State College, PA 16801,500 & 506 W COLLEGE AVE
State College, PA 16801,500 & 506 W COLLEGE AVE
State College, PA 16801,500 & 506 W COLLEGE AVE
State College, PA 16801,500 & 506 W COLLEGE AVE
State College, PA 16801,500 & 506 W COLLEGE AVE
State College, PA 16801,500 & 506 W COLLEGE AVE
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Listed by Paul Confer • Kissinger, Bigatel & Brower
$ 4,150,000
Est. payment | /mo

14,374 SqFt


Save
$ 4,150,000
Est. payment | /mo
Save

14,374 SqFt

Key Details

Property Type Commercial

Sub Type Five Or More Units

Listing Status Active

Purchase Type For Sale

Square Footage 14,374 sqft

Price per Sqft $288

Subdivision State College Boro

MLS Listing ID PACE2516026

Year Built 1907

Annual Tax Amount $18,591

Tax Year 2025

Lot Size 0.330 Acres

Acres 0.33

Lot Dimensions 0.00 x 0.00

Property Sub-Type Five Or More Units

Source BRIGHT

Property Description

PRE-QUALIFIED INVESTORS OPEN HOUSE on THURSDAY, September 4th from 3:00 - 6:00 pm.
Must Pre-Register & sign NDA before Open House.
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.

Location

State PA

County Centre

Area State College Boro (16436)

Zoning UV

Interior

Hot Water Electric, Natural Gas

Heating Steam

Cooling None

Flooring Hardwood, Vinyl

Inclusions 15 used refrigerators and ranges

Heat Source Natural Gas

Exterior

Water Access N

Roof Type Shingle

Street Surface Paved

Accessibility None

Road Frontage Boro/Township

Garage N

Building

Sewer Public Septic

Water Public

New Construction N

Schools

School District State College Area

Others

Tax ID 36-011-,111-,0000-

Ownership Fee Simple

SqFt Source Estimated

Acceptable Financing Bank Portfolio, Cash, Conventional

Listing Terms Bank Portfolio, Cash, Conventional

Financing Bank Portfolio,Cash,Conventional

Special Listing Condition Standard

Bright MLS (BMLS)
agent-avatar

+1(301) 340-1533

nationalharborhomes@gmail.com

4550 CRAIN HIGHWAY SUITE 100

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