Home For Sale In Mill Creek, Pennsylvania

house for sale

4 views

Listed: 01/21/24

3806 W Ridge Rd, Mill Creek, Pennsylvania, 16506

Studio Bed:

7,549 Sq Ft Living Area:

Save

Price

$ 675,000

Show 6 more

About This House

Discover a lucrative investment opportunity at3806 WRidge 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!

Protect Yourself From Rental Scams

While we strive to provide accurate and timely information, it's essential to remain vigilant and do your due diligence when considering rental properties. Make sure to follow expert tips to reduce the risk of fraud when renting a new apartment.

Houses for sale in Erie

Original listing

Caughey Heights Housing & Living

Average sale prices for houses

3 bed

4+ bed

Show as List Show as Graph

Month	Median Price
Jun 2024	$160,615 (+7.7%)
May 2024	$149,073 (-9.3%)
Apr 2024	$164,394 (0%)
Mar 2024	$164,394 (0%)
Feb 2024	$164,394 (0%)
Jan 2024	$164,394 (+22.1%)

In June 2024, the asking price for 3 bed houses for sale in/near Caughey Heights, Erie, United States averaged $160,615, an increase of 7.7% from the previous month.

Median price trends for properties for sale in Caughey Heights, Erie, United States as of June 2024.

Household Income

Median household income: $35,802

Number of households: 40,507

The average household income in Erie, PA grew from $35,205 to $35,802 in the past year. This data is an estimate based upon 40,507 households in Erie, PA.
The chart below presents how household income is distributed in Erie, PA in comparison to the revenue allocation amid households nationally.

Property Taxes

Average range: $2k-$3k

One of the most important aspects for property owners is the amount of property taxes. This graph shows distribution of property taxes in Erie, PA compared to median property taxes around the country. The prevalent amount of property taxes in Erie, PA equals $2k-$3k , which is less than the national average.