5940 E LAKE Road Erie, PA $ 269,900
5940 E LAKE Road
$ 269,900
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5940 E LAKE Road

Erie, PA, 16511
$ 269,900
Baths0.0 Sq 3,128

Monthly Estimate*

$ 1,794

5940 E LAKE Road, Erie, PA 16511 - Image 1
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Studio

Pending for sale in Erie, PA

for $269,900. This 3,128 square foot home was built in 1950 on a lot size of 0.52.

11 units total - 2 one bedroom, 8 efficiencies , garage, common laundry area. House on property has potential to become 3 units and is currently taken down to bare walls. Great rental history with long term tenants. Well kept property with low maintenance exterior.

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Pending Pending

Price

$ 269,900

Bedrooms

Studio

Property Type

Pending

Taxes

$ 4,233

Style

One Story

Lot Size

0.52

Year Built

1950

Town/City

Erie

County/Region

Erie

MLS | Web ID

175878

Features
General
Sewer PublicSewer
Heating ForcedAir Gas
Cooling None
Possession CloseOfEscrow SubjectToTenantRights
Roof Metal Rubber
Garage Spaces 1.0
Architectural Style OneStory
Construction Materials Block
Year Built 1950
Security Deposit 10000.0
Stories 1
Township Harborcreek Township
Levels One
Property SubType MultiFamily
Tax Year 2024
Gross Income 56700.0
County Erie
Net Operating Income 27999.0
New Construction N
Property Type ResidentialIncome
HOA / Comm Assn N
Attached Garage N
Garage Y/N Y
Status Pending
Directions E Lake Road between Irvine Dr & Troupe Rd
City Erie
View Y/N N
Senior Community Y/N N
High School District Harborcreek
Zoning Description C
NumberOfUnitsTotal 9
MLS Area 15 - Harborcrk/Wesleyvill/Law Pk
Lot Size Units Acres
Waterfront Y/N N
Carport Y/N N
Street Name LAKE
Property Attached Y/N N
Land Lease Y/N N
Tax Annual Amount 4233.0
Home Warranty Y/N N
Property Condition Excellent Resale
Water Sewer Expense 3600.0
Lease Renewal Y/N N
Additional Parcels Y/N N
Lease Considered Y/N N
Rent Control Y/N N
Days on Market 6
Standard Status Pending
Middle/Junior School District Harborcreek
Elementary School District Harborcreek
Tax Assessed Value 156800
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Exterior
Parking Features Attached
Water Source Public
Total Parking 11.0
Lot Size Area 0.52
Spa N
Building Area Total 3128.0
Lot Dimensions 110x207x0x0
Lot Size Acres 0.52
Road Surface Type Paved
Crops Included Y/N N
Open Parking Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
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Interior
Basement (Y/N) N
Air Conditioning Y/N N
Heating Y/N Y
Fireplace Y/N N
Street Suffix Road
Total Bedrooms 0
Electric On Property Y/N N
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Internal Only
Street Number 1 5940
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* Excluded Features
List By
Coldwell Banker Select - Airport

Broker

catherinefox@eriemoves.com

Email

Affordability Calculator

$2,147
Per Month
84%
16%
0%
Monthly Principal & Interest
$1,794
Monthly Property Taxes
$353
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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The time to sell is now
THE TIME TO SELL IS NOW!
Nearby
2945377 Elementary School
2945376 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
4/29/2024$269,900 Listed Price

Map


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5940 E LAKE Road, Erie, PA, 16511 is a Pending for sale at $269,900 with 3,128 sqft and a lot size of 0.52. 5940 E LAKE Road is a studio with 0.0 baths and was built in 1950. The property's zip code is 16511 which is in Erie, PA