416-438 HILLCREST Drive Edinboro, PA $ 649,900
416-438 HILLCREST Drive
$ 649,900
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416-438 HILLCREST Drive

Edinboro, PA, 16412
$ 649,900
Bedrooms36 Baths0.0 Sq 12,960

Monthly Estimate*

$ 4,055

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Multi-Family Home for sale in Edinboro, PA

for $649,900 with 36 bedrooms. This 12,960 square foot home was built in 2007 on a lot size of 1.305.

Discover the perfect canvas for your next development near Edinboro University! This exceptional 1.3+ acre parcel, just steps from campus, offers a rare blend of existing income and future opportunity. The property features two fully finished 2-bedroom, 1.5-bath condos (valued at $225,000 each) plus additional R-4 zoned land ideal for expansion. With infrastructure already in place—including full utilities, stormwater management, and a retention basin—the site is primed for further development. The current condo association allows for up to 10 additional units, or the association can be dissolved to pursue new layouts such as townhomes, duplexes, triplexes, or larger multi-unit buildings. Public water, sewer, gas, electric, and Armstrong connections are available at the road. Whether you continue the existing condo project or design a custom residential community, this property offers unmatched flexibility, strong rental potential, & a premium location minutes from Edinboro University.

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Multi-Family Active

Price

$ 649,900

Bedrooms

36

Property Type

Multi-Family

Taxes

$ 8,650

Style

Lot Size

1.305

Year Built

2007

Town/City

Edinboro

County/Region

Erie

MLS | Web ID

188418

Features
General
Sewer Public Sewer
Possession Subject To Tenant Rights
Construction Materials Mixed
Security Deposit 15000
Township Edinboro
Property Subtype Multi Family
Tax Year 2025
County Erie
Property Type Residential Income
Status Active
Directions I79 to Edinboro Exit 6N east north on Dundon Rd. left on Hillcrest Dr.
City Edinboro
Zoning Description R-4
MLS Area 11 - Edin/Frkln Twp/Mckean Twp & Boro/Wash Twp
Lot Size Units Acres
Tax Annual Amount 8650
Standard Status Active
Tax Assessed Value 245800
Heating Forced Air Gas
Cooling Central Air
High School District General McLane
Middle/Junior School District General McLane
Elementary School District General McLane
Year Built 2007
Year Built Details Actual
Property Condition Excellent Resale
Virtual Tour https://my.matterport.com/show/?m=LJjh8W6qoCP
Roof Composition
Garage Spaces 12
Architectural Style Two Story
Stories Count 2
Levels Two
Gross Income 216000
Net Operating Income 165800
Insurance Expense 6600
Number Of Units Total 2
MaintenanceExpense 10800
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Interior
Air Conditioning Y/N true
Heating Y/N true
Total Bedrooms 36
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Exterior
Water Source Public
Lot Size Area 1.305
Building Area Total 12960
Lot Dimensions 0x0x0x0
Lot Size Acres 1.305
Lot Features Corner Lot
Road Surface Type Paved
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* Excluded Features
List By
Agresti Real Estate

Broker

jake@tryagresti.com

Email

Affordability Calculator

$4,775
Per Month
85%
15%
0%
Monthly Principal & Interest
$4,055
Monthly Property Taxes
$721
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% 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
4775315 Elementary School
4775313 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
10/16/2025$649,900 Listed Price

Map


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416-438 HILLCREST Drive, Edinboro, PA, 16412 is a Multi-Family Home for sale at $649,900 with 12,960 sqft and a lot size of 1.305. 416-438 HILLCREST Drive has 36 bedrooms, 0.0 baths, and was built in 2007. The property's zip code is 16412 which is in Edinboro, PA