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Property profile & analytics
OFF-MARKET
Investment properties
520 6th St, Erie, PA 16507-1174
Entity Owned
2-yr Hold
~
Est. High Equity
Property ID
US73-5982437
Property profile
Verified
Property type
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Year built
1905
Construction
WOOD FRAME
Total area
12,268 SF
Lot
0.68 ac (29,812 SF)
Zoning code
R2
APN
17-040-017.0-126.00
UPID
US73-5982437
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Gannon Student Housing Apartment Building
-
Golden Knight Properties Real Estate Agency
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Albert Jarecki House LLC · 2 yrs held
Albert Jarecki House LLC
since 2024
Last sale
$65,000
7 recorded transactions
Zoning & alternative use
R2 · Erie, PA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Erie submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Erie submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$19,459
Tax year 2023
Assessed value
$511,500
Assessed 2024
Previous assessed
$511,500
+0.0% YoY
Effective rate
3.80%
On assessed value
Assessed land
$89,400
Assessed improvement
$422,100
Land market value
$89,400
Improvement market value
$422,100
Total market value
$511,500
Applied tax rate
17.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Status
Off-Market
Year built
1905
Construction
WOOD FRAME
Heating
NONE
Buildings
2
Stories
4
Total area
12,268 SF
Lot
0.68 ac (29,812 SF)
Zoning code
R2
APN
17-040-017.0-126.00
UPID
US73-5982437
Jurisdiction
ERIE
Zoning & alternative use
R2 · Erie, PA
Zoning R2 · permitted uses
R2 · Erie, PA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Erie. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1905
Construction
WOOD FRAME
Heating
NONE
Stories
4
Buildings
2
Lot
0.68 ac
Current owner
From public records · entity-resolved
Albert Jarecki House LLC
Entity
Mailing address
230 W 6TH ST, ERIE, PA 16507-1319
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
15 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 23, 2024
$900,000
Albert Jarecki House LLC
Justin S Corritore
Special Warranty Deed
—
Aug 26, 2021
$664,500
Justin S Corritore
Great Ventures LLC
Special Warranty Deed
$700,000 · Gary A Bold Etal
Feb 8, 2019
—
Great Ventures LLC
—
Deed
related
$43,000 · Northwest Bank
Jul 18, 2018
—
Great Ventures LLC
—
Grant Deed
related
$1,313,000 · Northwest Bk
May 27, 2016
—
Great Ventures LLC
—
Deed
related
$38,000 · Indiana Fed'l
Oct 5, 2015
$590,000
Great Ventures LLC
Joseph P Gamble
Deed
$472,000 · Northwest Savings Bank
Sep 10, 2010
$565,000
Joseph P Gamble
Morton,levant T
Warranty Deed
$423,750 · Northwest Savings Bank
Dec 5, 2008
$525,000
Levant T Morton
Gamble,joseph P & Debra A
Grant Deed
$540,000 · Northwest Savings Bank
Jan 20, 2005
$510,000
Joseph P Gamble
Shipton,larry & Judy A
Grant Deed
$375,000 · Interbay Funding LLC
Jul 31, 1997
$414,000
Larry Shipton
Stephens-lundquist
Grant Deed
$333,500 · National City Bank Pennsylvani
—
—
Great Ventures LLC
—
Deed Of Trust
related
$43,000 · Northwest Bk
—
—
Gamble,joseph P & Debra A
—
Deed Of Trust
related
$75,000 · Northwest Svgs Bk
—
—
Joseph P Gamble
—
Deed Of Trust
related
$375,000 · Northwest Savings Bank
—
—
Joseph P Gamble
—
Deed Of Trust
related
$500,000 · Northwest Savings Bank
—
—
Great Ventures LLC
—
Deed Of Trust
related
$38,000 · Indiana Fed'l
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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