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2931 Maple St
Erie, PA 16508 South Suburban Erie

$360,000 USD

Multifamily For Sale • 4,850 SF

Property Details

Property Type Multifamily
Total Building Size 4,850 SF
Year Built 1909
Zoning R-1A

30 Transit Score

70 Walk Score

                
                    Highlights
                
                                4-Unit, 2 Property Mixed-Use Investment Package
                            
                                4,850± SF – 1 Commercial Unit & 3 Residential Units
                            
                                $35,445 Annual Income & $26,522 Net Operating Income
                            
                                Upside Potential With Below Market Rental Rates
                            
                                $46,113 Pro Forma Annual Income – $37,773 Pro Forma NOI – 10.5% Pro Forma Cap Rate
                            
                                ±11 Off-Street Parking Spaces - Separately Metered Gas & Electric

Property Flyers

BROCHURE-4-Unit Investment--Compressed--(2930 Cherry-2931 Maple St)

Public Transportation

Commuter Rail	Drive	Walk	Distance
	5 min	-	1.8 mi
Airport	Drive	Walk	Distance
Erie International/Tom Ridge Field	14 min	-	6.1 mi

Parking Details

Parking Available:	Yes
Reserved:	No
Spaces Provided:	11
Type:	Surface
Included in Rent:	Yes

Sherry Bauer 814-460-2000 SBRE - Sherry Bauer Real Estate Services

2931 Maple St Erie, PA 16508 South Suburban Erie