Looking for a solid money-making investment property? This two unit has had a great rental history. Both units offer 2 Bedrooms, 1 Bath. Located in downtown Edinboro and close to Penn West/Edinboro University and Edinboro Lake. Separate utilities for each unit. Tenants pay gas and electric. 1st floor $665 per month, 2nd Floor $590 per month. 1st Floor, LR 13x13, K 11x12'6, BR 11'x12'6, BR 8x13'6" (Lease 8/1/23-8/1/24) * 2nd Floor LR 9'6 x 10, K 8'6x10', BR 10x13, BR 10x10 (Lease 5/1/23-4/30/24) 24 hr notice required for showings. This property is eligible for participation in the Edinboro Block Grant with matching funds for exterior facade improvements up to $5,000.
Sold for $80,000
$80,000
131 Waterford St, Edinboro, PA 16412
4beds
2baths
1,468sqft
Multi Family
Built in 1930
-- sqft lot
$151,000 Zestimate®
$54/sqft
$1,185 Estimated rent
Home value
$151,000
$125,000 - $178,000
$1,185/mo
Zestimate® history
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$440/mo
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Zillow last checked:
Listing updated:
Listed by:
Carol Johnson (814)833-9801,
RE/MAX Real Estate Group Erie,
Brian Johnson 814-449-0752,
RE/MAX Real Estate Group Erie
Bought with:
Hannah Mindek-Allessie, RS319194
RE/MAX Real Estate Group East
Source: GEMLS,MLS#: 170087Originating 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: 1,468
- Total interior livable area: 1,468 sqft
Property
Features
- Levels: Two
- Stories: 2
Lot
- Size: 4,085 Square Feet
- Dimensions: 93 x 118 x 0 x 0
- Features: Corner Lot
Details
- Parcel number: 11011035.0007.02
- Zoning description: R-2
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Two Story
- Property subtype: Multi Family
Materials
- Aluminum Siding
- Roof: Composition
Condition
- Average Condition,Resale
- Year built: 1930
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Deposit fee: $5,000
Location
- Region: Edinboro
Financial & listing details
- Price per square foot: $54/sqft
- Tax assessed value: $88,500
- Annual tax amount: $2,150
- Date on market: 7/13/2023
- Cumulative days on market: 316 days
- Listing terms: See Remarks
- Road surface type: Paved
Price history
| Date | Event | Price |
|---|---|---|
| 7/18/2024 | Sold | $80,000-19.9%$54/sqft |
Source: GEMLS #170087 Report a problem | ||
| 5/23/2024 | Pending sale | $99,900$68/sqft |
Source: GEMLS #170087 Report a problem | ||
| 9/7/2023 | Price change | $99,900-9.2%$68/sqft |
Source: GEMLS #170087 Report a problem | ||
| 7/13/2023 | Listed for sale | $110,000-4.3%$75/sqft |
Source: GEMLS #170087 Report a problem | ||
| 8/21/2021 | Listing removed | -- |
Source: GEMLS Report a problem | ||
| 8/21/2020 | Price change | $114,900-2.5%$78/sqft |
Source: Coldwell Banker Select - Edinboro #153035 Report a problem | ||
| 3/5/2019 | Listed for sale | $117,900$80/sqft |
Source: Coldwell Banker Select, REALTORS #136318 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $2,402 +3.1% | $88,500 |
| 2024 | $2,329 +8.3% | $88,500 |
| 2023 | $2,151 +2.5% | $88,500 |
| 2022 | $2,097 | $88,500 |
| 2021 | $2,097 +132.1% | $88,500 |
| 2020 | $904 -55.7% | $88,500 |
| 2019 | $2,041 -17.8% | $88,500 |
| 2018 | $2,482 +3.5% | $88,500 |
| 2017 | $2,398 +0.9% | $88,500 |
| 2016 | $2,376 +87% | $88,500 |
| 2015 | $1,271 -33.8% | $88,500 |
| 2014 | $1,920 +340% | $88,500 |
| 2013 | $436 -5.1% | $88,500 +16.4% |
| 2012 | $460 | $76,000 |
| 2011 | $460 | $76,000 |
| 2010 | $460 +11% | $76,000 |
| 2009 | $414 | $76,000 |
| 2008 | -- | $76,000 |
| 2005 | $572 | $76,000 -7.2% |
| 2004 | $572 | $81,910 |
| 2003 | -- | $81,910 |
Find assessor info on the county website
Neighborhood: 16412
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Nearby schools
GreatSchools rating
- 10/10Edinboro El SchoolGrades: K-4Distance: 1.2 mi
- 9/10James W Parker Middle SchoolGrades: 5-8Distance: 2.8 mi
- 8/10General McLane High SchoolGrades: 9-12Distance: 2.9 mi
Schools provided by the listing agent
- District: General McLane
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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- Pennsylvania
- Erie County
- Edinboro
- 16412
- 131 Waterford St
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