CASH-FLOW! CASH-FLOW! Great CAP Rate of 16+%, Debt-Coverage ratio of 2.26 and Cash-on-Cash of 36%. 4-Units (1 Storefront and 3 apartments.) See attached APOD. BETTER HURRY!! Substantial 4-unit with 3 Residential Apartments and a Commercial Storefront with a well-established Beauty-Salon, close to MercyHurst University and St. Mary's Home East.
Sold for $95,000
$95,000
2802 Ash St, Erie, PA 16504
--beds
--baths
576sqft
Unknown
Built in 1916
-- sqft lot
$-- Zestimate®
$165/sqft
$-- Estimated rent
Home value
Not available
Estimated sales range
Not available
Not available
Zestimate® history
Owner options
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Facts & features
Interior
Interior area
- Total interior livable area: 576 sqft
Property
Lot
- Size: 4,051 Square Feet
Details
- Parcel number: 18050069020700
Construction
Type & style
- Home type: Unknown
Materials
- Wood
Condition
- Year built: 1916
Community & HOA
Location
- Region: Erie
Financial & listing details
- Price per square foot: $165/sqft
- Tax assessed value: $90,500
- Annual tax amount: $3,699
Price history
| Date | Event | Price |
|---|---|---|
| 1/17/2024 | Sold | $95,000+5.6%$165/sqft |
Source: Public Record Report a problem | ||
| 11/13/2017 | Sold | $90,000-5.3%$156/sqft |
Source: GEMLS #107753 Report a problem | ||
| 8/19/2003 | Sold | $95,000+11.8%$165/sqft |
Source: Public Record Report a problem | ||
| 9/18/2000 | Sold | $85,000$148/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2026 | $3,699 +3.4% | $90,500 |
| 2025 | $3,578 | $90,500 |
| 2024 | $3,578 +5.2% | $90,500 |
| 2023 | $3,402 +2.1% | $90,500 |
| 2022 | $3,330 | $90,500 |
| 2021 | $3,330 +95.4% | $90,500 |
| 2020 | $1,704 -44.9% | $90,500 |
| 2019 | $3,091 -12.8% | $90,500 |
| 2018 | $3,545 +3.6% | $90,500 |
| 2017 | $3,422 +0.7% | $90,500 |
| 2016 | $3,399 +15.9% | $90,500 |
| 2015 | $2,933 | $90,500 +360.1% |
| 2002 | -- | $19,670 |
| 2000 | -- | $19,670 |
Find assessor info on the county website
Neighborhood: 16504
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Nearby schools
GreatSchools rating
- 4/10Lincoln El SchoolGrades: PK-5Distance: 0.4 mi
- 4/10Wilson Middle SchoolGrades: 6-8Distance: 0.2 mi
- 1/10Erie High SchoolGrades: 9-12Distance: 1.4 mi
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- Pennsylvania
- Erie County
- Erie
- 16504
- 2802 Ash St