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Home   Real Estate   Erie Area   Condos, Townhouses & Apts for Sale   2 BR -

1401 State Street, Erie PA 16501

Mercantile Building Condo

Posted on Oodle - Over 4 weeks ago
BR/BA:
2 BR
Property Type:
Condos, Townhouses & Apts for Sale
Sq feet:
1,219 Sq. Feet
Location:
Erie, PA
Amenities:
Parking, Storage, View, Washer Dryer

1401 State Street, Erie Description

Unique 4th & 5th Floor Lofts
Located at the
Mercantile Building
1401 State Street


Fabulous Lofts with Open Floorplan, Great View and Abundant Natural Lighting in the Heart of Downtown.
Each unit features oversized windows, high ceilings, full kitchen appliances (GE)


$8,000 Tax Credit for Qualified Buyers

http://www.federalhousingtaxcredit.com/2009/home2.html

National City - NChamp Program - Offering Rates 1.5% BELOW current Mortgage Rates for Buyers.
(currently 3.25 fixed rate for 30 years - No Points - Subject to change)

Contact Bonnie Crisman (loan officer) for more information
814-871-1459

10 Year Tax Abatements on Building started in 2007

Free Onsite parking - Each loft will have a reserved parking space on-site.

Low Taxes - Property tax abatement 's available

Washer-Dryer Hookups in Every Unit

Handicap Accessibility - In addition to 2 units being designed to ADA standards, every unit in this project is "visitable ". This means that every unit 's bathroom and living areas will accommodate a person in a wheelchair. Any unit can be modified slightly to meet full ADA standards as necessary.

Basement storage - Each loft unit will have a storage unit in the basement. If you are someone with a special hobby that requires some extra space (or simply a "saver " of all things), you can purchase walled, private, locked rooms for as little as $25 per square foot. (Yes, you can live in a loft and still have your basement).

Community room

1st Floor Bicycle Storage


Lofts still available (Subject Offer Pending)

Fourth Floor

#401 - 2BR - 1493sf - $176,870 -
#402 - 2BR - 1219sf - $142,870
#404 - 2BR - 1311sf - $140,870


contact
Joshua Hensler
412.231.4444
hensler@frd.us.com

or

Rich Bertges
814.453.4505
rbertges@redeveloperie.com

BE ONE OF THE FIRST TO TAKE ADVANTAGE OF THIS EXCITING OPPORTUNITY POSITIONED AS THE CORNERSTONE PROJECT OF THE DOWNTOWN ERIE DEVELOPMENT.


Building and Project Background:

The 49,000 square foot building 's mass and construction is impressive. The site was initially developed as a Mercantile Center around 1915. The building was utilized by various furniture and appliance retailers, printing shops, retail sales, and light industrial activities.

Over the past 2 years the Erie Redevelopment Authority and Murphy, Weber, Fox, Inc have partnered to transform this once blighted landmark into a modern mixed-use building in the heart of downtown Erie.
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This Condo located at 1401 State Street, Erie PA 16501 is currently for sale and was listed Over 4 weeks ago. 1401 State Street is in Erie, PA. See other Condos near 1401 State Street or other Erie Real Estate