500 & 506 W College Ave

State College, PA 16801
  • $4,150,000

    Price
  • 0

    Bed
  • Bath
  • 12,616

    SqFt

About the Listing KSSG15 - 3347150

If location matters and income matters, this listing is for you! Three brick buildings on three adjoining parcels offer 15 rental units in walking distance to PSU campus. Rarely do these opportunities go public. Each building has 5 units with a total of 31 bedrooms and 15 baths. Always rented with rare vacancies. Buildings are in good condition with diversity of floor plans in each unit. Strong income and Net Operating Income. Contact listing agent for NDA, APOD and NOI. 48-72 hrs. advance notice needed for all showings. Third building address: 110 S Barnard Street. Currently zoned Urban Residential. Ask for zoning map for potential zoning improvements.

Listing Highlights for 500 & 506 W College Ave

Status Active
Days on Site 18
Property Type Commercial Sale
MLS ® PACE2516026
Year Built 1907
Total Square Footage 12,616
Lot/Acreage 0.33

Interior Details

  • Bedrooms: 0
  • Bathrooms: Full
  • Appliances:
  • Air Cond:
  • Heating: Steam
  • Fireplaces:
  • Floor: Hardwood,Vinyl
  • Above Ground Sq Ft:
  • Below Ground Sq Ft: n/a
  • Basement:
  • Other:
  • Water: Public

Exterior Details

  • Lot Description: Not New Construction,Horse Property: No
  • Garage Capacity: N/A
  • Lot Dimensions: 0.00 x 0.00
  • Zoning: UV
  • Roof: Shingle
  • Others:
  • Sewer: Public Septic
  • Parking Features: Parking Lot

Financial Details

  • Tax Amount: $18,591
  • Taxes w/Assessments: N/A
  • Tax/Property ID: N/A
  • Tax Year: 2025

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500 & 506 W College Ave State College, PA 16801

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Originating MLS: BRIGHT_MAIN

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