Great cash flow opportunity! 3 bdrm, 1.5 bath single family property - currently used as a rental, could be used as owner occupied single family residence. Generously sized bedrooms, utility room off kitchen with outside access, washer dryer hookup in basement. Partially fenced side yard. Expenses do not reflect maint/repair/other. Water/sewer expense includes garbage & is max expense. Also listed as residential single family (MLS#171181). Bring your toolbelt and some TLC, sold AS-IS, no FHA or VA
Sold for $40,000
$40,000
2512 Reed St, Erie, PA 16503
3beds
2baths
1,338sqft
Multi Family
Built in 1905
-- sqft lot
$60,500 Zestimate®
$30/sqft
$897 Estimated rent
Home value
$60,500
$45,000 - $78,000
$897/mo
Zestimate® history
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$897/mo
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$220/mo
Est. payment
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Est. payment
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Zillow last checked: 7 hours ago
Listing updated: November 30, 2023 at 01:24pm
Listed by:
Julie Crosscut (814)835-1200,
Howard Hanna Erie Southwest
Bought with:
Julie Crosscut, RS354156
Howard Hanna Erie Southwest
Source: GEMLS,MLS#: 171182Originating MLS: Greater Erie Board Of Realtors
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
Heating
- Forced Air, Gas
Cooling
- None
Interior area
- Total structure area: 1,338
- Total interior livable area: 1,338 sqft
Property
Features
- Levels: Two
- Stories: 2
Lot
- Size: 1,877 sqft
- Dimensions: 35 x 54 x 0 x 0
Details
- Parcel number: 18050027.0101.00
- Zoning description: R-2
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Two Story
- Property subtype: Multi Family
Materials
- Frame
- Roof: Asphalt
Condition
- Resale
- Year built: 1905
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & neighborhood
Location
- Region: Erie
HOA & financial
Other fees
- Deposit fee: $2,000
Other
Other facts
- Listing terms: Cash
- Road surface type: Paved
Price history
| Date | Event | Price |
|---|---|---|
| 11/30/2023 | Sold | $40,000-19.8%$30/sqft |
Source: GEMLS #171182 Report a problem | ||
| 10/4/2023 | Pending sale | $49,900$37/sqft |
Source: GEMLS #171182 Report a problem | ||
| 9/21/2023 | Listed for sale | $49,900-9.1%$37/sqft |
Source: GEMLS #171181 Report a problem | ||
| 10/8/2022 | Listing removed | -- |
Source: GEMLS #159974 Report a problem | ||
| 1/25/2022 | Price change | $54,900-21.5%$41/sqft |
Source: GEMLS #159937 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $1,273 | $32,200 |
| 2024 | $1,273 +5.2% | $32,200 |
| 2023 | $1,210 +2.1% | $32,200 |
Find assessor info on the county website
Neighborhood: 16503
Nearby schools
GreatSchools rating
- 2/10Mckinley El SchoolGrades: PK-5Distance: 0.4 mi
- 4/10Wilson Middle SchoolGrades: 6-8Distance: 0.1 mi
- 1/10Erie High SchoolGrades: 9-12Distance: 1.6 mi
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.
- Pennsylvania
- Erie County
- Erie
- 16503
- 2512 Reed St