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5 W Pearl St, Albion, PA, 16401

3beds
2baths
2,058sqft
$159,000
$77price/sqft
$1,319/moest. monthly cost
$52,760/yrincome needed

About This Home

Live in one unit, help pay your mortgage payments with rent from the other unit. Rents are below current market rents. Updated and remodeled in the last 4 years. 2 unit currently 100% occupied by long term tenants. Unit #7 is a single story, well maintained 1 bdrm with kitchen appliances and stackable washer dryer. Many windows replaced in this unit. Large sunroom facing yard. Unit #5 unit is a 2 story 2 bdrm with kitchen appliances and washer dryer. There is a fireplace in this unit but has been disabled by seller. This unit has access to garage and basement. Large yard and off street parking for both units. Metal roof. Also listed as residential MLS#191739.

Getting Around

33
WalkingCar-Dependent
0
TransitVery Limited Transit
40
BikeSomewhat Bikeable

Schools

7/10
Northwestern El SchoolGrades K-50.9 mi
7/10
6/10

Construction

Condition

  • Property condition: Resale
  • Year built: 1910

Materials

  • Roof: Metal
  • Construction materials: Frame

Type & Style

  • Home type: MultiFamily
  • Architectural style: Duplex
  • Property subType: Duplex,Multi Family,Multi Family

Interior

Bedrooms & Bathrooms

  • Bedrooms: 3
  • Bathrooms: 2

Heating & Cooling

  • Heating features: Forced Air,Gas
  • Cooling features: None

Interior Area

  • Total structure area: 2,058
  • Total interior livable area: 2,058 sqft

Property

Details

  • Parcel number: 01001014.0009.00
  • Zoning description: R-1

Lot

  • Features: Corner Lot
  • Lot size dimensions: 100 x 100 x 0 x 0

Parking

  • Total spaces: 2
  • Parking features: Attached
  • Has garage: Yes
  • Attached garage spaces: 2
  • Covered spaces: 2

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Lightning
    LightningModerate
  • Winter Weather
    Winter WeatherModerate
  • Tsunami
    TsunamiInsufficient Data

How This Home’s Risks Compare

Lightning
Winter Weather
Tsunami

FEMA Declared Disasters Across Pennsylvania Counties

Flood
Tropical Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $803$9,636
Home Insurance *$90$1,080
Property Taxes $201$2,412
Electricity $225$2,709
Total$1,319$15,828
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$45,222/yr
40% on housing$39,570/yr
45% on housing$35,173/yr

Pennsylvania FAIR Plan Programs

Insurance Placement Facility of Pennsylvania/FAIR Plan

Covered
WildfireWildfire
Add-on available
HailHail
WindWind
Visit Website →
Current Policies
Residential: 8,982Commercial: 984
Total Premiums$5.34M
Total Exposure$1.33B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 8.5%
8.5%
0%30.0%
Electricity Growth Rate10-year average: 8.4%
8.4%
0%15.0%
Property Taxes Growth Rate2-year average: -0.3%
-0.3%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$77This listing

vs Other Active Listings

Avg $/sqft

ZIP 16401$115
Erie County$115

vs Homes Sold Last Month

Median $/sqft

ZIP 16401$136
Erie County$139

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-08-05Price change$149,000
2026-07-21Price change$159,000
2026-07-02Price change$169,500
2026-05-30Listed for sale$179,900
2020-03-13Sold$43,000
2019-01-12Listing removed$79,900
2018-07-14Price change$79,900
2018-03-21Listed for sale$89,900

For Sale by Agent

AgentRebecca Hosack
BrokeragePennington Lines RE Girard

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