Erie, PA

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