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Sold for $1,700,000
  • $1,700,000

    59-65 E Main St, North East, PA 16428

    10beds
    6baths
    24,004sqft
    Townhouse, Multi Family
    Built in 1974
    1.04 Acres Lot
    $1,806,200 Zestimate®
    $71/sqft
    $1,562 Estimated rent

    Home value

    $1,806,200

    $1.55M - $2.10M

    $1,562/mo

    Zestimate® history
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    What's special

    Rear patiosSolid brick townhomes
    An extremely rare investment opportunity awaits in the heart of North East, PA - own this 22-unit turnkey package featuring 18 solid brick townhomes & a 4-unit building, all at 100% occupancy. Townhomes offer 2 beds, 1.5 baths, full basements w/laundry hookups, rear patios, & completely separate utilities - tenants pay 100% of their own water, sewer, garbage, gas, & electric. The 4-unit building features a mix of split/shared utilities. The well-maintained property includes parking lots w/abundant parking. Recent capital improvements include new roofs, gutters, downspouts, windows, & sewer line. Select units have received additional upgrades including new kitchens, baths, flooring, paint, & fixtures. Located in the charming Borough of NE, tenants enjoy proximity to top-rated schools, employers, & amenities. Owned by a PA-licensed broker, this fully stabilized asset delivers excellent cash flow with room to grow - an unmatched chance to expand your portfolio with quality & confidence.

    Zillow last checked:

    Listing updated:

    Listed by:

    Jake Scheloske (814)449-7973,

    Agresti Real Estate

    Bought with:

    Jake Scheloske, RS318016

    Agresti Real Estate

    Source: GEMLS,MLS#: 183658Originating MLS: Greater Erie Board Of Realtors

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 10
    • Bathrooms: 6
    Heating
    • Forced Air, Gas
    Cooling
    • None
    Interior area
    • Total structure area: 24,004
    • Total interior livable area: 24,004 sqft

    Property

    Parking
    • Total spaces: 30
    Lot
    • Size: 1.04 Acres
    • Features: Level
    Details
    • Parcel number: 36005033.0010.00
    • Zoning description: C-1

    Construction

    Type & style
    • Home type: Townhouse
    • Property subtype: Townhouse, Multi Family
    Materials
    • Brick
    • Roof: Composition,Metal
    Condition
    • Good Condition
    • Year built: 1974

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & HOA

    Community
    • Deposit fee: $50,000
    Location
    • Region: North East

    Financial & listing details

    • Price per square foot: $71/sqft
    • Tax assessed value: $643,000
    • Annual tax amount: $17,811
    • Date on market: 5/5/2025
    • Cumulative days on market: 8 days
    • Listing terms: Conventional
    • Road surface type: Paved

    Price history

    DateEventPrice
    7/11/2025Sold$1,700,000-2.9%$71/sqft
    Source: GEMLS #183658 Report a problem
    5/14/2025Pending sale$1,749,900$73/sqft
    Source: GEMLS #183658 Report a problem
    5/5/2025Listed for sale$1,749,900+143%$73/sqft
    Source: GEMLS #183658 Report a problem
    5/17/2018Sold$720,000-6.8%$30/sqft
    Source: Public Record Report a problem
    9/7/2006Sold$772,500$32/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$18,177 +2.7%$643,000
    2024$17,708 +7.1%$643,000
    2023$16,531 +2.2%$643,000
    2022$16,177 $643,000
    2021$16,177 +138.5%$643,000
    2020$6,783 -57.2%$643,000
    2019$15,843 -16.8%$643,000
    2018$19,039 +4.8%$643,000
    2017$18,164 +0.9%$643,000
    2016$18,003 +94.5%$643,000
    2015$9,259 -37%$643,000
    2014$14,685 +363.3%$643,000
    2013$3,170 +17.3%$643,000 +43.9%
    2010$2,703 +11%$446,700
    2009$2,435 $446,700
    2008-- $446,700
    2005$3,658 $446,700
    2003-- $446,700
    Find assessor info on the county website

    Neighborhood: 16428

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • District: North East

    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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    $1,806,200
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    +$36,124
    With Zillow Showcase(estimated)
    $1,842,324