$1,055,000
$1,200,000
12.1%For more information regarding the value of a property, please contact us for a free consultation.
5,625 SqFt
SOLD DATE : 05/30/2024
Key Details
Sold Price $1,055,000
Property Type Commercial
Sub Type Five Or More Units
Listing Status Sold
Purchase Type For Sale
Square Footage 5,625 sqft
Price per Sqft $187
Subdivision State College Boro
MLS Listing ID PACE2509758
Sold Date 05/30/24
Originating Board BRIGHT
Year Built 1920
Annual Tax Amount $8,769
Tax Year 2024
Lot Size 0.350 Acres
Acres 0.35
Property Description
Calling All Investors! Discover an exceptional opportunity with this 8-unit student rental property in the State College Boro. Located conveniently in downtown State College and near Penn State University, this property features a mix of units including one 3-bedroom unit, seven 1-bedroom units. Tenants can take advantage of off-street parking with the 24-space parking lot. Financial information is available upon request. Don't miss out on adding this unique property to your portfolio!
Location
State PA
County Centre
Area State College Boro (16436)
Zoning COMMERCIAL
Interior
Hot Water Natural Gas
Heating Hot Water
Cooling None
Heat Source Natural Gas
Exterior
Garage Spaces 24.0
Waterfront N
Water Access N
Roof Type Shingle
Street Surface Paved
Accessibility None
Parking Type Parking Lot
Total Parking Spaces 24
Garage N
Building
Sewer Public Sewer
Water Public
New Construction N
Schools
School District State College Area
Others
Tax ID 36-013-,393-,0000-
Ownership Fee Simple
SqFt Source Estimated
Special Listing Condition Standard
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Bought with Eric Hurvitz • RE/MAX Centre Realty
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "