1219 E LAKE Road Erie, PA ^$ 59,900

1219 E LAKE Road

^$ 59,900

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1219 E LAKE Road

Erie, PA, 16507

^$ 59,900

Bedrooms4 Baths2.0 Sq 2,024

Monthly Estimate*

^$ 398

1219 E LAKE Road, Erie, PA 16507 - Image 1

1219 E LAKE Road, Erie, PA 16507 - Image 2

Multi-Family Home for sale in Erie, PA

for $59,900 with 4 bedrooms and 2 full baths. This 2,024 square foot home was built in 1917 on a lot size of 0.09.

Great opportunity to add a solid cash flowing investment property to your portfolio. Long term tenants in both units, and rents could be increased. Tenants pay all gas and electric, plus the landlord only covers up to $200 per quarter on water, sewer and garbage & the tenants split anything above that amount 50/50. Off-street parking and a 2 car garage is included. Schedule your tour today!

Multi-Family Active

Price

^$ 59,900

Bedrooms

Full Bath

Property Type

Multi-Family

Taxes

^$ 1,066

Style

Lot Size

0.09

Year Built

1917

Town/City

Erie

County/Region

Erie

MLS | Web ID

174257

Features

General

Sewer PublicSewer

Heating ForcedAir Gas

Cooling None

Possession SubjectToTenantRights

Roof Composition

Garage Spaces 2.0

Construction Materials AluminumSiding

Year Built 1917

Security Deposit 2000.0

Township Erie

Property SubType MultiFamily

Tax Year 2023

Gross Income 12000.0

County Erie

Net Operating Income 9635.0

Insurance Expense 500.0

New Construction N

Property Type ResidentialIncome

HOA / Comm Assn N

Attached Garage N

Garage Y/N Y

Status Active

Directions GPS 1219 E Lake Rd

City Erie

View Y/N N

Senior Community Y/N N

High School District City-Erie

Zoning Description C-1

Total Units 2

MLS Area 1 - Erie Northeast

Waterfront Y/N N

Carport Y/N N

Street Name LAKE

Property Attached Y/N N

Year Built Details Actual

Land Lease Y/N N

Tax Annual Amount 1066.0

Home Warranty Y/N N

Property Condition AverageCondition Resale

Water Sewer Expense 800.0

Lease Renewal Y/N N

Additional Parcels Y/N N

Lease Considered Y/N N

Rent Control Y/N N

Days on Market 0

Standard Status Active

Middle/Junior School District City-Erie

Elementary School District City-Erie

Tax Assessed Value 28000

Exterior

Parking Features Detached Garage

Water Source Public

Total Parking 4.0

Lot Size Area 0.09

Spa N

Building Area Total 2024.0

Lot Dimensions 36x115x36x115

Lot Size Acres 0.09

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 Road

Total Bedrooms 4

Electric On Property Y/N N

Total Baths 2

Internal Only

Street Number 1 1219

* Excluded Features

List By

Agresti Real Estate

Broker

isaac@tryagresti.com

Affordability Calculator

$487

Per Month

Monthly Principal & Interest: $398
Monthly Property Taxes: $89
Monthly Home Insurance: --

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Yearly Property Taxes

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 ^$141,083

Percent of Sale Price 136%

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
3/22/2024	$59,900		Listed Price

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1219 E LAKE Road, Erie, PA, 16507 is a Multi-Family Home for sale at $59,900 with 2,024 sqft and a lot size of 0.09. 1219 E LAKE Road has 4 bedrooms, 2.0 baths, and was built in 1917. 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 6/3/2024.

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1219 E LAKE Road

Multi-Family Home for sale in Erie, PA

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