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5-Unit Apartment Building
For Sale
$265,000
Pending

1630 W Gore Rd, Erie, PA 16509

Residents have basement storage, coin-operated laundry, and access to decks on both floors.

Property Size4,196 SF
Days on Market11

Property Features for 1630 W Gore Rd

General Information

Standard status Pending
Size 4,196 SF
Property subtype Residential Income
Occupancy 100%

Units

Unit Mix 5 x 1BR
Multifamily Units 5

Taxes and HOA fees

Annual Taxes $4,798

Amenities

coin-operated laundry
deck
basement storage
Listing Agency: KW Flagship Realty
Listed By: Fred Amendola · License #RS321265
Source: Exprealty
Added: Sep 17 Changed: Sep 24 Last Checked: Sep 26 at 9:35AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of KW Flagship Realty

Investment Insights

Based on property information with market context.

This 4,196-square-foot apartment property at 1630 W Gore Rd in Erie contains five one-bedroom units, all reported occupied. Residents have separate basement storage areas, coin-operated laundry, and deck access from the first and second floors. The attached one-car garage is used by the owners and includes a workshop, office area, and half bath. A sixth electrical service and water tank serve that area. An attached shed and a larger detached shed provide additional storage space.

The property also includes records covering expenses, repairs, revenue, mechanical work, installation dates, utility costs by unit, and unit square footage.

Key Highlights

  • Five one‑bedroom apartments; 100% occupancy
  • 4,196 square feet at 1630 W Gore Rd, Erie, PA
  • Basement access provides separate storage for each tenant

Property Analytics

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Current Use

Apartment buildings

Suggested Use

Top Pick Real Estate Agency Parking Lot & Garage HVAC Service Kitchen & Bath Showroom Dental Office Grocery & Convenience Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

5
Residential units
100%
Occupancy

Location Intelligence

Trade Area within ½ mile

635
Businesses Nearby

Demographics for 16509, PA

28,005
Population
12,900
Households
2.2
Avg Household Size
44
Median Age
37%
College-Educated
95%
High-School Grad
38.2 sq mi
ZIP Area
733
Density / Sq Mi
$68,880
Median Household Income
$41,143
Median Earnings
$1,074
Median Rent
$207,500
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
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Frequently Asked Questions

What type of property is this?
Apartment building - Residents have basement storage, coin-operated laundry, and access to decks on both floors.
Where is this apartment building located?
The property is located at 1630 W Gore Rd Erie, PA.
What is the asking price?
The asking price for this property is $265,000.
What are key features of this property?
This property features: Five one‑bedroom apartments; 100% occupancy; 4,196 square feet at 1630 W Gore Rd, Erie, PA; Basement access provides separate storage for each tenant
More about this property
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