829-833 ELMWOOD ST

STATE COLLEGE, PA 16801

PRICE: $489,000

Active | MLS# pace2515936

beds

3996 sq ft

0.34 Acres

The Details

FOUR (4) UNIT INVESTMENT PROPERTY near Penn State University, the Village of Lemont, and downtown State College. Ideal for investors or an owner-occupant seeking affordable living — live in one unit and lease the other three. Situated on a 0.34-acre lot, the property includes two duplex-style buildings: Units 829 Suite A and Suite B are charming one-bedroom apartments, 831 is a meticulously kept two-story, two-bedroom apartment, and 833 is a large one-bedroom apartment with a formal living room, fireplace, a sunroom, and a porch. All units are leased through 2026. With some renovation, an older attached garage offers potential for added storage or another income stream. With strong rental demand and room for future rent increases, this property presents an excellent long-term investment. 24 Hour Notice Required so schedule your showing today!

Property Overview

Style	Traditional
Year Built	1880
Subdivision	LEMONT
School District	STATE COLLEGE AREA
County	CENTRE
Municipality	COLLEGE TWP
Heat	Baseboard - Hot Water

A/C	None
Fireplaces	1
Fuel	Natural Gas
Sewer	Public Sewer

Total Taxes

$4688.34

Home Overview
Home Specs
Neighborhood

Property Price

Percent
Down

Amount
Down$

Mortgage
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15-Year Fixed

30-Year Fixed

Interest Rate

Annual Taxes$

Annual Insurance$

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*All fees are for estimate purposes only.

Satellite View

Directions: East College Ave to Pike Street. Make a right onto Elmwood St at stop light. Property on the right.

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.	2981

Rooms	Main	Upper	Lower	Bsmt.

Subdivision LEMONT

Association Fee $

Cap Fee $

Zoning V

Property Code 0

Possession Settlement

Assessed Value

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