1136 East Lake Road

Closed 12/11/17
Closed 12/11/17
Gallery Image 1
Sold
Last Sold Price
$149,900
8 beds5 baths8,736 sqft
1136 E Lake Rd, Erie, PA 16507
Multi FamilyProperty Type
0.26 acresLot Size
1917Year Built
$17/sq ftPrice per sq ft
15 carsParking Spaces

Description

Solid brick 9 unit investment property that is completely leased! Don't miss out on the approx $44,580 Gross income. Includes 5 residential units that are all updated w/newer appliances, & 4 commercial store fronts & coin operated laundry on site that will increase the gross income by $40-120/per mo. Features a 3 car garage in the rear w/heat & elec that could be rented for additional income. Off street parking lot & great location will make this a must have for your investment portfolio.Solid brick 9 unit investment property that is completely leased! Don't miss out on the approx $44,580 Gross income. Includes 5 residential units that are all updated w/newer appliances, & 4 commercial store fronts & coin operated laundry on site that will increase the gross income by $40-120/per mo. Features a 3 car garage in the rear w/heat & elec that could be rented for additional income. Off street parking lot & great location will make this a must have for your investment portfolio.
  • Listed by: Jake Scheloske 814.449.7973 jake@tryagresti.com • Agresti Real Estate
Listing closed: 12/11/2017 12:00 AM • Source: Greater Erie Board of REALTORS, MLS#: 113907

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Recent comparable sales

Median sold price

$145,500

Avg days on market

17

Sale-to-list ratio

95.6%

Erie, PA

9 comparable properties found

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Bedrooms
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Bathrooms
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Square Feet
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Acres

1128 West 5th Street, Erie, PA 16507

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Bedrooms
4
Bathrooms
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Square Feet
0.11
Acres

1143 East 8th Street, Erie, PA 16503

3

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Bedrooms
3
Bathrooms
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Square Feet
0.16
Acres

312 East 12th Street, Erie, PA 16503

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349-53 West 9th Street, Erie, PA 16502

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Acres

121 Moorehead Street, Erie, PA 16508

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Sold 01/09/25

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Square Feet
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Acres

921-923 Chestnut Street, Erie, PA 16502

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Bathrooms
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Square Feet
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Acres

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Property Information for 1136 East Lake Road

Property Details
  • Taxes: $5,734 / year
  • MLS Type: Residential Income / Multi Family
  • County: Erie County
  • Architectural Style: Two Story
  • Zoning Description: RLB
Building Information
  • Stories: 2
  • Residences: 9
  • Year Built: 1917
  • Lot Size: 0.26 AC / 11,325 SF
Summary
Location and General Information
  • Directions: East Lake Road to the Corner of Dunn Blvd.
  • Latitude: 42.139465
  • Longitude: -80.059904
  • MLS Area Major: 1 - Erie Northeast
Taxes and HOA
  • Parcel Number: 14-010-040.0-100.00
  • Tax Annual Amount: $5,734.00
  • Tax Assessed Value: $169,800
  • Tax Year: 2017
School Information
  • Elementary School District: City-Erie
  • High School District: City-Erie
  • Middle or Junior School District: City-Erie
Parking
  • Attached Garage: No
  • Garage Spaces: 3.0
  • Garage: Yes
  • Parking Features: Detached, Garage
  • Parking Total: 15.0
Property
Lot Information
  • Lot Features: Corner Lot, Mineral Rights
  • Lot Size Acres: 0.26
  • Lot Size Area: 0.26
  • Lot Size Dimensions: 0x0x0x0
  • Lot Size Units: Acres
  • Road Surface Type: Paved
Property and Assessments
  • Building Area Total: 8736.0
  • Living Area: 8736.0
  • Living Area Source: Assessor
  • Property Condition: Excellent, Resale
  • Year Built: 1917
  • Year Built Details: Estimate
Building Features
  • Construction Materials: Brick
  • Levels: Two
Utilities
  • Sewer: Public Sewer
  • Water Source: Public
Interior and Exterior Features
Interior Features
  • Total Bedrooms: 8
  • Cooling: None
  • Has Cooling: No
  • Heating: Gas
  • Has Heating: Yes
Exterior Features
  • Roof: Rubber
  • Stories: 2
Multi Family
Multi Family Information
  • Number of Units In Community: 9
  • Total Number of Units: 9
Income & Expenses
  • Gross Income: $44,580.00
  • Insurance Expense: $1,350.00
  • Maintenance Expense: $4,284.00
  • Net Operating Income: $27,668.00
  • Water Sewer Expense: $2,600.00
Unit Information
Unit 1
  • Actual Rent: $450.00
Unit 2
  • Actual Rent: $350.00
Unit 3
  • Actual Rent: $300.00
Unit 4
  • Actual Rent: $275.00
Unit 5
  • Actual Rent: $475.00
  • Total Bathrooms: 1
  • Total Bedrooms: 2
Unit 6
  • Actual Rent: $475.00
  • Total Bathrooms: 1
  • Total Bedrooms: 2
Unit 7
  • Actual Rent: $450.00
  • Total Bathrooms: 1
  • Total Bedrooms: 2
Unit 8
  • Actual Rent: $440.00
  • Total Bathrooms: 1
  • Total Bedrooms: 1
Unit 9
  • Actual Rent: $500.00
  • Total Bathrooms: 1
  • Total Bedrooms: 1
Rental
Rent Information
  • Security Deposit: $5,000.00

