3302 BAER BEACH Road Erie, PA 16505
MULTI_FAMILY - Other - Erie, PA
Property Features for 3302 BAER BEACH Road
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 3
- Bathrooms
- 3
- Rooms
- Bedroom 2, Bathroom 2, Bathroom 3, Bathroom 1, Bedroom 1, Bedroom 3
- Parking
- 6
- Standard status
- Active
- APN
- 33-007-019.0-277.50
- Size
- 2,300 SF
Taxes and HOA fees
- Tax Year
- 2026
- Tax Annual Amount
- 6551
- Expense value
- 15000
- Expense
- SecurityDeposit
- Expense freq.
- One Time
Utilities
- Sewer type
- Public Sewer
- Heating system
- Natural Gas, Forced Air
- Cooling system
- Central Air
- Water source
- Public
- Water front features
- Lake Front
- Water front
- 1
Building Details
- Year built
- 1989
- Floors in Building
- 1
- Number of units
- 2
- Building materials
- VinylSiding
- Roof type
- Composition
- Architectural style
- Other
Listing agent Jennifer Nelson License #AB067796 (814) 572-6489
Listing office Coldwell Banker Select - Peach 2961 Peach St, Erie, PA (814) 453-4578
Listing date Jul 8, 2026
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.
Located in Millcreek Township in Erie, PA 16505, the property is described as being just minutes from schools, shopping, and dining, supporting a convenient day-to-day lifestyle.
From a use standpoint, the layout is described as flexible enough to be separated back into two independent units. That configuration can work well for an in-law suite or guest wing, or for a high-end rental setup depending on how the spaces are operated. The community also offers amenities through Crystal Point, including a saltwater pool and clubhouse, which can help support tenant or household preferences.
Key Highlights
- Lakefront residence at Crystal Point with public water and public sewer
- 1st‑floor layout offering 2,300 sq ft with 3 bedrooms and 3 bathrooms
- Originally two separate condos combined into one, with the option to split back into two independent units
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 | $23.5k | $10.20 |
| − Vacancy | −$891 | −$0.39 |
| EGI | $22.6k | $9.81 |
| − OpEx | −$6.8k | −$2.94 |
| NOI | $15.8k | $6.87 |
