Sold
Last Sold Price
17,383 sqft$52/sqft
2814 Buffalo Rd, Erie, PA 16510
Multi FamilyProperty Type
0.97 acresLot Size
1995Year Built
$52/sq ftPrice per sq ft
50 carsParking Spaces

Description

Excellent Investment Opportunity. Fully Occupied With Long Term Leases. Offered For Sale With A 9% Cap Rate. Many Recent Improvements Including Roof And Hvac. Contact Broker For Complete Details.Excellent Investment Opportunity. Fully Occupied With Long Term Leases. Offered For Sale With A 9% Cap Rate. Many Recent Improvements Including Roof And Hvac. Contact Broker For Complete Details.
Listing closed: 09/14/2016 12:00 AM • Source: Greater Erie Board of REALTORS, MLS#: 51204

Location

Listing Courtesy of Howard Hanna Commercial

Sold By Coldwell Banker Sele

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Payment Calculator

$5,828 per month

30 year fixed, 6.55% Interest

Principal and Interest

$4,584

Property Taxes

$1,243

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

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Property Information for 2814 Buffalo Road

Property Details
  • Taxes: $14,921 / year
  • MLS Type: Residential Income / Multi Family
  • County: Erie County
  • Architectural Style: One Story
  • Zoning Description: B-1
Building Information
  • Stories: 1
  • Residences: 2
  • Year Built: 1995
  • Lot Size: 0.97 AC / 42,253 SF
Summary
Location and General Information
  • Directions: North East Corner Of Buffalo Road And Union Ave
  • Latitude: 42.139453
  • Longitude: -80.018431
  • MLS Area Major: 15 - Harborcrk/Wesleyvill/Law Pk
Taxes and HOA
  • Parcel Number: 50-001-011.0-002.01
  • Tax Annual Amount: $14,921.00
  • Tax Assessed Value: $458,400
  • Tax Year: 2016
Parking
  • Parking Total: 50.0
Property
Lot Information
  • Lot Size Acres: 0.97
  • Lot Size Area: 0.97
  • Lot Size Dimensions: 170x248x0x0
  • Lot Size Units: Acres
Property and Assessments
  • Building Area Total: 17383.0
  • Living Area: 17383.0
  • Living Area Source: Measured
  • Property Condition: Unknown
  • Year Built: 1995
Building Features
  • Construction Materials: Masonry
  • Levels: One
Utilities
  • Sewer: Public Sewer
  • Water Source: Public
Interior and Exterior Features
Interior Features
  • Cooling: Central Air
  • Has Cooling: Yes
  • Heating: Forced Air, Gas
  • Has Heating: Yes
Exterior Features
  • Roof: Rubber
  • Stories: 1
Multi Family
Multi Family Information
  • Number of Units In Community: 2
  • Total Number of Units: 2
Income & Expenses
  • Gross Income: $95,400.00
  • Insurance Expense: $808.00
  • Net Operating Income: $89,580.00
Unit Information
Unit 1
  • Actual Rent: $4,900.00
Unit 2
  • Actual Rent: $81,000.00
Rental
Rent Information
  • Security Deposit: $50,000.00

Property History for 2814 Buffalo Road

DateEvent & SourcePriceAppreciation
Sep 14, 2016

Sold

Greater Erie Board of REALTORS #51204

$901,875
Aug 26, 2016

Sold (Public Record)

Public Record #582615013

$901,975

+10.8% / yr

Jun 6, 2016

Pending

Greater Erie Board of REALTORS #51204

DateEvent & SourcePrice
09/14/2016

Sold

Greater Erie Board of REALTORS #51204

$901,875
08/26/2016

Sold (Public Record)

Public Record #582615013

$901,975

+10.8% / yr

06/06/2016

Pending

Greater Erie Board of REALTORS #51204

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

Public Records for 2814 Buffalo Road

Taxable ValueLand$105,400Additions$353,000Total$458,400
Tax Record2026$16,226 ($1,352 / month)
Home Facts
Total Finished SqFt14,040 SqFtAbove Grade Finished SqFt14,040 SqFtStories2Lot Size42,153 SqFtStyleWarehouseYear Built1995Year Renovated1995ZoningB1CountyERIEAPN50-001-011.0-002.01

Schools near 2814 Buffalo Road

This home is within Iroquois School District.
Rating
School
Type
Grades
Distance
Public - PK to 6
Public - 7 to 12
Private - PK to 8
Rating
School
Distance
Iroquois Elementary School
PublicPK to 6

Iroquois Junior-Senior High School
Public7 to 12

St James Elementary School
PrivatePK to 8

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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Listing Courtesy of Howard Hanna Commercial

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