Property History for 1136 East Lake Road

DateEvent & SourcePriceAppreciation
Dec 11, 2017

Sold

Greater Erie Board of REALTORS #113907

$149,900—
Sep 12, 2017

Pending

Greater Erie Board of REALTORS #113907

—
Aug 22, 2017

Listed (Active)

Greater Erie Board of REALTORS #113907

$169,900—
DateEvent & SourcePrice
12/11/2017

Sold

Greater Erie Board of REALTORS #113907

$149,900
09/12/2017

Pending

Greater Erie Board of REALTORS #113907

—
08/22/2017

Listed (Active)

Greater Erie Board of REALTORS #113907

$169,900

For completeness, we often displays two records for one sale: the MLS record and the public record.

Public Records for 1136 East Lake Road

Taxable ValueLand$12,100Additions$147,100Total$159,200
Tax Record2022$5,984 ($499 / month)
Home Facts
Total Finished SqFt13,104 SqFtAbove Grade Finished SqFt13,104 SqFtUnfinished Basement SqFt4,368 SqFtStories3Lot Size8,054 SqFtStyleOffice BuildingYear Built1917ZoningRLMCountyERIEAPN14-010-040.0-100.00

Schools near 1136 East Lake Road

This home is within Erie City School District.
Rating
School
Type
Grades
Distance
Edison Elementary School
Public - PK to 5
East Middle School
Public - 6 to 8
Erie High School
Public - 9 to 12
Northwest Pennsylvania Collegiate Academy
Public - 9 to 12
Rating
School
Distance
Edison Elementary School
PublicPK to 5

East Middle School
Public6 to 8

Erie High School
Public9 to 12

Northwest Pennsylvania Collegiate Academy
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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Nearby home values

AddressSold priceBedsBathsSqftLot (Sqft)
This home: 1136 East Lake Road, Erie, PA 16507
$149,900
8
5
8,736
11,325
1136-42 East Lake Road, Erie, PA 16507
$185,000
5
9
8,736
11,325
1132 East Lake Road, Erie, PA 16507
–
–
2
1,848
3,764
1136 46 East Lake Road, Erie, PA 16507
–
–
–
8,736
8,054
1130 East Lake Road, Erie, PA 16507
$35,000
–
2
1,936
3,764
1126 28 East Lake Road, Erie, PA 16507
$5,000
–
2
1,936
3,764

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Listing Courtesy of Agresti Real Estate

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