$449,900
SOLD APR 1, 2026

209 E Main Girard, PA 16417

16 Beds
-- Bath
12,408 Sq Ft
1.12 Acres Lot

Sale Details

Date Sold: April 1, 2026

$36 Per Sq Ft

32 Days on Market

Highlights

  • 1.12 Acre Lot
  • Hot Water Heating System
  • 3-minute walk to Wells Park

About This Home

As of April 2026

Introducing the Elk Creek Historical Lodge — a rare 16-unit approved boarding house delivering serious cash flow and a strong 13.5% cap rate with large net income. This income-producing asset features 16 rentable units plus an on-site property manager for streamlined, hands-off operations. Situated on over an acre, the lodge blends historic character with practical upgrades, including industrial-grade kitchen equipment, a spacious common area ideal for group gatherings, two marble fireplaces, updated electrical, a commercial boiler system, and brand-new plumbing in 11 upper units. Ample off-street parking adds convenience, while flexible commercial/residential zoning and a valuable lodge tax exemption further enhance returns. With solid rental history and value-add stability, this is a high-yield investment opportunity you don’t want to miss. POSSIBLE OWNER FINANCING AVAILABLE WITH 75K DOWN.

Last Agent to Sell the Property

Jake Scheloske

Agresti Real Estate License #RS318016 Listed on: 02/28/2026

Agresti Real Estate

Last Buyer's Agent

Nicholas Haller

Coldwell Banker Select - Peach License #RS363452

Coldwell Banker Select - Peach

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,301

Year Built

  • Built in 1900

Lot Details

  • 1.12 Acre Lot
  • Lot Dimensions are 198x329x148x329

Home Design

  • Aluminum Siding

Interior Spaces

  • 16 Bedrooms
  • 12,408 Sq Ft Home
  • 2-Story Property

Utilities

  • No Cooling
  • Heating System Uses Gas
  • Hot Water Heating System

Listing and Financial Details

  • Assessor Parcel Number 23-015-048.0-011.00

Community Details

Overview

  • 16 Units

Building Details

  • Insurance Expense $6,000
  • Maintenance Expense $4,980
  • Water Sewer Expense $5,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,301

Year Built

Built in 1900

Lot Details

1.12 Acres

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi Family
  • Directions: From Erie, take I-79 S to US-20 W (26th St/Ridge Rd) & follow US-20 west about 16 miles into Girard. Stay on E Main St to 209 E Main St on the right.
  • Lot Size Acres: 1.12
  • Road Surface Type: Paved
  • Co List Office Phone: (814) 459-9400
  • MLS Status: Closed
  • Architectural Style: Two Story
  • Unit Levels: Two
  • Living Area: 12408.0
  • Year Built Details: Estimate
  • Year Built: 1900
  • Tax Year: 2026
  • Special Features: None
  • Year Built: 1900

Interior Features

  • Total Bedrooms: 16
  • Stories: 2

Exterior Features

  • Construction Type: Aluminum Siding

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Gas, Hot Water
  • HeatingYN: Yes
  • Sewer: Public Sewer
  • Water Source: Public

Fee Information

  • Insurance Expense: 6000.0
  • Annual Water Sewer Expense: 5000.0

Schools

  • Junior High Dist: Girard

Lot Info

  • Parcel Number: 23-015-048.0-011.00
  • Lot Dimensions: 198x329x148x329
  • ResoLotSizeUnits: Acres
  • Zoning Description: C-1

Multi Family

  • Number Of Units In Community: 16
  • Maintenance Expense: 4980.0

Tax Info

  • Tax Annual Amount: 6301.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 28, 2020
Sold by
Seaman C Dan
Bought by
Palmer Ventures Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$172,000
Outstanding Balance
$150,236
Interest Rate
2.8%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Aug 28, 2003
Sold by
Presbyterian Homes Presbytery Of Erie
Bought by
Seaman C Dan and Seaman Sheryl D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
5.69%
Mortgage Type
Commercial

Purchase Details

Closed on
Dec 21, 2001
Sold by
The Presbyterian Homes In The Presbytery
Bought by
The Borough Of Girard
Source: Public Records
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $215,000 None Available
Warranty Deed $125,000 --
Corporate Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $172,000 Future Advance Clause Open End Mortgage
Previous Owner $200,000 Commercial
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/01/2026 04/01/26 Sold $449,900 0.0% $36 / Sq Ft
02/28/2026 02/28/26 For Sale $449,900 -- $36 / Sq Ft
Source: Greater Erie Board of REALTORS®

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2026 $5,854 $192,000 $91,100 $100,900
2025 $5,854 $192,000 $91,100 $100,900
2024 $5,345 $192,000 $91,100 $100,900
2023 $5,163 $192,000 $91,100 $100,900
2022 $5,032 $192,000 $91,100 $100,900
2021 $4,971 $192,000 $91,100 $100,900
2020 $4,923 $192,000 $91,100 $100,900
2019 $4,810 $192,000 $91,100 $100,900
2018 $4,639 $192,000 $91,100 $100,900
2017 $4,524 $192,000 $91,100 $100,900
2016 $5,282 $192,000 $91,100 $100,900
2015 $5,234 $192,000 $91,100 $100,900
2014 $2,256 $192,000 $91,100 $100,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater Erie Board of REALTORS®

MLS Number: 189799

Greater Erie Board of REALTORS®

APN: 23-015-048.0-011.00

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