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#181424, Listing Office: Agresti Real Estate
$7,719
closing credit¹
3806 W Ridge Rd Millcreek, PA 16506
$650,000 List price
$7,719
Closing credit¹
7,549 sqft
0.5 acres
$86 / sqft
Multi-Family
Property details
About 3806 W Ridge Rd
Discover a lucrative investment opportunity at 3806 W Ridge Rd, Erie, PA – an exquisite triple-net property boasting long-term tenants and an outstanding cap rate! This strategically positioned asset features both a national and a thriving local tenant, ensuring a diverse and robust income stream. The success stories of both businesses are woven into the fabric of this property, and with long-term leases securely in place, the future looks exceptionally promising. This is not just a property; it's a strategic addition to your investment portfolio. Seize the chance to effortlessly grow your wealth. There's nothing for you to do here except watch the rents roll in. Please note that no businesses are included in the sale. Don't miss out on this gem of an investment; act now and secure your financial future!
Highlights
Home typeMulti Family
StatusActive
Size7,549 sqft
Lot size0.539 Acres
Year built1963
ParkingSee Remarks
MLS #155349
Summary
- MLS Number: 155349
- MLS Name: EriePA
- Office Name: Keller Williams Realty
Copyright © 2025 Greater Erie Board of REALTORS®, Inc. Information deemed reliable but not guaranteed. IDX information is provided exclusively for consumers personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 2/9/2025, 2:15:58 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$650,000
3806 W Ridge Rd
$7,719
closing credit¹
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0.5% sale price²
Price information
Property sales
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Tax history
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Nearby schools
6
Grandview Elementary School
Public District KG-5
1.5 mi
•4301 Lancaster Rd
4
Montessori Regional Charter School
Public Charter KG-6
2.1 mi
•2549 W 8th St
6
Tracy Elementary School
Public District KG-5
2.2 mi
•2624 W 6th St
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $75,909. Most Millcreek, PA residents have annual incomes between $35k-100k. The majority of families are married, no kids. The most common level of education of people living in this area is post secondary degree.
How much money do the neighbors make?
24%
<35k
42%
35k-100k
32%
100k-200k
2%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
What types of families live nearby?
35%
Single, No Kids
7%
Single, with Kids
39%
Married, No Kids
19%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
13%
<11 yrs old
7%
12-17 yrs old
15%
18-34 yrs old
44%
35-64 yrs old
21%
65+ yrs old
What do the neighbors do for fun?
Horse Races
Hiking/backpacking
College Basketball
Where do the neighbors shop?
Stein Mart
Nordstrom Rack
Dillards
Where do the neighbors go to eat?
LongHorn Steakhouse
Chipotle
Logan's Roadhouse
What do the neighbors drive?
Buick
Mazda
Hyundai
What do the neighbors listen to?
Contemporary Inspirational
Rock
Classical
All data provided by Home Junction and Claritas
Similar homes for sale
This home is located at 3806 W Ridge Rd in Millcreek, PA and zip code 16506. This 7,549 square foot home, which was built in 1963, sits on a 0.54 acre lot. Features: 0 bathroom. It has been listed on Rocket Homes since January 22, 2025 and is currently priced at $650,000.
In January 2025 more than 15 listings in Millcreek, PA were sold above the asking price. During the same period more than 11 listings were sold at asking price, while more than 36 were sold below. In January 2025 in Millcreek, PA there were 11.7% less homes for sale than in December. In January 2025 median list price was $170,096 and the average listing age was 27 days.
From Rocket Homes Real Estate and based on county public records data.