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

820 S PUGH ST

STATE COLLEGE, PA 16801

PRICE: $1,250,000

Active | MLS# pace2519916

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


StyleCape Cod
Year Built1940
SubdivisionSTATE COLLEGE BORO
School DistrictSTATE COLLEGE AREA
CountyCENTRE
MunicipalitySTATE COLLEGE BORO
HeatForced Air
A/CNone
FuelNatural Gas
SewerPublic Sewer
Garage Stalls2
Driveway8
Exterior Features Sidewalks
Total Taxes$6430

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*All fees are for estimate purposes only.

Satellite View

Directions: S Atherton to Pugh. Or Easterly to S Pugh.

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