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SASSAFRAS Street
Erie, PA 16507
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Estimate your monthly payment and PA transfer tax for this home.
Estimated monthly payment
$3,710/mo
- Principal & interest$3,287
- Property tax$323
- Home insurance (est.)$100
- Down payment$130,000
PA realty transfer tax (1% state + 1% local)
$13,000
- Customary buyer half$6,500
- Customary seller half$6,500
Estimates only — rates, taxes, and insurance vary. Local transfer tax differs by municipality; ask John to confirm for this property.
$650,000
Basic Information
- Property Type: Land
- Year Built: N/A
- Lot Size: 1.075 Acres
- Parking: N/A spaces
Interior Details
- Total Rooms: N/A
- Basement: No
- Cooling: N/A
- Heating: N/A
Description
Rare opportunity to acquire four vacant residential development parcels located on the west side of Sassafras Street between West Front Street and Short Street in the rapidly evolving Erie Bayfront district. The offering includes three contiguous lots totaling approximately 12,807 SF and an additional 3,403 SF corner lot, providing flexible development potential for investors, builders, or future homeowner. Positioned adjacent to the Bayfront, these parcels benefit from immediate proximity to waterfront amenities, parks, & marina access. Located in the Waterfront Residential (WR) zoning district, which allows a variety of residential uses including single-family homes, duplexes, and multifamily development, creating an excellent opportunity for developers seeking to capitalize on the area's strong housing demand and waterfront lifestyle. Also includes 17-040-043.0-202.00 & 17-040-043.0-101.00
Facts & Features
Listing Agent
Garrett Shames
gshames@managedbygmc.com
Courtesy of GEBOR