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State College,PA 16801
Key Details
Property Type Multi-Family
Sub Type Detached
Listing Status Active
Purchase Type For Sale
Square Footage 2,981 sqft
Price per Sqft $182
Subdivision Lemont
MLS Listing ID PACE2515936
Style Traditional
Abv Grd Liv Area 2,775
Year Built 1880
Annual Tax Amount $4,688
Tax Year 2025
Lot Size 0.340 Acres
Acres 0.34
Lot Dimensions 0.00 x 0.00
Property Sub-Type Detached
Source BRIGHT
Property Description
FOUR (4) UNIT INVESTMENT PROPERTY near Penn State University, the Village of Lemont, and downtown State College. Ideal for investors or an owner-occupant seeking affordable living — live in one unit and lease the other three. Situated on a 0.34-acre lot, the property includes two duplex-style buildings: Units 829 Suite A and Suite B are charming one-bedroom apartments, 831 is a meticulously kept two-story, two-bedroom apartment, and 833 is a large one-bedroom apartment with a formal living room, fireplace, a sunroom, and a porch. All units are leased through 2026. With some renovation, an older attached garage offers potential for added storage or another income stream. With strong rental demand and room for future rent increases, this property presents an excellent long-term investment. 24 Hour Notice Required so schedule your showing today!
Location
State PA
County Centre
Area College Twp (16419)
Zoning V
Rooms
Basement Full,Interior Access,Outside Entrance,Partially Finished
Interior
Interior Features Built-Ins
Hot Water Electric
Heating Baseboard - Hot Water
Cooling None
Flooring Hardwood,Luxury Vinyl Plank,Vinyl
Fireplaces Number 1
Inclusions Kitchen appliances
Equipment Dishwasher,Dryer - Electric,Oven/Range - Electric,Refrigerator,Washer
Fireplace Y
Window Features Double Hung,Storm,Vinyl Clad,Wood Frame
Appliance Dishwasher,Dryer - Electric,Oven/Range - Electric,Refrigerator,Washer
Heat Source Natural Gas
Exterior
Exterior Feature Deck(s),Porch(es)
Garage Spaces 4.0
Water Access N
Roof Type Architectural Shingle,Metal
Street Surface Paved
Accessibility None
Porch Deck(s),Porch(es)
Road Frontage Boro/Township
Total Parking Spaces 4
Garage N
Building
Lot Description Rear Yard
Foundation Block,Stone
Sewer Public Sewer
Water Public
Architectural Style Traditional
Additional Building Above Grade,Below Grade
Structure Type Dry Wall,Paneled Walls,Plaster Walls
New Construction N
Schools
School District State College Area
Others
Tax ID 19-014-,010C,0000-
Ownership Fee Simple
SqFt Source Estimated
Security Features Carbon Monoxide Detector(s),Smoke Detector
Acceptable Financing Bank Portfolio,Cash,Conventional
Listing Terms Bank Portfolio,Cash,Conventional
Financing Bank Portfolio,Cash,Conventional
Special Listing Condition Standard