416-438 HILLCREST DR Active

Edinboro,PA 16412

$ 649900

36 Beds

- Bath

12960 SqFt


Key Details

Property Type Multi-Family

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

Square Footage 12,960 sqft

Price per Sqft $50

MLS Listing ID 188418

Style Two Story

Bedrooms 36

Year Built 2007

Annual Tax Amount $8,650

Tax Year 2025

Lot Size 1.305 Acres

Property Sub-Type Multi Family

Property Description

Discover the perfect canvas for your next development near Edinboro University! This exceptional 1.3+ acre parcel, just steps from campus, offers a rare blend of existing income and future opportunity. The property features two fully finished 2-bedroom, 1.5-bath condos (valued at $225,000 each) plus additional R-4 zoned land ideal for expansion. With infrastructure already in place—including full utilities, stormwater management, and a retention basin—the site is primed for further development. The current condo association allows for up to 10 additional units, or the association can be dissolved to pursue new layouts such as townhomes, duplexes, triplexes, or larger multi-unit buildings. Public water, sewer, gas, electric, and Armstrong connections are available at the road. Whether you continue the existing condo project or design a custom residential community, this property offers unmatched flexibility, strong rental potential, & a premium location minutes from Edinboro University.

Location

State PA

County Erie

Area 11 - Edin/Frkln Twp/Mckean Twp & Boro/Wash Twp

Interior

Heating Forced Air,Gas

Cooling Central Air

Exterior

Garage Spaces 12.0

Garage Description 12.0

Roof Type Composition

Building

Lot Description Corner Lot

Sewer Public Sewer

Water Public

Schools

School District General Mclane

Others

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