3521 WASHINGTON Avenue, Erie, PA 16508
- Added:
- Jun 16, 2026
- Days on Market:
- 12
- Last Refresh:
- Jun 27 at 4:06 pm
Property Features for 3521 WASHINGTON Avenue
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 4
- Bathrooms
- 2
- Rooms
- Bathroom 2, Bedroom 4, Bathroom 1, Bedroom 1, Bedroom 2, Bedroom 3
- Parking
- 4
- Parking features
- Garage
- Standard status
- Pending
- APN
- 19-061-037.0-303.00
- Size
- 1,750 SF
- Lot size
- 0.13 Acres
Taxes and HOA fees
- Tax Year
- 2026
- Tax Annual Amount
- 4017
- Expense value
- 5000
- Expense
- SecurityDeposit
- Expense freq.
- One Time
Utilities
- Sewer type
- Public Sewer
- Heating system
- Natural Gas, Forced Air
- Cooling system
- Window Unit(s)
- Water source
- Public
Building Details
- Year built
- 1908
- Floors in Building
- 2
- Number of units
- 2
- Building materials
- AluminumSiding
- Roof type
- Composition
- Architectural style
- Other
Listing agent Joseph Bondi License #RS171812L (814) 450-8887
Listing office RE/MAX Real Estate Group Erie 2701 Evanston Ave, Erie, PA (814) 833-9801
Listing date Jun 16, 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.
HighLights
- Two‑unit flat with 4 bedrooms listed across the property’s rooms
- Year built 1908 with aluminum siding and a composition roof
- Heating includes forced air with natural gas; cooling via window unit(s)
- Public water and public sewer
- Detached 3‑car garage plus garage parking
- Separate utilities and in‑unit laundry with washers and dryers included (2nd floor refrigerator excluded)
Overview
The property is located at 3521 Washington Avenue in Erie, PA 16508, on a small lot. Public remarks indicate it sits within a primarily single-family neighborhood and is convenient to area amenities.
With two separate apartments, the layout can fit owner-occupants or investors seeking a manageable multi-family structure. The combination of updated mechanicals, in-unit laundry, and a detached three-car garage adds practical utility for day-to-day needs and resident parking/storage. Separate utilities can also simplify operations by reducing shared-bill complexity.
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 | $17.9k | $10.20 |
| − Vacancy | −$678 | −$0.39 |
| EGI | $17.2k | $9.81 |
| − OpEx | −$5.2k | −$2.94 |
| NOI | $12.0k | $6.87 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Erie
- County
- Erie
- State
- Pennsylvania
- Longitude
- -80.099029
- Latitude
- 42.092748
