Last Sold Price
16 beds8 baths7,744 sqft$77/sqft
3917-35 Lancaster Rd, Erie, PA 16506

Description

Here's a rare opportunity to add 8 units in Millcreek to your rental portfolio! This listing includes 2 four unit buildings. Coin operated laundry in each building for extra income. Plenty of off street parking. All units have electric heat. Taxes listed are for both units.Here's a rare opportunity to add 8 units in Millcreek to your rental portfolio! This listing includes 2 four unit buildings. Coin operated laundry in each building for extra income. Plenty of off street parking. All units have electric heat. Taxes listed are for both units.
LISTING CLOSED: 07/12/2022 12:00 AM

  1. Listed by Trevor Thompson • Coldwell Banker Select - Airport
    P: (814)-566-7738 C: (814)-566-7738 trevor@eriemoves.com

Property Details for 3917-35 Lancaster Road

Status
MLS #
162880
Days on Market
1
Taxes
$11,264 / year
HOA Fees
-
Condo/Co-op Fees
-
Property Type
MLS Type
Residential Income / Multi Family
Year Built
1978
Lot Size
0.46 AC / 20,037 SF
Architectural Style
Two Story
Zoning Description
D-RES

Location

Listing Courtesy of Coldwell Banker Select - Airport

Sold By Coldwell Banker Select - Airport

Add your commute

Building Information for 3917-35 Lancaster Road

Stories2Residences8Year Built1978Building Size-Lot Size0.46 AC / 20,037 SF

Payment Calculator

$3,988 per month

30 year fixed, 6.55% Interest

Principal and Interest

$3,049

Property Taxes

$939

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

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Property Information for 3917-35 Lancaster Road

Summary
Location and General Information
  • Directions: West 38th Street to South on Lancaster to buildings.
  • Latitude: 42.07463
  • Longitude: -80.137485
  • MLS Area Major: 6 - Millcreek S of W26
  • Township: Millcreek Township
Taxes and HOA
  • Parcel Number: 33-082-414.1-001.25
  • Tax Annual Amount: $11,264.00
  • Tax Assessed Value: $464,014
  • Tax Year: 2022
School Information
  • Elementary School District: Millcreek
  • High School District: Millcreek
  • Middle or Junior School District: Millcreek
Property
Lot Information
  • Lot Features: Level
  • Lot Size Acres: 0.46
  • Lot Size Area: 0.46
  • Lot Size Dimensions: 144x140x0x0
  • Lot Size Units: Acres
  • Road Surface Type: Paved
Property and Assessments
  • Building Area Total: 7744.0
  • Living Area: 7744.0
  • Living Area Source: Assessor
  • Year Built: 1978
Building Features
  • Construction Materials: Vinyl Siding
  • Levels: Two
Utilities
  • Sewer: Public Sewer
  • Water Source: Public
Interior and Exterior Features
Interior Features
  • Total Bedrooms: 16
  • Cooling: Wall Units
  • Has Cooling: Yes
  • Heating: Electric
  • Has Heating: Yes
Exterior Features
  • Roof: Composition
  • Stories: 2
Multi Family
Multi Family Information
  • Number of Units In Community: 8
  • Total Number of Units: 8
Income & Expenses
  • Gross Income: $64,800.00
Unit Information
Unit 1
  • Actual Rent: $650.00
  • Actual Rent Range: 650
  • Area: 968.0
  • Total Bathrooms: 1
  • Total Bedrooms: 2
  • Description: Dishwasher,Range/Oven,Refrigerator
  • Occupant Type: Occupied
Unit 2
  • Actual Rent: $650.00
  • Actual Rent Range: 650
  • Area: 968.0
  • Total Bathrooms: 1
  • Total Bedrooms: 2
  • Description: Dishwasher,Range/Oven,Refrigerator
  • Occupant Type: Occupied
Unit 3
  • Actual Rent: $650.00
  • Actual Rent Range: 650
  • Area: 968.0
  • Total Bathrooms: 1
  • Total Bedrooms: 2
  • Description: Dishwasher,Range/Oven,Refrigerator
  • Occupant Type: Occupied
Unit 4
  • Actual Rent: $650.00
  • Actual Rent Range: 650
  • Area: 968.0
  • Total Bathrooms: 1
  • Total Bedrooms: 2
  • Description: Dishwasher,Range/Oven,Refrigerator
  • Occupant Type: Occupied
Unit 5
  • Actual Rent: $700.00
  • Actual Rent Range: 700
  • Area: 968.0
  • Total Bathrooms: 1
  • Total Bedrooms: 2
  • Description: Dishwasher,Range/Oven,Refrigerator
  • Occupant Type: Occupied
Unit 6
  • Actual Rent: $700.00
  • Actual Rent Range: 700
  • Area: 968.0
  • Total Bathrooms: 1
  • Total Bedrooms: 2
  • Description: Dishwasher,Range/Oven,Refrigerator
  • Occupant Type: Occupied
Unit 7
  • Actual Rent: $700.00
  • Actual Rent Range: 700
  • Area: 968.0
  • Total Bathrooms: 1
  • Total Bedrooms: 2
  • Description: Dishwasher,Range/Oven,Refrigerator
  • Occupant Type: Occupied
Unit 8
  • Actual Rent: $700.00
  • Actual Rent Range: 700
  • Area: 968.0
  • Total Bathrooms: 1
  • Total Bedrooms: 2
  • Description: Dishwasher,Range/Oven,Refrigerator
  • Occupant Type: Occupied
Rental
Rent Information
  • Security Deposit: $25,000.00

Property History for 3917-35 Lancaster Road

DateEvent & SourcePriceAppreciation
Jul 12, 2022

Sold

Greater Erie Board of REALTORS #162880

$599,900
Apr 21, 2022

Pending

Greater Erie Board of REALTORS #162880

Apr 20, 2022

Listed (Active)

Greater Erie Board of REALTORS #162880

$649,900
DateEvent & SourcePrice
07/12/2022

Sold

Greater Erie Board of REALTORS #162880

$599,900
04/21/2022

Pending

Greater Erie Board of REALTORS #162880

04/20/2022

Listed (Active)

Greater Erie Board of REALTORS #162880

$649,900

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

Schools near 3917-35 Lancaster Road

This home is within Millcreek Township School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Private - PK to 3
Rating
School
Distance
Grandview El School
PublicK to 5

Walnut Creek Middle School
Public6 to 8

McDowell High School
Public9 to 12

Word of God Academy
PrivatePK to 3

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: 3917-35 Lancaster Road, Erie, PA 16506
$599,900
16
8
7,744
20,037
3,872
10,149
$300,000
2
3
6,048
16,117
$350,000
3
9,072
16,100
$599,900
3,872
10,149
$140,000
3
1
960
11,600

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Coldwell Banker Select - Airport

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