940-946 SOUTHGATE DR

STATE COLLEGE, PA 16801

PRICE: $649,000

Pending | MLS# pace2511872

beds

3300 sq ft

0.37 Acres

The Details

Fantastic Investment Opportunity for those looking to expand their portfolio! This fully rented Quadruplex is ideally situated in the heart of State College Borough, a highly sought-after area, close to Orchard Park, the YMCA, shopping, and a variety of dining options. Each of the four units offers 2 bedrooms, a full bathroom, a fully equipped kitchen with included appliances, and a laundry room complete with a stackable washer and dryer. Rental details include: Unit 940 rents for $1,200/month, Unit 942 rents for $1,200/month, Unit 944 rents for $925/month, and Unit 946 rents for $1,200/month, with all leases secured through July 29, 2025. Tenants are responsible for electric and cable/internet, with each unit featuring electric baseboard heat. Plenty of off street parking available for tenants. Located just 3 miles from Penn State University, this property presents an excellent opportunity in a prime location!

Property Overview

Style	Other
Year Built	1980
Subdivision	STATE COLLEGE BORO
School District	STATE COLLEGE AREA
County	CENTRE
Municipality	STATE COLLEGE BORO
Heat	Baseboard - Electric

A/C	Wall Unit
Fireplaces
Fuel	Electric
Sewer	Public Sewer

Total Taxes

$6228.9

Home Overview
Home Specs
Neighborhood

Property Price

Percent
Down

Amount
Down$

Mortgage
Amount$

15-Year Fixed

30-Year Fixed

Interest Rate

Annual Taxes$

Annual Insurance$

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Monthly Payment

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*All fees are for estimate purposes only.

Satellite View

Directions: Blue Course Drive to Southgate Drive

Sq. Footages
Above Grade Finished Sq. Ft.
Above Grade Unfinished Sq. Ft.
Below Grade Finished Sq. Ft.
Below Grade Unfinished Sq. Ft.
Total Finished Sq. Ft.	3300

Rooms	Main	Upper	Lower	Bsmt.

Subdivision STATE COLLEGE BORO

Association Fee $

Cap Fee $

Zoning R3B

Property Code 0

Possession Settlement

Assessed Value

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