Commercial property in city areas often represents a golden opportunity for investors seeking to capitalize on the world of real estate. Start with this property with 5 income producing units with one apartment being updated, a newer roof and back rear porches. Great location close to the hospital and Allegheny College. Plenty of parking! Moreover, commercial leases tend to be longer, providing a more stable income stream and reducing the frequency of tenant turnover.
Sold for $150,000
$150,000
533-535 State St, Meadville, PA 16335
6beds
4baths
4,008sqft
Multi Family
Built in ----
-- sqft lot
$166,900 Zestimate®
$37/sqft
$1,139 Estimated rent
Home value
$166,900
$134,000 - $209,000
$1,139/mo
Zestimate® history
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$1,031/mo
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Zillow last checked:
Listing updated:
Listed by:
David Gordon (814)337-6000,
ERA Richmond Real Estate Service
Bought with:
David Gordon, AB066597
ERA Richmond Real Estate Service
Source: GEMLS,MLS#: 165467Originating MLS: Greater Erie Board Of Realtors
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
- Bathrooms: 4
Heating
- Forced Air, Gas
Cooling
- None
Interior area
- Total structure area: 4,008
- Total interior livable area: 4,008 sqft
Property
Parking
- Total spaces: 10
- Parking features: Detached, Garage
- Garage spaces: 4
Features
- Levels: Two
- Stories: 2
Lot
- Dimensions: 88 x 177 x 82 x 165
- Features: Level, Mineral Rights
Details
- Parcel number: 3400008D35
- Zoning: I-2
- Zoning description: B-2
- Special conditions: Listed As-Is
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Two Story
- Property subtype: Multi Family
Materials
- Frame, Mixed
- Roof: Composition
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Deposit fee: $3,000
Location
- Region: Meadville
Financial & listing details
- Price per square foot: $37/sqft
- Tax assessed value: $34,450
- Annual tax amount: $3,503
- Date on market: 9/9/2022
- Cumulative days on market: 815 days
- Listing terms: Conventional
- Road surface type: Paved
Price history
| Date | Event | Price |
|---|---|---|
| 1/23/2025 | Sold | $150,000-20.6%$37/sqft |
Source: GEMLS #165467 Report a problem | ||
| 12/2/2024 | Pending sale | $188,900$47/sqft |
Source: GEMLS #165467 Report a problem | ||
| 4/11/2024 | Price change | $188,900-5%$47/sqft |
Source: GEMLS #165467 Report a problem | ||
| 2/7/2024 | Price change | $198,900-6.4%$50/sqft |
Source: GEMLS #165467 Report a problem | ||
| 2/2/2024 | Listed for sale | $212,500$53/sqft |
Source: GEMLS #165467 Report a problem | ||
| 10/25/2023 | Pending sale | $212,500$53/sqft |
Source: GEMLS #165467 Report a problem | ||
| 8/24/2023 | Price change | $212,500-9.8%$53/sqft |
Source: GEMLS #165467 Report a problem | ||
| 7/17/2023 | Price change | $235,700-8.9%$59/sqft |
Source: GEMLS #165467 Report a problem | ||
| 6/13/2023 | Price change | $258,700-7.6%$65/sqft |
Source: GEMLS #165467 Report a problem | ||
| 5/5/2023 | Price change | $279,900-3.4%$70/sqft |
Source: GEMLS #165467 Report a problem | ||
| 11/3/2022 | Price change | $289,900-2.3%$72/sqft |
Source: GEMLS #165467 Report a problem | ||
| 9/9/2022 | Listed for sale | $296,700$74/sqft |
Source: GEMLS #165467 Report a problem | ||
Public tax history
Tax history is unavailable.
Neighborhood: 16335
Nearby homes
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Nearby schools
GreatSchools rating
- 6/10First District El SchoolGrades: K-6Distance: 0.3 mi
- 6/10Meadville Area Middle School (MAMS)Grades: 7-8Distance: 0.9 mi
- 5/10Meadville Area Senior High SchoolGrades: 9-12Distance: 1 mi
Schools provided by the listing agent
- District: Crawford Central
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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$166,900
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- Pennsylvania
- Crawford County
- Meadville
- 16335
- 533-535 State St
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