Lot - in Erie, PA (7 parcels)
Vacant Land
Appreciation-focused · No monthly income

Lot - in Erie, PA (7 parcels)

612 E 4th St, Erie, PA 16507

Investment Summary

Investor Entry Price

$83,520

10% below market

Status

Active · Open for Investment

5-Year Carrying Reserve

$700

taxes & dues prepaid at offering

Holding Strategy

Long-Term

Held indefinitely

Why Investors Trust This Property

Independent Equityn Value Review

Every property is formally appraised by an independent, third-party appraisal company every 5 years. This is the official reference value behind equity distributions — never a number we set ourselves.

Transparent Interim Estimates

Between formal reviews, we publish a clearly-labeled automated market estimate so you always know how value is trending.

Real, Owned Real Estate

Your shares represent fractional ownership in a real, titled property held for the long term — not a speculative paper instrument.

Carrying Costs Prepaid

This is a vacant lot with no rental income. 5 years of carrying costs (property taxes and POA/HOA dues) are prepaid into the offering, so there are no surprise cash calls while you hold. Your return comes from land appreciation.

About This Property

Smart Prop Services PNs: 14-010-021.0-127.00, 18-050-006.0-211.00, 18-050-022.0-123.00, 18-051-025.0-202.00, 18-051-025.0-222.00, 18-051-025.0-227.00, 18-051-024.0-221.00

Property Details

CountyErie County
Parcel #14-010-021.0-127.00
Annual Taxes$140
Market Price$92,800
Investor Price (90%)$83,520
Lot SizeNA

Investment Overview

Market Price$92,800
Investor Price$83,520
Share Price$1.00
Land Value$83,520
+ 5-Year Carrying Reserve$700
= Total Offering$84,220

The reserve prepays 5 years of property taxes & POA/HOA dues so the lot carries itself with no cash calls.

Total Shares84,220
Shares Funded15,869
Available68,351
18.8% Funded

Investment Calculator

Shares You Get100
Total Cost$100.00
Ownership0.119%

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Exit On Your Terms

This is a long-term hold, but you're never locked in. Request to sell your shares on the marketplace or ask Equityn to buy them back.

Key Information

$1 minimum investment per share
5 years of carrying costs prepaid — no cash calls
Long-term hold — no forced sale date
Independent value review every 5 years
Share trading unlocks after 50% funded
Exit anytime by requesting a sale or buyback (subject to review)