$ 875,000
-
$875,000
Price -
9
Bed -
6
Bath -
7,680
SqFt -
1.17
Acre
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About the Listing REMAXCR1 - 3347331
Lemont area four unit investment property with great rental history close to Penn State's Campus. Walking distance to the Village of Lemont, Cafe Lemont, Kamrai, Voodoo Brewery, Maine Bay and Berry, Happy Valley Brewery and more. A short distance to bike paths, Slab Cabin Park, and Mt. Nittany's hiking trails. Two duplexes on one lot with the front duplex having 4 -5 bedrooms and 2 bathrooms per side and the rear duplex having a 2 bedroom unit and 1 bedroom unit. The units have hardwood floors, nice trim, and plentiful windows. There is a laundry room for tenant use, parking for eight vehicles, a nice 1.17 acre yard backing to Spring Creek, and outdoor living areas like porches and a deck. A great location close to State College, Penn State, shopping, restaurants and highway access, plus it's on a bus line. Leases run through July 31, 2027 with gross rent of $75,600 for the 12 month period. Village zoning allows for many uses.
Listing Highlights for 824 Elmwood St
Status
Active
Days on Site
49
Property Type
Multi-Family
MLS ®
PACE2520596
Year Built
1937
Total Square Footage
7,680
Lot/Acreage
1.17
County
Centre
Neighborhood
Lemont
Area
College Twp (16419)
School District
State College Area
Elementary School
Spring Creek
Middle School
Mount Nittany
High School
State College Area
Interior Details
- Bedrooms: 9
- Bathrooms: 6 Full
- Appliances:
- Air Cond:
- Heating: Hot Water
- Fireplaces:
- Floor: Hardwood,Laminated,Vinyl
- Above Ground Sq Ft: 7680
- Basement: Full
- Other: Attic,Built-Ins,Wood Floors
- Water: Public
Exterior Details
- Lot Description: Stream/Creek,Not New Construction,Horse Property: No,Waterfront
- Garage Capacity: N/A
- Parking Spaces: 9
- Lot Dimensions: 0.00 x 0.00
- Zoning: Village
- Roof: Shingle
- Others:
- Sewer: Public Sewer
- Parking Features: Asphalt Driveway,Driveway,Off Street,Parking Lot,4+ Spaces,3+ Spaces,2+ Spaces,1+ Spaces
Financial Details
- Tax Amount: $7,399
- Taxes w/Assessments: N/A
- Tax/Property ID: N/A
- Tax Year: 2026
Payment Calculator
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Listing Location
Questions About..
824 Elmwood St State College, PA 16801
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