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1032 LOOKOUT Drive Erie, PA $ 525,000
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$ 525,000 Get more info
1032 LOOKOUT Drive
$ 525,000
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Share Save

1032 LOOKOUT Drive

Erie, PA, 16507
$ 525,000
Bedrooms4 Baths0.0 Sq 3,229

Monthly Estimate*

$ 3,489

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Multi-Family Home for sale in Erie, PA

for $525,000 with 4 bedrooms. This 3,229 square foot home was built in 1995.

Welcome to your Lakeview oasis!  This two unit property has stunning views of Lake Erie Bayfront and is in walking distance to music concerts, docks, biking trails, and Frontier Park. The property was originally built as a one unit and can easily and inexpensively be converted back. Property has a total of 4 bedrooms, including a large primary suite, 3.5 baths, two kitchens, two living rooms, two garages, two laundry rooms, three decks/patio with great views of the bay. Both units have seperate furnaces, hot water tanks, and central A/C Units. Features of the property include gas fireplace, jacuzzi tub, hardwood and engineered flooring throughout, new appliances, vaulted ceilings, and skylights. Rent from current lower unit tenants cover the taxes and/or HOA fees.

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Multi-Family Active

Price

$ 525,000

Bedrooms

4

Property Type

Multi-Family

Taxes

$ 11,276

Style

ThreeStory

Year Built

1995

Town/City

Erie

County/Region

Erie

MLS | Web ID

174142
Features
General
Sewer PublicSewer
Heating ForcedAir Gas
Cooling CentralAir
Possession CloseOfEscrow
Roof Composition
HOA 2123.0
Garage Spaces 2.0
Association Fee Includes AssociationManagement MaintenanceGrounds MaintenanceStructure StreetLights SnowRemoval
Architectural Style ThreeStory
Construction Materials Mixed
Year Built 1995
Security Deposit 10000.0
View Lake Water
Township Erie
Levels ThreeOrMore
Property SubType MultiFamily
Tax Year 2023
Gross Income 14400.0
Assoc Fee Paid Per Quarterly
County Erie
Net Operating Income 14400.0
New Construction N
Property Type ResidentialIncome
HOA / Comm Assn N
Attached Garage N
Garage Y/N Y
Status Active
Directions West on W. Bayfront PKWY Sout on Cranberry East on 4th St. North on Raspberry
City Erie
View Y/N Y
Senior Community Y/N N
High School District City-Erie
Zoning Description R-1
Total Units 2
MLS Area 2 - Erie Northwest
Waterfront Y/N N
Carport Y/N N
Street Name LOOKOUT
Property Attached Y/N N
Year Built Details Actual
Land Lease Y/N N
Tax Annual Amount 11276.0
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 48
Standard Status Active
Middle/Junior School District City-Erie
Elementary School District City-Erie
Tax Assessed Value 300000
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Exterior
Parking Features Attached
Lot Features Landscaped Views
Water Source Public
Lot Size Area 0.0
Spa N
Building Area Total 3229.0
Lot Dimensions 0x0x0x0
Lot Size Acres 0.0
Road Surface Type Paved
Lot Size Units Acres
Road Frontage Type PrivateRoad
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 Drive
Total Bedrooms 4
Electric On Property Y/N N
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Internal Only
Street Number 1 1032
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* Excluded Features
List By
Howard Hanna Erie Airport

Broker

justinsellserie@gmail.com

Email

Affordability Calculator

$4,429
Per Month
79%
21%
0%
Monthly Principal & Interest
$3,489
Monthly Property Taxes
$940
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.99% 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!
Nearby
2358928 Elementary School
2358969 Middle School
Unknown High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
5/11/2024$525,000 -4.55% Price Down
3/8/2024$550,000 Listed Price

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1032 LOOKOUT Drive, Erie, PA, 16507 is a Multi-Family Home for sale at $525,000 with 3,229 sqft. 1032 LOOKOUT Drive has 4 bedrooms, 0.0 baths, and was built in 1995. The property's zip code is 16507 which is in Erie, PA

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