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Sold for $75,000
  • $75,000

    1404 E Lake Rd, Erie, PA 16507

    5beds
    2baths
    1,640sqft
    Multi Family
    Built in 1915
    -- sqft lot
    $99,100 Zestimate®
    $46/sqft
    $969 Estimated rent

    Home value

    $99,100

    $76,000 - $125,000

    $969/mo

    Zestimate® history
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    $969/mo

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    $412/mo

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    $412/mo

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    What's special

    This 2-unit investment property offers a fantastic opportunity for long-term returns. The first-floor unit features a spacious 3-bedroom layout with an enclosed front porch, while the second unit offers a comfortable 2-bedroom space. Both units are tenant-occupied with a solid rental history ensuring consistent income. Tenants are responsible for all utilities, lawn care, and snow plowing. The property also boasts off-street parking and a detached garage for added convenience. Recent upgrades include new windows, insulation, plumbing, HVAC systems, and hot water tanks, all completed within the last 8 years. These improvements enhance energy efficiency and reduce maintenance costs. With a prime location and well-cared-for condition, this property is an excellent addition to any real estate portfolio.

    Zillow last checked: 8 hours ago

    Listing updated: May 07, 2025 at 09:58am

    Listed by:

    Jake Scheloske (814)449-7973,

    Agresti Real Estate

    Bought with:

    Brandon Penn, RS324868

    Keller Williams Realty

    Source: GEMLS,MLS#: 181884Originating MLS: Greater Erie Board Of Realtors

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 5
    • Bathrooms: 2
    Heating
    • Forced Air, Gas
    Cooling
    • Central Air
    Interior area
    • Total structure area: 1,640
    • Total interior livable area: 1,640 sqft

    Property

    Parking
    • Total spaces: 1
    • Parking features: Detached, Garage
    • Garage spaces: 1
    Features
    • Levels: Two
    • Stories: 2
    Lot
    • Size: 4,791 sqft
    • Dimensions: 30 x 156 x 0 x 0
    Details
    • Parcel number: 14011002.0507.00
    • Zoning description: RLB

    Construction

    Type & style
    • Home type: MultiFamily
    • Architectural style: Two Story
    • Property subtype: Multi Family
    Materials
    • Frame
    • Roof: Composition
    Condition
    • Resale
    • Year built: 1915

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & neighborhood

    Location
    • Region: Erie

    HOA & financial

    Other fees
    • Deposit fee: $1,500

    Other

    Other facts
    • Listing terms: Cash
    • Road surface type: Paved

    Price history

    DateEventPrice
    5/2/2025Sold$75,000+0.1%$46/sqft
    Source: GEMLS #181884 Report a problem
    4/6/2025Pending sale$74,900$46/sqft
    Source: GEMLS #181884 Report a problem
    3/17/2025Listed for sale$74,900+199.6%$46/sqft
    Source: GEMLS #181884 Report a problem
    3/24/2021Listing removed--
    Source: Owner Report a problem
    11/7/2018Listing removed$600
    Source: Owner Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$1,186 $30,000
    2024$1,186 +5.2%$30,000
    2023$1,128 +2.1%$30,000

    Find assessor info on the county website

    Neighborhood: 16507

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • District: City-Erie

    Source: GEMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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