$749,900

For sale

3216 Bu••••• Rd (Sign up for 50 free credits to unlock)Erie, PA 16510

18Beds
3Baths
7,354Sq Ft Living
53,579Sq Ft Lot
1900Year Built

Property Description

Mobile home park and rooming house investment opportunity on 1.23 acres, offering multiple income streams and strong value-add potential. The property includes 18 mobile home pads, 10 rental rooms, and 1 apartment, creating a diverse tenant mix and solid occupancy. This asset offers immediate cash flow with room for future income growth through operational improvements and rent increases. The newer 24' x 48' x 12' garage provides additional utility and may be ideal for a small business, vehicle storage, or equipment use. Off-street parking adds convenience and functionality. Conveniently located near major roadways and area amenities, this is a rare opportunity to acquire a mixed-use residential investment with strong returns and long-term upside.

Property Facts & Features

Property Type
Multi Family
Status
Active
Listed
Jul 16, 2026
Price per Sq Ft
$102/sqft
ZIP Code
16510
Full Baths
3
Garage
2 spaces
Parking
2
Heating
ForcedAir, Gas
Construction
Mixed
Property Tax (2026)
$10,084/yr
Assessed Value
$284,900
County
Erie
School District
Iroquois School District

Estimated Value

$891,000Range $516,797 to $1,015,700

Automated estimate. Not an appraisal.

Features & Amenities

Bedrooms

  • Bedrooms: 18

Bathrooms

  • Full Bathrooms: 3

Land Info

  • Lot Description: IrregularLot
  • Lot Size Acres: 1.23
  • Lot Size Dimensions: 0x0x0x0
  • Lot Size Square Feet: 53579

Utilities

  • Sewer: PublicSewer
  • Water Source: Public

Rental Info

  • Security Deposit: 20000

Multi-Unit Info

  • Number of Units In Community: 28
  • Number of Units: 1
  • Total Bathrooms in Unit-1: 3
  • Full Bathrooms in Unit-1: 3

Garage and Parking

  • Garage Spaces: 2

School Information

  • Elementary School District: City-Erie
  • High School District: City-Erie
  • Middle or Junior School District: City-Erie

Heating and Cooling

  • Heating Features: ForcedAir, Gas
  • Heating: Yes

Other Property Info

  • Annual Tax Amount: 13887
  • Source Listing Status: Active
  • County: Erie
  • Directions: Located north of Buffalo Rd, just west of Station Road in Wesleyville, behind Curry Optical on Wesley Ave., with access from Buffalo Rd or Wesley Ave
  • Tax Year: 2026
  • Insurance Expense: 4500
  • Area: 15 - Harborcrk/Wesleyvill/Law Pk
  • Source Neighborhood: 15 - Harborcrk/Wesleyvill/Law Pk
  • Parcel Number: 50-001-013.0-001.00
  • Postal City: Erie
  • Township: Erie
  • Zoning Description: C
  • Property Subtype: MultiFamily

Homeowners Association

  • Maintenance Expense: 5000

Building and Construction

  • Total Square Feet Living: 7354
  • Year Built: 1900
  • Building Area Total: 7354
  • Construction Materials: Mixed
  • Living Area Source: Assessor
  • Property Age: 126
  • Property Condition: Resale
  • Roof: Asphalt

Exterior and Lot Features

  • Road Surface Type: Paved

Price & Event History

DateEventPrice$/Sq Ft
Aug 29, 2026Price Changed$749,900$102
Jul 16, 2026Listed$899,900$122
May 9, 2016Sold$299,145$87
May 27, 1981Sold$89,750$26

Property Tax History

YearTaxAssessedLandBuildingMarket
2026$10,084$284,900$87,100$197,800$284,900
2024$12,575$284,900$87,100$197,800$284,900
2023$11,535$284,900$87,100$197,800$284,900
2022$10,787$284,900$87,100$197,800$284,900
2021$10,502$284,900$87,100$197,800$284,900
2020$10,180$284,900$87,100$197,800$284,900
2019$10,085$284,900$87,100$197,800$284,900
2018$9,777$284,900$87,100$197,800$284,900
2017$9,552$284,900$87,100$197,800$284,900
2016$9,032$277,500$87,100$190,400$277,500
2015$8,816$277,500$87,100$190,400$277,500
2014$8,652$277,500$87,100$190,400$277,500

Nearby Schools

  • 6/10
    Iroquois Junior-Senior High School

    Public · Middle, High · Grades 7-12

    0.7 mi
  • 7/10
    Iroquois Elementary School

    Public · Elementary · Grades K-6

    0.9 mi
  • NR
    St James Elementary School

    Private · Elementary, Middle · Grades K-8

    0.4 mi

Location

Lat 42.14065 · Lng -80.01521