NOT LISTED FOR SALE

Estimated Value: $325,592

16 Beds
-- Bath
12,408 Sq Ft
$26/Sq Ft Est. Value

Sale Details

Date Sold: April 1, 2026

Last sale price $449,900 $36 Per Sq Ft

Est. 28% decrease in value since last sale

Current estimated payment $2,315 / mo

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

Agresti Real Estate License #RS363452

Agresti Real Estate

Range of Values:

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Value Increase
--
Percent Increase
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Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 28, 2020
Sold by
Bought by
Current Estimated Value
$325,592

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
$149,523
Interest Rate
2.8%
Mortgage Type
Future Advance Clause Open End Mortgage
Estimated Equity
$176,069

Purchase Details

Closed on
Aug 28, 2003
Sold by
Bought by

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
Bought by
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Agents Specializing in Girard, PA

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$215,000 None Available
$125,000 --
-- --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $172,000
Previous Owner $290,000
Previous Owner $200,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $6,301 $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

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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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