$ 1,350,000
-
$1,350,000
Price -
6
Bed -
3
Bath -
2,813
SqFt
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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
15
Property Type
Residential
MLS ®
PACE2519916
Year Built
1940
Total Square Footage
2,813
Lot/Acreage
0.19
Interior Details
- Bedrooms: 6
- Bathrooms: 3 Full
- Appliances: Dryer, Refrigerator, Washer
- Air Cond:
- Heating: Forced Air
- Fireplaces:
- Floor: Ceramic Tile,Hardwood
- Above Ground Sq Ft: 2351
- Below Ground Sq Ft: 462
- Basement: Connecting Stairway,Outside Entrance
- Other: Wood Floors,Main Floor Bedrooms: 3
- Water: Public
Exterior Details
- Lot Description: Not New Construction,Horse Property: No
- Garage Capacity: 2 car
- Parking Spaces: 10
- Lot Dimensions: 0.00 x 0.00
- Zoning: R3H
- Roof: Shingle
- Others: Sidewalks,Very Good
- Sewer: Public Sewer
- Parking Features: Asphalt Driveway,Paved Parking,Garage - Front Entry,Alley,Attached Garage,Driveway,Parking Garage,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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