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Listed by Jake Scheloske Agresti Real Estate
$649,900
Est. payment /mo
5,686 SqFt
UPDATED:
Key Details
Property Type Vacant Land
Sub Type Residential
Listing Status Active
Purchase Type For Sale
Square Footage 5,686 sqft
Price per Sqft $114
MLS Listing ID 188295
HOA Y/N No
Annual Tax Amount $8,650
Tax Year 2025
Lot Size 1.305 Acres
Acres 1.305
Property Sub-Type Residential
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
Fireplace No
Exterior
Water Access Desc Public
Building
Lot Description Corner Lot, Level
Sewer Public Sewer
Water Public
Schools
School District General Mclane
Others
Tax ID 11-008-032.3-011.00
Virtual Tour https://my.matterport.com/show/?m=LJjh8W6qoCP
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