1402 STATE Street Erie, PA $ 665,000
1402 STATE Street
$ 665,000
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1402 STATE Street

Erie, PA, 16501
$ 665,000
Baths0.0 Sq 29,680

Monthly Estimate*

$ 4,645

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Studio

Pending for sale in Erie, PA

for $665,000. This 29,680 square foot home was built in 1900 on a lot size of 0.2245.

Opportunities abound with these 4 commercial condos located in one of the best sections of State St! 1'st floor lease alone makes this a perfect acquisition. Finish remaining floors for your new or expanding business or tenant lease to make this a home run investment. All of the heavy lifting has been done for you as have all of the mechanicals. Just need your vision to add to the revitalized downtown scene. Business, liquor License, and FFE are NOT included in sale. See CREXI for more details.

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Pending Pending

Price

$ 665,000

Bedrooms

Studio

Property Type

Pending

Taxes

$ 21,254

Style

Lot Size

0.2245

Year Built

1900

Town/City

Erie

County/Region

Erie

MLS | Web ID

166595

Features
General
Sewer PublicSewer
Heating ForcedAir Gas
Cooling CentralAir
Possession CloseOfEscrow SubjectToTenantRights
Roof Rubber
Garage Spaces 0.0
Architectural Style Other
Construction Materials Brick Masonry
Year Built 1900
Security Deposit 35000.0
Township Erie
Property SubType MultiFamily
Tax Year 2024
Gross Income 54000.0
County Erie
Net Operating Income 31710.0
New Construction N
Property Type ResidentialIncome
HOA / Comm Assn N
Attached Garage N
Garage Y/N N
Status Pending
Directions State St to southwest corner of 14'th and State
City Erie
Buyer Agent Compensation 3%
View Y/N N
Senior Community Y/N N
High School District City-Erie
Zoning Description C-3
Total Units 1
MLS Area 2 - Erie Northwest
Waterfront Y/N N
Carport Y/N N
Street Name STATE
Property Attached Y/N N
Year Built Details Actual
Land Lease Y/N N
Tax Annual Amount 21254.0
Home Warranty Y/N N
Lease Renewal Y/N N
Additional Parcels Y/N N
Lease Considered Y/N N
Rent Control Y/N N
Days on Market 429
Standard Status Pending
Middle/Junior School District City-Erie
Elementary School District City-Erie
Tax Assessed Value 549300
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Exterior
Water Source Public
Total Parking 12.0
Lot Size Area 0.2245
Spa N
Building Area Total 29680.0
Lot Dimensions 92x90x62x127
Lot Size Acres 0.2245
Road Surface Type Paved
Lot Size Units Acres
Crops Included Y/N N
Open Parking Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
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Interior
Basement (Y/N) N
Air Conditioning Y/N Y
Heating Y/N Y
Fireplace Y/N N
Street Suffix Street
Total Bedrooms 0
Electric On Property Y/N N
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Internal Only
Street Number 1 1402
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* Excluded Features
List By
Keller Williams Realty

Broker

jim@jimbarbour.com

Email

Affordability Calculator

$6,416
Per Month
72%
28%
0%
Monthly Principal & Interest
$4,645
Monthly Property Taxes
$1,771
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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The time to sell is now
THE TIME TO SELL IS NOW!
Nearby
2358928 Elementary School
2358969 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
8/10/2023$665,000 -5.00% Price Down
12/30/2022$700,000 Listed Price

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1402 STATE Street, Erie, PA, 16501 is a Pending for sale at $665,000 with 29,680 sqft and a lot size of 0.2245. 1402 STATE Street is a studio with 0.0 baths and was built in 1900. The property's zip code is 16501 which is in Erie, PA