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324 W 9TH Street, Erie, PA 16502

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For Sale
Sale Pending

$899,900

20 beds25,078 sqft

Estimated Payment

$ 5,648 /mo.

6.67% APR for 30 yrs.
$12,206 in taxes
Change Loan Terms

  • Single Family Attached
    Property type

  • $35.88
    Price per square foot

  • Over 50 Years Old
    Age

Explore this Property

Attention Investors: This is the 16 unit investment opportunity you've been waiting for! The sellers have done all the heavy lifting of stabilizing this asset, increasing rents, and reducing expenses. Ten of the apartments have recently been fully renovated with beautiful, modern finishes. Convenient onsite amenities include digital laundry and off street parking. Located near Gannon University, UPMC Hamot, State Street, Erie Insurance, Saint Vincent Hospital, Lake Erie, bus routes, and more. These apartments are in high demand and fill quickly when vacant. Most tenants are on a 12 month lease, all using the Apartment Association of NW PA lease. Add this valuable asset to your portfolio before it's gone!
MLS# 180254

Courtesy Of EXP REALTY LLC

(888) 397-7352

Property Features

  • Age
    Over 50 Years Old
  • Architecture Style
    Other
  • Cooling System
    None
  • Exterior Type
    Stone
  • Lot Size
    0.39 Acres
  • Roof Type
    Asphalt

Map and Directions

Directions to 324 W 9TH Street, Erie, PA 16502
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Home seller CENTURY 21 American Heritage Realty

Get to know the neighborhood. A local affiliated CENTURY 21 office will help you set up tours, give advice, and negotiate with sellers.

CENTURY 21 American Heritage Realty

(724) 335-4700
Learn More About Us

Mortgage Calculator

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Monthly Payment Breakdown

  • Principle and Interest
    $4,631
  • Property Taxes
    $1,017
  • Hazard Insurance
    $0
  • Private Mortgage Insurance
    $0
  • HOA Dues
    $0
  • Total Monthly Payment:
    $5,648

Calculators provided for estimating purposes only. Consult with your lender to determine precise payment requirements.

Schools

Pfeiffer-burleigh Elementary School

Grades PK-5 Public School


Erie, PA 16503 0.7 miles
235 e 11th st

541 total students
11:1 Student teacher ratio

East Middle School

Grades 6-8 Public School


Erie, PA 16503 1.8 miles
1001 atkins st

672 total students
12:1 Student teacher ratio

Erie High School

Grades 9-12 Public School


Erie, PA 16508 1.6 miles
3325 cherry st

2267 total students
15:1 Student teacher ratio

Other Nearby Schools Distance Type Grades School Rating
Cathedral Preparatory School 0.1 miles Private 9-12
Luther Memorial Academy 0.2 miles Private KG-8
Perseus House Charter School Of Excellence 0.6 miles Public 6-12 D
Erie Rise Leadership Academy Charter School 0.8 miles Public KG-8 C-
Strong Vincent Middle School 1.3 miles Public 6-8 B-
Erie Day School 1.3 miles Private PK-8
Northwest Pa Collegiate Academy 1.4 miles Public 9-12 A-
Perry Elementary School 1.6 miles Public PK-5 D
Harding Elementary School 1.7 miles Public PK-5 C-
Dr Gertrude A Barber Center, Inc 1.7 miles Private PK-12
Woodrow Wilson Middle School 1.8 miles Public 6-8 C+
Mckinley Elementary School 1.9 miles Public PK-5 D+
Jefferson Elementary School 2 miles Public PK-5 D-
Lincoln Elementary School 2.1 miles Public PK-5 C-
St Luke School 2.2 miles Private PK-8
Robert Benjamin Wiley Community Charter School 2.2 miles Public PK-8 C+
Grover Cleveland Elementary School 2.4 miles Public PK-5 C+

