SQUARE FEET2,813
MLS#PACE2519844
STATUSACTIVE
PROPERTY TYPEMulti Unit - Multiple
SUBDIVISIONSTATE COLLEGE BORO
SCHOOLSTATE COLLEGE AREA
Property Description
Turnkey student rental investment steps from Penn State University. R3H-zoned 3-unit home rented under a single lease, currently 5 bedrooms/3 full baths/3 kitchens, presently occupied by 8 with permits on file for up to 13 — offering built-in upside for a new owner. Zero vacancy history; same tenant group (Penn State Snowboard Club) in place 4 years running, with plans to continue occupancy and they expect annual rent increases. Recent updates include remodeled kitchens and bathrooms, new deck, and all-new water heaters. Excellent opportunity for investors seeking a stabilized, income-producing property in a high-demand rental market. Permits, rent roll, and financials available upon request. Cash flow and cap rate details provided to qualified buyers.
Property Features
Property Type: Multi Unit - Multiple
Basement: Connecting Stairway, Outside Entrance
Basement: Yes
Cooling: None
Fuel Type: Natural Gas
Garage: 1
Heating: Forced Air
Home Style: Cape Cod
Lot Size: 0.19 Acres
Roof Type: Shingle
Taxes: $6,430
Year Built: 1940
Feature Descriptions
Additional Structures: Above Grade, Below Grade
Appliances: Dryer, Refrigerator, Washer
Exterior: Sidewalks
Exterior: Aluminum Siding, Stick Built
Flooring: Hardwood
Interior: Wood Floors
Location: Downtown
Lot Dimensions: 0.19 Acre(S)
Municipality: STATE COLLEGE BORO
One Bedroom Units: 1
Parking Notes: Asphalt Driveway, Paved Driveway
Sewer: Public Sewer
Structure Type: Detached
Total Garage/Parking Spaces: 1
Two Bedroom Units: 2
Units: 1
Water: Public
Local Schools
School District: STATE COLLEGE AREA
Listed By / Shown By
Listed By
Agency Name: Kissinger, Bigatel & Brower
Agency Phone: 8142344000
Shown By
Agent Name: Christopher Wenzel
Agent Phone: (717) 451-0909
Agency Title: Berkshire Hathaway HomeServices Homesale Realty
First AmericanEstimate Your Payment
Estimated Payment
$ 3,934.10 per month $3,004.51 Principal & Interest $535.83 Property Tax $393.75 Homeowner's Insurance
Corporate Office - 215 S Centerville Rd. Lancaster, PA 17603
820 S Pugh Street | MLS# PACE2519844
This multi-family property located at 820 S Pugh Street , State College, PA 16801 is currently listed for sale with an asking price of $1,350,000. S Pugh Street is located within the STATE COLLEGE AREA school district. Search State College real estate on christopherwenzel.homesale.com today.