$749,900
3216 Bu••••• Rd (Sign up for 50 free credits to unlock)Erie, PA 16510
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
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
| Date | Event | Price | $/Sq Ft |
|---|---|---|---|
| Aug 29, 2026 | Price Changed | $749,900 | $102 |
| Jul 16, 2026 | Listed | $899,900 | $122 |
| May 9, 2016 | Sold | $299,145 | $87 |
| May 27, 1981 | Sold | $89,750 | $26 |
Property Tax History
| Year | Tax | Assessed | Land | Building | Market |
|---|---|---|---|---|---|
| 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
- Iroquois Junior-Senior High School0.7 mi
Public · Middle, High · Grades 7-12
- Iroquois Elementary School0.9 mi
Public · Elementary · Grades K-6
- St James Elementary School0.4 mi
Private · Elementary, Middle · Grades K-8
Comparable Homes Nearby
9 bd · 5 ba · 4,598 sqft
4142 Pi••••• Ave, 16504For Sale · 2.7 mi away0 bd · - ba · 4,479 sqft
4025 Pi••••• Ave, 16504For Sale · 2.7 mi away47 bd · 17 ba · - sqft
252 W••••• 21st St, 16502For Sale · 3.9 mi away6 bd · 2 ba · 1,981 sqft
2113 St••••• Rd, 16510For Sale · 0.2 mi away4 bd · 6 ba · 11,000 sqft
3207 Bu••••• Rd, 16510For Sale · 0.1 mi away3 bd · 2 ba · 1,637 sqft
2103 St••••• Rd, 16510For Sale · 0.2 mi away10 bd · 4 ba · 6,029 sqft
2 W••••• 26th St, 16508For Sale · 3.6 mi away3 bd · 3 ba · 2,292 sqft
443 E••••• 27th St, 16504For Sale · 3.0 mi awayLocation
Lat 42.14065 · Lng -80.01521