3806 W RIDGE Road Millcreek, PA $ 675,000
3806 W RIDGE Road
$ 675,000
Share Save

3806 W RIDGE Road

Millcreek, PA, 16506
$ 675,000
Baths0.0 Sq 7,549

Monthly Estimate*

$ 4,486

3806 W RIDGE Road, Millcreek, PA 16506 - Image 1
3806 W RIDGE Road, Millcreek, PA 16506 - Image 2
3806 W RIDGE Road, Millcreek, PA 16506 - Image 3
3806 W RIDGE Road, Millcreek, PA 16506 - Image 4
3806 W RIDGE Road, Millcreek, PA 16506 - Image 5
3806 W RIDGE Road, Millcreek, PA 16506 - Image 6
3806 W RIDGE Road, Millcreek, PA 16506 - Image 7
3806 W RIDGE Road, Millcreek, PA 16506 - Image 8
3806 W RIDGE Road, Millcreek, PA 16506 - Image 9
3806 W RIDGE Road, Millcreek, PA 16506 - Image 10
Studio Multi-Family Home for sale in Millcreek, PA for $675,000. This 7,549 square foot home was built in 1963 on a lot size of 0.539.

Discover a lucrative investment opportunity at 3806 W Ridge Rd, Erie, PA – an exquisite triple-net property boasting long-term tenants and an outstanding cap rate! This strategically positioned asset features both a national and a thriving local tenant, ensuring a diverse and robust income stream. The success stories of both businesses are woven into the fabric of this property, and with long-term leases securely in place, the future looks exceptionally promising. This is not just a property; it's a strategic addition to your investment portfolio. Seize the chance to effortlessly grow your wealth. There's nothing for you to do here except watch the rents roll in. Please note that no businesses are included in the sale. Don't miss out on this gem of an investment; act now and secure your financial future!

See more

Multi-Family Active

Price

$ 675,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 7,622

Style

One Story

Lot Size

0.539

Year Built

1963

Town/City

Millcreek

County/Region

ERIE

MLS | Web ID

155349

Features
General
Sewer PublicSewer
Heating Gas MultiFuel
Cooling None
Possession CloseOfEscrow SubjectToTenantRights
Roof Asphalt
Garage Spaces 0.0
Architectural Style OneStory
Construction Materials Block
Year Built 1963
Security Deposit 50000.0
Stories 1
Township Millcreek Township
Levels One
Property SubType MultiFamily
Tax Year 2023
Gross Income 56520.0
County Erie
Net Operating Income 55432.0
Insurance Expense 1088.0
New Construction N
Property Type ResidentialIncome
HOA / Comm Assn N
Attached Garage N
Garage Y/N N
Status Active
Directions From I-79 West Ridge Rd west to Powell Ave. Property is on North West Corner
City Millcreek
View Y/N N
Senior Community Y/N N
High School District Millcreek
Zoning Description MU
NumberOfUnitsTotal 2
MLS Area 5 - Millcreek N of W26
Lot Size Units Acres
Waterfront Y/N N
Carport Y/N N
Street Name RIDGE
Property Attached Y/N N
Year Built Details Actual
Land Lease Y/N N
Tax Annual Amount 7622.0
Home Warranty Y/N N
Property Condition Resale
Lease Renewal Y/N N
Additional Parcels Y/N N
Lease Considered Y/N N
Rent Control Y/N N
Days on Market 1175
Standard Status Active
Middle/Junior School District Millcreek
Elementary School District Millcreek
Tax Assessed Value 294700
See more
Exterior
Parking Features SeeRemarks
Lot Features CornerLot
Water Source Public
Total Parking 15.0
Lot Size Area 0.539
Spa N
Building Area Total 7549.0
Lot Dimensions 153x211x136x150
Lot Size Acres 0.539
Road Surface Type Paved
Crops Included Y/N N
Open Parking Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
See more
Interior
Basement (Y/N) N
Air Conditioning Y/N N
Heating Y/N Y
Fireplace Y/N N
Street Suffix Road
Total Bedrooms 0
Electric On Property Y/N N
See more
Internal Only
Street Number 1 3806
See more
* Excluded Features
List By
Keller Williams Realty

Broker

jim@jimbarbour.com

Email

Affordability Calculator

$5,121
Per Month
88%
12%
0%
Monthly Principal & Interest
$4,486
Monthly Property Taxes
$635
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.
Learn more about how to save

Discover how much house you can afford

Your dream home may be within reach.

Learn More about how to save

The time to sell is now
THE TIME TO SELL IS NOW!
Nearby
2358936 Elementary School
2358943 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
11/17/2023$675,000 -9.40% Price Down
4/11/2023$745,000 -0.67% Price Down
11/3/2022$750,000 -3.23% Price Down
6/30/2021$775,000 -3.13% Price Down
2/12/2021$800,000 Listed Price

Map


See all

3806 W RIDGE Road, Millcreek, PA, 16506 is a Multi-Family Home for sale at $675,000 with 7,549 sqft and a lot size of 0.539. 3806 W RIDGE Road is a studio with 0.0 baths and was built in 1963. The property's zip code is 16506 which is in Millcreek, PA