829-833 Elmwood St, State College, PA 16801

$469,000
2,775
SqFt

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List Price
$469,000
Price Change
▼ $10,000 1780015495
Days on Market
350
Status
ACTIVE
MLS#
PACE2515936
Living Area
2,775
Lot Size (Acres)
0.34
Style
Traditional
Year Built
1880
County
Centre
School District
State College Area

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. 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!

Additional Information

Area
College Twp (16419)
Subdivision
Lemont
Taxes
$4688.34
Interior Features
Built-Ins
School District
State College Area
Fireplaces
1
Flooring
Hardwood, Luxury Vinyl Plank, Vinyl
Heating
Baseboard - Hot Water
Heating Fuel
Natural Gas
Cooling
None
Roof
Architectural Shingle, Metal
Water
Public
Sewer
Public Sewer
Basement
Yes

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Calculator source: Real Geeks

Listing courtesy of Kissinger, Bigatel & Brower. Contact: (814) 234-4000