820 S PUGH ST, State College, PA 16801
820 S PUGH ST, State College, PA 16801
820 S PUGH ST, State College, PA 16801
820 S PUGH ST, State College, PA 16801
820 S PUGH ST, State College, PA 16801
820 S PUGH ST, State College, PA 16801
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Bree Kunzel

Bree Kunzel

+1(301) 921-6009
Listed by Ellen Kline • Kissinger, Bigatel & Brower
$ 1,250,000
Est. payment | /mo

8,276 Sqft Lot

Save
$ 1,250,000
Est. payment | /mo
Save

8,276 Sqft Lot

Key Details

Property Type Commercial

Sub Type Other

Listing Status Active

Purchase Type For Sale

Subdivision State College Boro

MLS Listing ID PACE2519900

Year Built 1940

Annual Tax Amount $6,430

Tax Year 2025

Lot Size 8,276 Sqft

Acres 0.19

Lot Dimensions 0.00 x 0.00

Property Sub-Type Other

Source BRIGHT

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.

Location

State PA

County Centre

Area State College Boro (16436)

Zoning R3H

Interior

Hot Water Electric

Heating Baseboard - Electric, Baseboard - Hot Water, Forced Air

Cooling None

Flooring Ceramic Tile, Hardwood

Inclusions 3 refridgerators, 3ranges, washer, and dryer

Heat Source Electric, Natural Gas

Exterior

Garage Spaces 8.0

Water Access N

Roof Type Shingle

Street Surface Paved

Accessibility None

Road Frontage Boro/Township

Total Parking Spaces 8

Garage N

Building

Foundation Block, Stone

Sewer Public Sewer

Water Public

New Construction N

Schools

School District State College Area

Others

Tax ID 36-018-,194-,0000-

Ownership Fee Simple

Security Features Smoke Detector

Acceptable Financing Bank Portfolio, Cash

Listing Terms Bank Portfolio, Cash

Financing Bank Portfolio,Cash

Special Listing Condition Standard

Bright MLS (BMLS)

Nearby Locations

Bree Kunzel

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(301) 921-6009

bree@luxepropertiesdmv.com

1588 Kimblewick Rd, Potomac, MD 20854, USA

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820 S PUGH ST