Cathedral Preparatory School

Distance: 0.1 miles

Type Private

Grades: 9-12

Luther Memorial Academy

Distance: 0.2 miles

Type Private

Grades: KG-8

Perseus House Charter School Of Excellence

Distance: 0.6 miles

Type Public

Grades: 6-12

D

Erie Rise Leadership Academy Charter School

Distance: 0.8 miles

Type Public

Grades: KG-8

C-

Strong Vincent Middle School

Distance: 1.3 miles

Type Public

Grades: 6-8

B-

Erie Day School

Distance: 1.3 miles

Type Private

Grades: PK-8

Northwest Pa Collegiate Academy

Distance: 1.4 miles

Type Public

Grades: 9-12

A-

Perry Elementary School

Distance: 1.6 miles

Type Public

Grades: PK-5

D

Harding Elementary School

Distance: 1.7 miles

Type Public

Grades: PK-5

C-

Dr Gertrude A Barber Center, Inc

Distance: 1.7 miles

Type Private

Grades: PK-12

Woodrow Wilson Middle School

Distance: 1.8 miles

Type Public

Grades: 6-8

C+

Mckinley Elementary School

Distance: 1.9 miles

Type Public

Grades: PK-5

D+

Jefferson Elementary School

Distance: 2 miles

Type Public

Grades: PK-5

D-

Lincoln Elementary School

Distance: 2.1 miles

Type Public

Grades: PK-5

C-

St Luke School

Distance: 2.2 miles

Type Private

Grades: PK-8

Robert Benjamin Wiley Community Charter School

Distance: 2.2 miles

Type Public

Grades: PK-8

C+

Grover Cleveland Elementary School

Distance: 2.4 miles

Type Public

Grades: PK-5

C+

Local area information for Erie, PA 16502

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Erie, PA 16502

This community’s employment is highest in the healthcare practitioners and administrative support industries. The area’s overall household expenses are below the national average.

80° July
Hottest Average Month

19° February
Coldest Average Month
5,920 Total Households in Area
23.4%
of households
have children
17 minutes
Median Commute Time

Household Expenses vs National Average

Demographic facts
for Erie, PA 16502

Erie, PA 16502 has a population of 13,963 people in 5,920 households with a median age of 37.1 years old.

Down -0.5%
Decrease in population
since the year 2010

Population is Trending down
5,966
Total households as of 2010
Up
1.2%

Community Population By Age

Community Population By Ethnicity

White 66%
Black 16%
Hispanic 10%
Other 4%
Asian 2%
Native American <1%

Economics
for Erie, PA 16502

5,336 /sq mi
Population Density
$38,310 /yr
Median Household Income
$109,000
Median Sales Price
17 min
Median Commute Time

Household Expenses vs National Average

Household by Income

Transportation to Work

  • Drive 82%
  • Walk or Bike 9%
  • Work from Home 7%
  • Public Transit 4%

Occupancy by Type

Rented 3,715 55%
Owned 2,205 33%
Vacant 787 12%

White vs Blue Collar Jobs







White Collar 69%
Blue Collar 31%

Family & Education Facts
for Erie, PA 16502

37.1 Median Age

Average Household Size

2.3
persons per
household

22.4%

Married Households

Community Population By Education

High School Graduate 40%
Some College 16%
Bachelors Degree 15%
Some High School 13%
Associates Degree 9%
Graduate Degree 7%

Household Family Expenses vs National Average

23.4% of households have children

Weather
for Erie, PA 16502

The weather for this area ranges from a high of 80° F in July to a low of 19° F in February

80° July
Hottest Average Month
19° February
Coldest Average Month

Average Temperature by Month

Low (°F)
High (°F)
Jan
20°
33°
Feb
19°
34°
Mar
27°
43°
Apr
37°
54°
May
47°
66°
Jun
57°
75°
Jul
62°
80°
Aug
61°
78°
Sep
54°
72°
Oct
44°
61°
Nov
35°
49°
Dec
25°
37°

Average Temperature in Degrees Fahrenheit

Precipitation

Precipitation (inch)

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