820 S Pugh St, State College, PA 16801
- $1,250,000
- 6
- BD
- 3
- BA
- 2,351
- SqFt
- List Price
- $1,250,000
- Price Change
- ▼ $100,000 1787865922
- Days on Market
- 54
- Status
- ACTIVE
- MLS#
- PACE2519916
- Bedrooms
- 6
- Bathrooms
- 3
- Full Baths
- 3
- Living Area
- 2,351
- Lot Size (Acres)
- 0.19
- Style
- Cape Cod
- Year Built
- 1940
- County
- Centre
- School District
- State 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.
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Additional Information
- Area
- State College Boro (16436)
- Subdivision
- State College Boro
- Taxes
- $6430
- Interior Features
- Wood Floors
- School District
- State College Area
- Flooring
- Ceramic Tile, Hardwood
- Garage
- Yes
- Garage Spaces
- 2
- Exterior Features
- Sidewalks
- Heating
- Forced Air
- Heating Fuel
- Natural Gas
- Cooling
- None
- Roof
- Shingle
- Water
- Public
- Sewer
- Public Sewer
- Room Level
- Kitchen: Main, Primary Bedroom: Main, Bedroom 2: Main, Full Bath: Main, Living Room: Main, Bedroom 3: Main, Foyer: Main, Bedroom 4: Upper 1, Bedroom 5: Upper 1, Full Bath: Upper 1, Bedroom 6: Lower 1, Kitchen: Lower 1, Family Room: Lower 1, Full Bath: Lower 1, Utility Room: Lower 1, Kitchen: Upper 1
- Basement
- Yes
Mortgage Calculator
Listing courtesy of Kissinger, Bigatel & Brower. Contact: (814) 234-4000
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