Ryanandlinda 2024
Linda & Ryan Lowe | RE/MAX Centre Realty | 814-231-8200 Ex. 305/352

125 W PARK AVE

STATE COLLEGE, PA 16803

PRICE: $750,000

Pending | MLS# pace2513872

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


StyleOther
Year Built1926
SubdivisionCOLLEGE HEIGHTS
School DistrictSTATE COLLEGE AREA
CountyCENTRE
MunicipalitySTATE COLLEGE BORO
HeatHot Water
A/CNone
Fireplaces
FuelNatural Gas
SewerPublic Sewer
Total Taxes$5803

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*All fees are for estimate purposes only.

Satellite View

Directions: Atherton Street to Park Avenue, property is on the left across from campus.

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.3250
RoomsMainUpperLowerBsmt.
Subdivision COLLEGE HEIGHTS
Association Fee $
Cap Fee $
Zoning R2
Property Code 0
Possession Settlement
Assessed Value