125 W PARK AVE
STATE COLLEGE, PA 16803
PRICE: $750,000
Pending | MLS# pace2513872

beds

3250 sq ft

0.21 Acres
The Details
Welcome to this prime investment opportunity! This fully rented boarding house is conveniently located across the street from campus, offering unmatched accessibility. No student rental permit is required since the property is a boarding house, making it a hassle-free addition to your portfolio. Don't miss this rare chance to own a high-demand property in an unbeatable location! The building consists of 9 units: 1st floor - 3 bedroom, 1 bath apartment with a private bathroom and kitchen (unit 1). 2nd floor front - 2 boarding rooms (units 4&5) with a shared kitchen and bathroom. 2nd floor rear - 3 boarding rooms (units 8, 9, & 10) with a shared kitchen and bathroom. 3rd floor - 2 boarding rooms (units 6 & 7) who use a 2nd floor kitchen and bathroom). Basement - 1 bedroom, 1 bathroom apartment with a private bathroom, kitchen, and separate entrance (unit 11). Total rents $6,715/month. There are 9 parking spots that are fully rented and gross $8,260/year. APOD is available upon request. Schedule your tour today!
Property Overview
Style | Other |
Year Built | 1926 |
Subdivision | COLLEGE HEIGHTS |
School District | STATE COLLEGE AREA |
County | CENTRE |
Municipality | STATE COLLEGE BORO |
Heat | Hot Water |
A/C | None |
Fireplaces | |
Fuel | Natural Gas |
Sewer | Public Sewer |
Total Taxes | $5803 |
Interest$4333.26
Insurance$348.75
Insurance$566.92
*All fees are for estimate purposes only.
Directions: Atherton Street to Park Avenue, property is on the left across from campus.
IDX information is provided exclusively for consumers' personal, non-commercial use, it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information provided is deemed reliable but is not guaranteed accurate by the Centre County Association of REALTORS® MLS and should be independently verified. No reproduction, distribution, or transmission of the information at this site is permitted without the written permission from the Centre County Association of REALTORS®. Each office independently owned and operated.
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