Last Sold Price
4 beds2 baths2,112 sqft$28/sqft
618 Reed St, Erie, PA 16503

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.
LISTING CLOSED: 04/09/2024 12:00 AM

  1. Listed by James Darby • Keller Williams Realty
    P: (814)-844-3387 C: (814)-844-3387 jamesdarby@kw.com

Property Details for 618 Reed Street

Status
MLS #
169732
Days on Market
275
Taxes
$1,143 / year
HOA Fees
-
Condo/Co-op Fees
-
Property Type
MLS Type
Residential Income / Multi Family
Year Built
1921
Lot Size
0.07 AC / 3,201 SF
Architectural Style
Two Story
Zoning Description
R-2

Location

Listing Courtesy of Keller Williams Realty

Sold By Coldwell Banker Select - Airport

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Building Information for 618 Reed Street

Stories2Residences2Year Built1921Building Size-Lot Size0.07 AC / 3,201 SF

Payment Calculator

$400 per month

30 year fixed, 6.55% Interest

Principal and Interest

$305

Property Taxes

$95

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

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Property Information for 618 Reed Street

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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Nearby home values

AddressSold priceBedsBathsSqftLot (Sqft)
This home: 618 Reed Street, Erie, PA 16503
$60,000
4
2
2,112
3,201
$93,000
2
2,112
3,202
$12,000
2
2,304
3,250
$32,000
2
2,112
3,202
$28,000
4
1,620
$22,000
3
1
1,056
1,306

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 Keller Williams Realty

IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.