820 S PUGH ST
STATE COLLEGE, PA 16801
PRICE: $1,350,000
Active | MLS# pace2519916
6 beds
3 full baths
2813 sq ft
0.19 Acres
The Details
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.
Property Overview
| Style | Cape Cod |
| Year Built | 1940 |
| Subdivision | STATE COLLEGE BORO |
| School District | STATE COLLEGE AREA |
| County | CENTRE |
| Municipality | STATE COLLEGE BORO |
| Heat | Forced Air |
| A/C | None |
| Fuel | Natural Gas |
| Sewer | Public Sewer |
| Garage Stalls | 2 |
| Driveway | 8 |
| Exterior Features | Sidewalks |
| Total Taxes | $6430 |
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*All fees are for estimate purposes only.
| Sq. Footages | |
|---|---|
| Above Grade Finished Sq. Ft. | 2351 |
| Above Grade Unfinished Sq. Ft. | |
| Below Grade Finished Sq. Ft. | 462 |
| Total Finished Sq. Ft. | 2813 |
| Rooms | Main | Upper | Lower | Bsmt. |
|---|
| Subdivision STATE COLLEGE BORO |
| Zoning R3H |
| Property Code 0 |
| Possession Settlement,Subject to Existing Lease |
| Assessed Value |
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