Recently updated multi family property with 3 bed rooms 1 bath on each side. Off street parking for four vehicles on newly graveled driveway. Each units hardwood floors were professionally sanded/sealed. Both bathrooms have tiled floors and 2516 has a tiled shower. Each side of the property has been completely repiped with PEX plumbing. Each side comes equipped with all appliances. Brand new roof, new sheathing and gutter system. New front deck was put on the property in 2020 as well as stairs to the rear entrances of both units. New doors and motion lights were installed in rear of the property. Newer furnace, and high efficiency boiler on other side. Both sides hot water tanks have been replaced within 12 months. Very big back yard for the city with a garage that could be used for storage. Each unit is currently occupied bringing in a combined income of $1,300 monthly. Each unit is responsible for all utilities including water, sewer, and garbage. Property taxes are under $1,000 a month. Please contact me to arrange a walk through.
Mitch Boetcher
814-528-2542
Sold for $47,000
$47,000
2514-16 Wayne St, Erie, PA 16503
6beds
2,848sqft
MultiFamily
Built in 1916
-- sqft lot
$60,900 Zestimate®
$17/sqft
$1,015 Estimated rent
Home value
$60,900
$49,000 - $75,000
$1,015/mo
Zestimate® history
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List your homeWhat's special
Updated multi family propertyCompletely repipedMotion lightsHardwood floorsTiled showerPex plumbing
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
- Bathrooms: 2
- Full bathrooms: 2
Heating
- Forced air, Radiant, Gas
Cooling
- None
Appliances
- Included: Dryer, Range / Oven, Refrigerator, Washer
Features
- Flooring: Tile, Hardwood
- Basement: Unfinished
Interior area
- Total interior livable area: 2,848 sqft
Property
Parking
- Total spaces: 4
- Parking features: Garage - Detached, Off-street
Features
- Exterior features: Brick
- Has view: Yes
- View description: None
Lot
- Size: 7,840 Square Feet
Details
- Parcel number: 18050031010300
Construction
Type & style
- Home type: MultiFamily
Materials
- Roof: Shake / Shingle
Condition
- Year built: 1916
Community & HOA
Location
- Region: Erie
Financial & listing details
- Price per square foot: $17/sqft
- Tax assessed value: $24,900
- Annual tax amount: $985
Price history
| Date | Event | Price |
|---|---|---|
| 12/18/2024 | Sold | $47,000-59.1%$17/sqft |
Source: Public Record Report a problem | ||
| 3/13/2022 | Listing removed | -- |
Source: Owner Report a problem | ||
| 1/31/2022 | Listed for sale | $115,000+363.7%$40/sqft |
Source: Owner Report a problem | ||
| 4/3/2009 | Sold | $24,800$9/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $985 | $24,900 |
| 2024 | $985 +5.2% | $24,900 |
| 2023 | $936 +2.1% | $24,900 |
| 2022 | $916 | $24,900 |
| 2021 | $916 +95.4% | $24,900 |
| 2020 | $469 -44.9% | $24,900 |
| 2019 | $850 -12.8% | $24,900 |
| 2018 | $975 +3.6% | $24,900 |
| 2017 | $942 +0.7% | $24,900 |
| 2016 | $935 +15.9% | $24,900 |
| 2015 | $807 | $24,900 |
| 2014 | $807 +557.3% | $24,900 |
| 2013 | $123 -36.5% | $24,900 -22.1% |
| 2012 | $193 | $31,950 |
| 2011 | $193 | $31,950 |
| 2010 | $193 +11% | $31,950 |
| 2009 | $174 | $31,950 |
| 2008 | -- | $31,950 |
| 2005 | $974 | $31,950 +1% |
| 2004 | $974 | $31,630 |
| 2003 | -- | $31,630 +200.4% |
| 2002 | -- | $10,530 |
| 2000 | -- | $10,530 |
Find assessor info on the county website
Neighborhood: 16503
Nearby homes
- $146,2004 bd2 ba2.4k sqft2518-20 Wayne St, Erie, PA 16503Off Market
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- $70,5004 bd1 ba1.4k sqft2508 Wayne St, Erie, PA 16503Off Market
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- $106,5004 bd1 ba1.6k sqft743 E 25th St, Erie, PA 16503Off Market
- $75,0006 bd-- ba2.3k sqft2510-12 Wayne St, Erie, PA 16503Sold
- $75,0006 bd2 ba2.3k sqft2510 Wayne St, Erie, PA 16503Sold
Nearby schools
GreatSchools rating
- 3/10McKinley Elementary SchoolGrades: PK-5Distance: 0.3 mi
- 4/10Wilson Middle SchoolGrades: 6-8Distance: 0.1 mi
- 1/10Erie High SchoolGrades: 9-12Distance: 1.7 mi
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- Pennsylvania
- Erie County
- Erie
- 16503
- 2514-16 Wayne St