820 S Pugh St,STATE COLLEGE, PA 16801
STATE COLLEGE, PA 16801
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.
Details
| MLS # | PACE2519916 |
|---|---|
| Listing Type | For Sale |
| Style | House |
| Sub-Type | Resale |
| Status | Active-bright |
| Year | 1940 |
| Days On Site | 44 |
| Listing Provided By | Kissinger, Bigatel & Brower | Ellen Kline |
Features
| Bed(s) | 6 |
|---|---|
| Bath(s) | 3 Total |
| SQ Feet | 2,813 |
| Garage | 2 |
| Basement | Y |
| Story(s) | 1 |
| Zoning | R3H |
| Acreage | 0.19 |
Interior
| Cooling | None |
|---|---|
| Heating Yes / No | Yes |
| Heating | Forced Air |
| Interior Features | Wood Floors |
| Window Features | Vinyl Clad |
| Appliances | Dryer, Refrigerator, Washer |
Exterior
| Exterior Features | Sidewalks |
|---|---|
| Roof | Shingle |
| Security Features | Smoke Detector |
| Construction Materials | Aluminum Siding, Stick Built |
| Foundation Details | Block |
Parking
| Garage Yes / No | Yes |
|---|---|
| Parking Features | Asphalt Driveway, Paved Parking |
Taxes
| Tax Annual Amount | 6430 |
|---|
Area Information
| State | PA |
|---|---|
| County | CENTRE PA |
| City | STATE COLLEGE |
| Zip Code | 16801 |
| Area | State College Boro (16436) |
| Community Name | STATE COLLEGE BORO |
| School District | STATE COLLEGE AREA |
| Listing VS Median (in STATE COLLEGE BORO) | |
Price: $1,250,000 low | high Med: $415,000 sqft: 2,813 low | high Med: 1,651 $ / sqft: $444 low | high Med: $252 On site: 44 low | high Med: 31 | |
Market Activity 16801
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Learn More About This Property
| State | PA |
|---|---|
| County | CENTRE PA |
| City | STATE COLLEGE |
| Zip Code | 16801 |
| Area | State College Boro (16436) |
| Community Name | STATE COLLEGE BORO |
| School District | STATE COLLEGE AREA |
| Listing VS Median (in STATE COLLEGE BORO) | |
Price: $1,250,000 low | high Med: $415,000 sqft: 2,813 low | high Med: 1,651 $ / sqft: $444 low | high Med: $252 On site: 44 low | high Med: 31 | |
CENTURY 21® and the CENTURY 21 Logo are registered service marks owned by Century 21 Real Estate LLC. Century 21 Real Estate LLC fully supports the principles of the Fair Housing Act and the Equal Opportunity Act. Each office is independently owned and operated. Listing information is deemed reliable but is not guaranteed accurate.
