Sold
Last Sold Price
4 beds2 baths2,112 sqft
618 Reed St, Erie, PA 16503
Multi FamilyProperty Type
0.07 acresLot Size
1921Year Built
$28/sq ftPrice per sq ft
2 carsParking Spaces

Description

Great investment property, Both units have new hot water heaters and a new furnace already installed in the first floor unit.Great investment property, Both units have new hot water heaters and a new furnace already installed in the first floor unit.
  • Listed by: James Darby 814.844.3387 jamesdarby@kw.com • Keller Williams Realty
Listing closed: 04/09/2024 12:00 AM • Source: Greater Erie Board of REALTORS, MLS#: 169732

Location

Listing Courtesy of Keller Williams Realty

Sold By Coldwell Banker Select - Airport

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Payment Calculator

$405 per month

30 year fixed, 6.71% Interest

Principal and Interest

$310

Property Taxes

$95

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

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Property Information for 618 Reed Street

Property Details
  • Taxes: $1,143 / year
  • MLS Type: Residential Income / Multi Family
  • County: Erie County
  • Architectural Style: Two Story
  • Zoning Description: R-2
Building Information
  • Stories: 2
  • Residences: 2
  • Year Built: 1921
  • Lot Size: 0.07 AC / 3,201 SF
Summary
Location and General Information
  • Directions: From State St. head East on 6th Street. Turn right onto Reed St. building will be on you right
  • Latitude: 42.134484
  • Longitude: -80.069641
  • MLS Area Major: 1 - Erie Northeast
  • Township: Erie
Taxes and HOA
  • Parcel Number: 14-010-019.0-238.00
  • Tax Annual Amount: $1,143.00
  • Tax Assessed Value: $30,400
  • Tax Year: 2023
School Information
  • Elementary School District: City-Erie
  • High School District: City-Erie
  • Middle or Junior School District: City-Erie
Parking
  • Garage Spaces: 2.0
  • Garage: Yes
Property
Lot Information
  • Lot Size Acres: 0.0735
  • Lot Size Area: 0.0735
  • Lot Size Dimensions: 40x80x0x0
  • Lot Size Units: Acres
  • Road Surface Type: Paved
Property and Assessments
  • Building Area Total: 2112.0
  • Living Area: 2112.0
  • Living Area Source: Assessor
  • Property Condition: Resale
  • Year Built: 1921
Building Features
  • Construction Materials: Brick
  • Levels: Two
Utilities
  • Sewer: Public Sewer
  • Water Source: Public
Interior and Exterior Features
Interior Features
  • Total Bedrooms: 4
  • Cooling: None
  • Has Cooling: No
  • Heating: Forced Air, Gas
  • Has Heating: Yes
Exterior Features
  • Roof: Asphalt
  • Stories: 2
Multi Family
Multi Family Information
  • Number of Units In Community: 2
  • Total Number of Units: 2
Income & Expenses
  • Gross Income: $15,800.00
  • Net Operating Income: $2,042.00
Unit Information
Unit 1
  • Actual Rent: $700.00
  • Actual Rent Range: 700
  • Area: 1056.0
  • Total Bathrooms: 1
  • Total Bedrooms: 2
  • Occupant Type: Occupied
Unit 2
  • Actual Rent: $700.00
  • Actual Rent Range: 700
  • Area: 1056.0
  • Total Bathrooms: 1
  • Total Bedrooms: 2
  • Description: Basement Tenant Use
  • Occupant Type: Occupied
Rental
Rent Information
  • Security Deposit: $2,000.00

Property History for 618 Reed Street

DateEvent & SourcePriceAppreciation
Apr 9, 2024

Sold

Greater Erie Board of REALTORS #169732

$60,000
Mar 8, 2024

Pending

Greater Erie Board of REALTORS #169732

Jun 7, 2023

Listed (Active)

Greater Erie Board of REALTORS #169732

$65,000
DateEvent & SourcePrice
04/09/2024

Sold

Greater Erie Board of REALTORS #169732

$60,000
03/08/2024

Pending

Greater Erie Board of REALTORS #169732

06/07/2023

Listed (Active)

Greater Erie Board of REALTORS #169732

$65,000

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

Public Records for 618 Reed Street

Taxable ValueLand$6,600Additions$23,800Total$30,400
Tax Record2022$1,143 ($95 / month)
Home Facts
Baths2Total Finished SqFt2,112 SqFtAbove Grade Finished SqFt2,112 SqFtStories2Lot Size3,202 SqFtStyleMulti-Family Dwelling (2-4)Year Built1921ZoningR2CountyERIEAPN14-010-019.0-238.00

Schools near 618 Reed Street

This home is within Erie City School District.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Public - 9 to 12
Rating
School
Distance
Pfeiffer-Burleigh El School
PublicPK to 5

East Middle School
Public6 to 8

Erie High School
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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Listing Courtesy of Keller Williams Realty

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