Sold for $52,000

$52,000

2412 Pennsylvania Ave, Erie, PA 16503

4beds

4baths

3,012sqft

Multi Family

Built in 1896

-- sqft lot

$-- Zestimate^®

$17/sqft

$1,366 Estimated rent

Home value

Not available

Estimated sales range

Not available

$1,366/mo

Zestimate^® history

Owner options

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$1,366/mo

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$1,366/mo

Rent Zestimate^®

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$368/mo

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$368/mo

Est. payment

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What's special

Great income potential with this 4-unit! Current rents below market. Three of the four kitchens have been remodeled and one bathroom remodeled recently. Front upper unit in process of being finished as a two bedroom apartment, while the rear upper unit was converted to an efficiency. Separate utilities. Two-car garage included. There are repairs needed and some new materials, including flooring and tile, will be included with sale. Not many 4-unit properties on the market so don't wait on this one!

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 4
Bathrooms: 4

Heating

Forced Air, Gas

Cooling

None

Interior area

Total structure area: 3,012
Total interior livable area: 3,012 sqft

Property

Parking

Total spaces: 2
Parking features: Detached, Garage
Garage spaces: 2

Features

Levels: Two
Stories: 2

Lot

Size: 2,613 Square Feet
Dimensions: 33 x 90 x 0 x 0
Features: Level

Details

Parcel number: 18050042.0203.00
Zoning description: R-2

Construction

Type & style

Home type: MultiFamily
Architectural style: Two Story
Property subtype: Multi Family

Materials

Vinyl Siding
Roof: Composition

Condition

Year built: 1896

Utilities & green energy

Sewer: Public Sewer
Water: Public

Community & HOA

Community

Deposit fee: $1,500

Location

Region: Erie

Financial & listing details

Price per square foot: $17/sqft
Tax assessed value: $38,700
Annual tax amount: $1,455
Date on market: 5/25/2023
Cumulative days on market: 10 days
Listing terms: Cash
Road surface type: Paved

Price history

Date	Event	Price
10/12/2023	Sold	$52,000+6.1%$17/sqft
Source: Public Record Report a problem
6/20/2023	Sold	$49,000$16/sqft
Source: GEMLS #168342 Report a problem
6/2/2023	Pending sale	$49,000$16/sqft
Source: GEMLS #168342 Report a problem
5/25/2023	Listed for sale	$49,000$16/sqft
Source: GEMLS #168342 Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$1,530	$38,700
2024	$1,530 +5.2%	$38,700
2023	$1,455 +2.1%	$38,700
2022	$1,424	$38,700
2021	$1,424 +95.4%	$38,700
2020	$729 -44.9%	$38,700
2019	$1,322 -12.8%	$38,700
2018	$1,516 +3.6%	$38,700
2017	$1,463 +0.7%	$38,700
2016	$1,454 +15.9%	$38,700
2015	$1,254	$38,700
2014	$1,254 +557.3%	$38,700
2013	$191 +28.2%	$38,700 +57.3%
2012	$149	$24,600
2011	$149	$24,600
2010	$149 +11%	$24,600
2009	$134	$24,600
2008	--	$24,600
2005	$758	$24,600
2004	$758	$24,600
2003	--	$24,600