10576 & 10578 E WASHINGTON Street Albion, PA 16401
MULTI_FAMILY - Other - Albion, PA
- Added:
- Nov 18, 2025
- Days on Market:
- 236
- Last Refresh:
- Jul 12 at 11:06 pm
Property Features for 10576 & 10578 E WASHINGTON Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 6
- Bathrooms
- 3
- Rooms
- Bathroom 3, Bedroom 6, Bedroom 5, Bathroom 2, Bedroom 3, Bedroom 2, Bedroom 4, Bedroom 1, Bathroom 1
- Parking
- 6
- Standard status
- Active
- APN
- 04-008-055.0-003.00
- Size
- 2,908 SF
- Lot size
- 0.40 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Annual Amount
- 2676
- Expense value
- 5000
- Expense
- SecurityDeposit
- Expense freq.
- One Time
Utilities
- Sewer type
- Public Sewer
- Heating system
- Natural Gas, Forced Air
- Water source
- Public
Building Details
- Year built
- 1950
- Floors in Building
- 2
- Number of units
- 3
- Building materials
- Brick, VinylSiding
- Roof type
- Composition
- Architectural style
- Other
Listing agent Mark Hutchison License #RS120117A (814) 450-3389
Listing office Coldwell Banker Select - Edinboro 413 W Plum Street, Erie, PA (814) 734-1144
Listing date Nov 18, 2025
Copyright © 2026 Greater Erie Board of Realtors MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
Key Highlights
- Immaculate 3 unit investment property with a great rental history
- Large parcel of land
- Tenants pay all utilities
Local Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $29.7k | $10.20 |
| − Vacancy | −$1.1k | −$0.39 |
| EGI | $28.5k | $9.81 |
| − OpEx | −$8.6k | −$2.94 |
| NOI | $20.0k | $6.87 |
