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Financial
Distress signals
Property profile

51 E Main St North East, PA 16428

FOR SALE
Residential income homes
Property ID
US73-5835983
6,316 SF 0.55 ac lot Built 1890
Last sale Feb 2021 · $340,000
Individually Owned Owner of record is an individual. 5-yr Hold Held for 5 years. Absentee Owner Owner mailing address differs from the property address. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

The property is a former inn estate in North East, Pennsylvania, consisting of two historical buildings constructed in 1832. The complex is located in the North East area within walking distance of restaurants and shopping, with Freeport Beach and the North East marina located a short distance away. The buildings provide 10 beds and 8.5 bathrooms, with many accommodations configured as private suites. Interior features include a spacious kitchen with an attached sunroom suitable for meal…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2023

What does the county charge?
$6k
Tax billed · 2023
Assessed value · 2024$218k
Assessed land$60k
Assessed improvement$157k
Effective rate2.63%

Value estimate

· Oct 2026
$270k
$243k – $297k
AI approach$270k
NOI build-up
Gross scheduled income$110k
Vacancy & credit loss−$61k
Operating expenses−$26k
NOI · 3.04% cap applied$24k

Realmo valuation models over county records and 4 qualifying comparable sales.

Recently sold

What actually traded nearby?
$88/SF
County average, outlier-cleaned · 105 recorded sales of this use type
Observed band · Q1–Q3$41 – $167
Qualifying comparables4

Cap rate analysis

How does the asset earn?
3.04%
$24k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
C1
JurisdictionERIE

Location intelligence

Which uses thrive at this corner?
Best fit: Realty agency
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Realty agency16.5
Building Supply11.2
Electrical Service10.1

Location

51 E Main St North East, PA 16428
County assessor Recorded deeds · 5 transfers 4 qualifying comp sales Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

1 recorded sale · 6 properties nearby
Recent sales nearby
1 recorded sale in this ZIP, last 8 years
Address Sale price Sold Size
75 Clinton, North East, PA 16428-1121 $237,000 May 2024 6,428 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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