$ 499,000
-
$499,000
Price -
4
Bed -
2
Bath -
2,071
SqFt
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About the Listing CONT01 - 3346472,3380271
Generating $3,800 per month in rental income, this charming Cape Cod-style home, built in 1953 and rich with football history, presents an excellent investment opportunity in the highly desirable State College Borough. The property includes a rental permit allowing occupancy by up to four unrelated individuals and is currently tenant-occupied with leases in place through July 31, 2027, providing immediate and stable cash flow. Situated on a spacious 0.28-acre lot, this well-maintained home features a classic brick exterior and offers approximately 2,071 finished square feet of living space. The interior includes four bedrooms and two full bathrooms, providing ample room for tenants. A partially finished basement offers additional living, recreational, or storage space, creating further value and potential rental appeal. Exterior amenities include a welcoming front porch, sidewalks, an attached garage, and a paved driveway with additional off-street parking. With its prime location, strong rental history, and long-term tenants already in place, this property is an attractive opportunity for investors looking to capitalize on the robust State College rental market. Tenant occupied. A minimum of 24-hour notice is required for all showings.
Listing Highlights
Status
Active
Days on Site
4
Property Type
Residential
MLS ®
PACE2520636
Year Built
1953
Total Square Footage
2,071
Lot/Acreage
0.28
County
Centre
Neighborhood
State College Boro
School District
State College Area
Elementary School
Easterly Parkway
Middle School
Mount Nittany
High School
State College Area
Interior Details
- Bedrooms: 4
- Bathrooms: 2 Full
- Appliances:
- Air Cond:
- Heating: Forced Air
- Fireplaces: 2, Wood,2 Fireplaces
- Floor: Hardwood
- Above Ground Sq Ft: 1356
- Below Ground Sq Ft: 715
- Basement: Full,Partially Finished
- Other: Main Floor Bedrooms: 2
- Water: Public
Exterior Details
- Lot Description: Year Round Access,Not New Construction,Horse Property: No
- Garage Capacity: 1 car
- Parking Spaces: 1
- Zoning: R1
- Roof: Shingle
- Others: Sidewalks
- Sewer: Private Sewer
- Parking Features: Paved Driveway,Garage - Front Entry,Inside Access,Attached Garage,1+ Spaces
Financial Details
- Tax Amount: $4,911
- Taxes w/Assessments: N/A
- Tax/Property ID: N/A
- Tax Year: 2026
Payment Calculator
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Questions About..
240 E McCormick Ave State College, PA 16801
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