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

829-833 ELMWOOD ST

STATE COLLEGE, PA 16801

PRICE: $529,000

Active | MLS# pace2515936

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


StyleTraditional
Year Built1880
SubdivisionLEMONT
School DistrictSTATE COLLEGE AREA
CountyCENTRE
MunicipalityCOLLEGE TWP
HeatBaseboard - Hot Water
A/CNone
Fireplaces1
FuelNatural Gas
SewerPublic Sewer
Total Taxes$4688.34

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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
RoomsMainUpperLowerBsmt.
Subdivision LEMONT
Association Fee $
Cap Fee $
Zoning V
Property Code 0
Possession Settlement
Assessed Value