820 S Pugh St

State College, PA 16801
  • $1,350,000

    Price
  • 0

    Bed
  • 0

    Bath
  • 2,813

    SqFt

About the Listing KSSG15 - 3346568

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.

Listing Highlights

Status Active
Days on Site 18
Property Type Commercial Sale
MLS ® PACE2519900
Year Built 1940
Total Square Footage 2,813
Lot/Acreage 0.19

Interior Details

  • Bedrooms: 0
  • Bathrooms: 0 Full
  • Appliances:
  • Air Cond:
  • Heating: Baseboard - Electric,Baseboard - Hot Water,Forced Air
  • Fireplaces:
  • Floor: Ceramic Tile,Hardwood
  • 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
  • Parking Spaces: 8
  • Lot Dimensions: 0.00 x 0.00
  • Zoning: R3H
  • Roof: Shingle
  • Others: Very Good
  • Sewer: Public Sewer
  • Parking Features: Paved Parking,Driveway,4+ Spaces,3+ Spaces,2+ Spaces,1+ Spaces

Financial Details

  • Tax Amount: $6,430
  • Taxes w/Assessments: N/A
  • Tax/Property ID: N/A
  • Tax Year: 2025

Payment Calculator

Monthly Payment

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Questions About..

820 S Pugh St State College, PA 16801

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Originating MLS: BRIGHT_MAIN

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Sarah Forti

Realtor and Team Owner of Forti Homes | Forti Homes | KW Devon Wayne

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