2900 RICE Avenue Lake City, PA ^$ 650,000

2900 RICE Avenue

^$ 650,000

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Recently Listed

2900 RICE Avenue

Lake City, PA, 16423

^$ 650,000

Studio Baths0.0 Sq 13,050

Monthly Estimate*

^$ 4,104

2900 RICE Avenue, Lake City, PA 16423 - Image 1

2900 RICE Avenue, Lake City, PA 16423 - Image 2

2900 RICE Avenue, Lake City, PA 16423 - Image 3

2900 RICE Avenue, Lake City, PA 16423 - Image 4

2900 RICE Avenue, Lake City, PA 16423 - Image 5

2900 RICE Avenue, Lake City, PA 16423 - Image 6

Studio

Multi-Family Home for sale in Lake City, PA

for $650,000. This 13,050 square foot home was built in 2004 on a lot size of 2.12.

Business & R/E known as "Rice Ave U-Store" 80 mini-storage units. Concrete block construction w/ asphalt roofs. 2+ acres with potential to add additional units. The 1,050 SF 2 bay garage could be razed or renovated. 6 units are vacant, 74 are occupied.

Multi-Family Active

Price

^$ 650,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

^$ 8,226

Style

Lot Size

2.12

Year Built

2004

Town/City

Lake City

County/Region

Erie

MLS | Web ID

191675

Features

General

Possession Subject To Tenant Rights

Construction Materials Block

Security Deposit 30000

Township Lake City Borough

Property Subtype Multi Family

Tax Year 2026

County Erie

Property Type Residential Income

Status Active

Directions Rice Ave just South of Middle Rd (W side of Rice Ave)

City Lake City Boro

Zoning Description M-1

MLS Area 9 - Girard/Lake City

Lot Size Units Acres

Tax Annual Amount 8226

Standard Status Active

Tax Assessed Value 243500

Heating None See Remarks

Cooling See Remarks

Utilities Sewer Available Water Available

High School District Girard

Middle/Junior School District Girard

Elementary School District Girard

Year Built 2004

Year Built Details Actual

Property Condition Average Condition

Roof Asphalt

Architectural Style One Story

Stories Count 1

Levels One

Gross Income 73961

Net Operating Income 48786

Insurance Expense 4200

Number Of Units Total 3

MaintenanceExpense 1500

Interior

Heating Y/N false

Total Bedrooms 0

Exterior

Lot Size Area 2.12

Building Area Total 13050

Lot Dimensions 340x703x542x0

Lot Size Acres 2.12

Total Parking 20

Lot Features Cleared Flat Mineral Rights

Road Surface Type Paved

* Excluded Features

List By

Coldwell Banker Select - Airport

Broker

bbucceri@eriemoves.com

Affordability Calculator

$4,790

Per Month

Monthly Principal & Interest: $4,104
Monthly Property Taxes: $686
Monthly Home Insurance: --

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Down Payment

Loan Term

Interest Rate

Yearly Property Taxes

Yearly Home Insurance

Default based on a 30-year fixed rate of 6.49% 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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Nearby

Trends
Schools

Multi-family listings in Lake City, PA

Average List Price ^$364,950

Percent of Sale Price 44%

About Lake City, PA

4,501 Population

4% Since 2002

^$46,987 Median Income

40.55 Median Age

29% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

4297018 Elementary School

4720016 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
6/23/2026	$650,000		Listed Price

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2900 RICE Avenue, Lake City, PA, 16423 is a Multi-Family Home for sale at $650,000 with 13,050 sqft and a lot size of 2.12. 2900 RICE Avenue is a studio with 0.0 baths and was built in 2004. The property's zip code is 16423 which is in Lake City, PA

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.49% 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.

Listing data provided courtesy of the Internet Data Exchange Program of the Greater Erie Board of Realtors.

The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of the Greater Erie Board of Realtors. Real Estate listings held by brokerage firms (licensees) other than Weichert Realtors include the name of the listing brokers.

The information being provided is for consumers' personal, non-commercial use and may not be reproduced or redistribute. Its sole purpose is to be used for no other purpose than to identify prospective properties consumers may be interested in purchasing.

Data is updated as of 6/25/2026.

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2900 RICE Avenue

Multi-Family Home for sale in Lake City, PA

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