NOT LISTED FOR SALE

731 W 4th St Erie, PA 16507

West Bayfront Neighborhood
6 Beds
3 Baths
2,864 Sq Ft
4,086 Sq Ft Lot

Last Sold March 24, 2017

Last sale price $53,000 $19 Per Sq Ft

4 Days on Market

About This Home

As of March 2017

WOW! Awesome cash flow! Fully occupied 3 unit with leases. 3beds, 2beds and 1 bed. Off-street parking for 3 cars. Cap rate is 18%, DCR is 2.57 and Cash on Cash is 45%. 3% Seller Assist available. Call 878-0001 for all showings. 24 hour notices required.

Last Agent to Sell the Property

Gerard Sweeney

Howard Hanna Erie Airport License #RS335618 Listed on: 03/03/2017

Howard Hanna Erie Airport

Last Buyer's Agent

Corey Barbato

Keller Williams Realty License #AB068966

Keller Williams Realty

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1920

Lot Details

  • 4,086 Sq Ft Lot
  • Lot Dimensions are 29x99x0x0

Parking

  • 3 Parking Spaces

Home Design

  • 2,864 Sq Ft Home
  • Triplex
  • Aluminum Siding
  • Vinyl Siding

Bedrooms and Bathrooms

  • 6 Bedrooms

Utilities

  • No Cooling
  • Forced Air Heating System
  • Heating System Uses Gas

Listing and Financial Details

  • Assessor Parcel Number 17-040-023.0-212.00

Community Details

Overview

  • 3 Units

Building Details

  • Insurance Expense $900
  • Maintenance Expense $2,000
  • Water Sewer Expense $1,400

Property Details

Home Type

Multi-Family

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Triplex
  • Directions: Southeast Corner of 4th & Liberty Street
  • Lot Size Acres: 0.0938
  • Road Surface Type: Paved
  • Co List Office Phone: (814) 217-1900
  • MLS Status: Closed
  • Architectural Style: Triplex
  • Living Area: 2864.0
  • Year Built: 1920
  • Tax Year: 2017
  • Property Sub Type Additional: Triplex
  • Special Features: None

Interior Features

  • Total Bedrooms: 6
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Construction Type: Aluminum Siding, Vinyl Siding

Garage/Parking

  • Total Parking Spaces: 3.0

Utilities

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

Fee Information

  • Insurance Expense: 900.0
  • Annual Water Sewer Expense: 1400.0

Schools

  • Junior High Dist: City-Erie

Lot Info

  • Parcel Number: 17-040-023.0-212.00
  • Lot Dimensions: 29x99x0x0
  • ResoLotSizeUnits: Acres
  • Zoning Description: R-2
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units In Community: 3
  • Number Of Units Total: 3
  • Maintenance Expense: 2000.0

Tax Info

  • Tax Annual Amount: 2277.0

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/24/2017 03/24/17 Sold $53,000 -3.6% $19 / Sq Ft
03/07/2017 03/07/17 Pending -- -- --
03/03/2017 03/03/17 For Sale $55,000 -- $19 / Sq Ft
Source: Greater Erie Board of REALTORS®

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • G

    Seller's Agent in 2017

    Gerard Sweeney

    Howard Hanna Erie Airport

    Section Image
  • Corey Barbato

    Buyer's Agent in 2017

    Corey Barbato

    Keller Williams Realty

    (814) 490-6701

    77 Total Sales

    Section Image
See All Agents

Map

Source: Greater Erie Board of REALTORS®

MLS Number: 103289

Greater Erie Board of REALTORS®

APN: 17-040-023.0-212.00

Pennsylvania Erie County Erie 16507 West Bayfront

731 W 4th St, Erie, PA

This home is located at 731 W 4th St, Erie, PA 16507 since 03 March 2017. This property was built in 1920. 731 W 4th St is a home located in Erie County with nearby schools including Harding Elementary School, Strong Vincent Middle School, and Erie High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Greater Erie Board of REALTORS® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

Nearby Homes