$75,000.00
1404 E LAKE Rd, ERIECITY PA 16507
5 | 2.00 | 1640 ft2
Investment 1-4 Unit
March 17, 2025, 10:18 a.m.
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.
Listed by: Jake Scheloske (814) 449-7973, Agresti Real Estate (814) 459-9400
Source: MLS#: 181884; Originating MLS: Greater Erie Board of Realtors
| Directions | East Lake Rd., near the corner of Payne Ave. |
| Year Built | 1915 |
| Area | 1 - Erie Northeast |
| Road Surface | Paved Public |
| Water | Public |
| School Districts | City-Erie |
| Building Information | Existing Structure |
| Construction | Frame |
| Fuel Type | Gas |
| Roof Description | Composition |
| Heating Type | Forced-Air |
| Garage | Detach |
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