434 & 440 W COLLEGE AVE
STATE COLLEGE, PA 16801
PRICE: $2,990,000
Active | MLS# pace2012100
The Details
Two buildings for sale - 434 & 440 W College Ave. in Urban Village zoning district, only one block to Penn State campus. 434 - 3 story brick rooming house w/ 8 bedrooms, 3 bath, leased to 9 till Aug 2023 for $7,000/mo, $7,290 for 2023/24, permitted for 12 occupants, potential increase in revenue possible. Plus 7 parking space for $5,075/yr. #440 - a 3 unit building, modified / built in 2009, 1st floor has two units, 440A - 827 sq.ft. of commercial space, market rent $1,600/mo NNN (vacant) and #440-1 has 4 BR 1.5 Bath permitted for 5, currently rented for $3,150/mo. $3,320 for 2023/24, 2nd floor #440-2 is a 7 BR 3 Bath apartment permitted for 9, rented for $6,750/mo. $7,425 for 2023/24, 12 parking space, 10 rented for $2,550/mo. Detail info with APOD in documents.
Property Overview
| Subdivision | STATE COLLEGE BORO |
| School District | |
| County | CENTRE |
| Municipality | STATE COLLEGE BORO |
| Heat | Heat Pump(s),Hot Water |
| A/C | Window Unit(s),Central A/C |
| Fuel | Electric,Natural Gas |
| Sewer | Public Sewer |
| Total Taxes | $25678 |
Interest${{ vm.principal }}
Insurance${{ vm.pmi }}
Insurance${{ vm.taxes }}
*All fees are for estimate purposes only.
Directions: from Atherton St. to W College Ave, property on left at corner of Barnard St.
| 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. |
| Rooms | Main | Upper | Lower | Bsmt. |
|---|
| Subdivision STATE COLLEGE BORO |
| Association Fee $ |
| Cap Fee $ |
| Zoning URBAN VILLAGE |
| Possession Subject to Existing Lease |
| Assessed Value |