504 W 18th Street, Erie, PA 16502

PENDING (?)
$595,000
Multi-Family Home 6 Beds 8,458 Square Feet Taxes: $9,658.00 Built in 2007 Style: See Remarks Type: 5+ Unit Listed on 09/21/2018 MLS # 120982

Description of 504 W 18th Street, Erie, PA 16502

5 Unit NNN Master Lease Investment Opportunity With A 10% Cap Rate & 100% Occupancy! 2 Fully occupied, completely renovated mixed-use buildings on 3 parcels totaling 0.35 acres with private parking for 16 cars. 504 W. 18th Street - built in 2007: two 1-bedroom apartments & 2,844 SF first floor commercial suite. 506 W. 18th Street - completely renovated in 2007: one 4-bedroom/1.5 bath apartment & 1,773 SF first floor commercial suite. Add'l Tax ID's: 16-030-026.0-137.00, 16-030-026.0-135.00.

Features of 504 W 18th Street, Erie, PA 16502

  • School district: City-Erie
  • Central air
  • Forced air heat
  • Natural gas heat
  • Gas water heater
  • Parking spaces: 16
  • Garage spaces: 0.0000
  • Brick exterior
  • Lot acreage is: 0.3540
  • Clear lot
  • Lot zoned: C-4
  • Rubber roof
  • Public sewer
  • Public water
  • Units in building(s): 5
  • Total square feet: 8458
  • Tax year: 2018

Mortgage Payments for 504 W 18th Street, Erie, PA 16502

The approximate monthly Principal & Interest payment for this property would be $3,306. This payment is based on a 30-year loan at a fixed rate of 3.82 % with a down payment of $59,500. Actual lender interest rates and loan programs may vary.

Use our Mortgage Payment Calculator to determine a more exact payment estimate.

courtesy of:SBRE
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