Great 2-unit investment property featuring 2 bedrooms and 1 bath in each unit. Separate gas and electric utilities make this an attractive property. Long-term tenants in each unit. Rents are currently below market. Opportunity awaits!
Sold for $48,000
$48,000
1101 Pennsylvania Ave, Erie, PA 16503
4beds
2baths
1,544sqft
Multi Family, Apartment
Built in 1907
-- sqft lot
$86,300 Zestimate®
$31/sqft
$1,038 Estimated rent
Home value
$86,300
$63,000 - $113,000
$1,038/mo
Zestimate® history
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$264/mo
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Zillow last checked:
Listing updated:
Listed by:
Eric Hammill (814)580-8232,
Agresti Real Estate
Bought with:
Brandon Penn, RS324868
Keller Williams Realty
Source: GEMLS,MLS#: 178228Originating MLS: Greater Erie Board Of Realtors
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 2
Heating
- Forced Air, Gas
Cooling
- None
Interior area
- Total structure area: 1,544
- Total interior livable area: 1,544 sqft
Property
Lot
- Size: 4,878 Square Feet
- Dimensions: 31 x 161 x 0 x 0
Details
- Parcel number: 15020048.0225.00
- Zoning description: R-2
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Flat
- Property subtype: Multi Family, Apartment
Materials
- Frame
- Roof: Asphalt
Condition
- Resale
- Year built: 1907
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Deposit fee: $2,000
Location
- Region: Erie
Financial & listing details
- Price per square foot: $31/sqft
- Tax assessed value: $32,400
- Annual tax amount: $1,281
- Date on market: 8/1/2024
- Cumulative days on market: 35 days
- Listing terms: Cash
- Road surface type: Paved
Price history
| Date | Event | Price |
|---|---|---|
| 10/18/2024 | Sold | $48,000-12.7%$31/sqft |
Source: GEMLS #178228 Report a problem | ||
| 9/22/2024 | Pending sale | $55,000$36/sqft |
Source: GEMLS #178228 Report a problem | ||
| 9/16/2024 | Listed for sale | $55,000$36/sqft |
Source: GEMLS #178228 Report a problem | ||
| 9/11/2024 | Pending sale | $55,000$36/sqft |
Source: GEMLS #178228 Report a problem | ||
| 8/18/2024 | Listed for sale | $55,000$36/sqft |
Source: GEMLS #178228 Report a problem | ||
| 8/7/2024 | Pending sale | $55,000$36/sqft |
Source: GEMLS #178228 Report a problem | ||
| 8/1/2024 | Listed for sale | $55,000+205.6%$36/sqft |
Source: GEMLS #178228 Report a problem | ||
| 9/22/2005 | Sold | $18,000+319.5%$12/sqft |
Source: Public Record Report a problem | ||
| 9/27/2004 | Sold | $4,291$3/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $1,281 | $32,400 |
| 2024 | $1,281 +5.2% | $32,400 |
| 2023 | $1,218 +2.1% | $32,400 |
| 2022 | $1,192 | $32,400 |
| 2021 | $1,192 +95.4% | $32,400 |
| 2020 | $610 -44.9% | $32,400 |
| 2019 | $1,106 -12.8% | $32,400 |
| 2018 | $1,269 +3.6% | $32,400 |
| 2017 | $1,225 +0.7% | $32,400 |
| 2016 | $1,217 +15.9% | $32,400 |
| 2015 | $1,050 | $32,400 |
| 2014 | $1,050 +557.3% | $32,400 |
| 2013 | $160 -25.2% | $32,400 -8.2% |
| 2012 | $213 | $35,280 |
| 2011 | $213 | $35,280 |
| 2010 | $213 +11% | $35,280 |
| 2009 | $192 | $35,280 |
| 2008 | -- | $35,280 |
| 2005 | $1,087 +1150.4% | $35,280 |
| 2004 | $87 | $35,280 |
| 2003 | -- | $35,280 |
Find assessor info on the county website
Neighborhood: 16503
Nearby homes
- $--2 bd1 ba-- sqft1101 Pennsylvania Ave #1, Erie, PA 16503Off Market
- $--2 bd1 ba800 sqft1101 Pennsylvania Ave #2, Erie, PA 16503Off Market
- $30,7604 bd1 ba1.5k sqft1105 Pennsylvania Ave, Erie, PA 16503Off Market
- $700-- bd-- ba-- sqft1031 Pennsylvania Ave, Erie, PA 16503Off Market
- $29,5004 bd1 ba1.5k sqft1107 Pennsylvania Ave, Erie, PA 16503Off Market
- $79,8004 bd2 ba1.8k sqft1027 Pennsylvania Ave, Erie, PA 16503Off Market
- $33,7003 bd2 ba1.3k sqft1109 Pennsylvania Ave, Erie, PA 16503Off Market
- $96,6004 bd1 ba1.2k sqft1107 E 11th St, Erie, PA 16503Off Market
Nearby schools
GreatSchools rating
- 3/10Edison Elementary SchoolGrades: PK-5Distance: 1.1 mi
- 3/10East Middle SchoolGrades: 6-8Distance: 0.3 mi
- 1/10Erie High SchoolGrades: 9-12Distance: 2.5 mi
Schools provided by the listing agent
- District: City-Erie
Source: GEMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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$86,300
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$88,026
- Pennsylvania
- Erie County
- Erie
- 16503
- 1101 Pennsylvania Ave
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