$525,000
$525,000
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1,918 SqFt
SOLD DATE : 12/28/2022
Key Details
Sold Price $525,000
Property Type Multi-Family
Sub Type Unit/Flat/Apartment
Listing Status Sold
Purchase Type For Sale
Square Footage 1,918 sqft
Price per Sqft $273
Subdivision None Available
MLS Listing ID PACE2438002
Sold Date 12/28/22
Style Traditional
HOA Y/N N
Abv Grd Liv Area 1,918
Originating Board CCAR
Year Built 1930
Annual Tax Amount $4,339
Tax Year 2022
Lot Size 7,405 Sqft
Acres 0.17
Property Description
Invest in Your Future. Fully rented through 2024 permitted 4 unit just a few shorts blocks from downtown State College & 7 blocks to campus. There are 3 efficiency units & 1 one bedroom unit. Apartment A&B currently rent for $850/month, Apartment C $995/month & Apartment D $825/month. Rents increase for each unit 2023-2024. Tenants are responsible for cable/internet. Landlord covers water, sewer, trash, electric, Natural Gas, lawn care & snow removal. Each unit has a mini-split heat pump. New metal roof installed summer of 2018. All appliances are included. Property is located in Ferguson Township (Student rental permits are not required in Ferguson Township). Plenty of off street parking & a 1 car detached garage for storage. Zoned Terrace Streetscape District, Zoning information in documents. Truly a great property to add to your portfolio.
Location
State PA
County Centre
Area Ferguson Twp (16424)
Zoning TS DISTRICT
Rooms
Basement Unfinished
Interior
Heating Other
Cooling Ductless/Mini-Split
Fireplace N
Heat Source Electric
Exterior
Garage Spaces 1.0
Roof Type Metal
Street Surface Paved
Accessibility None
Total Parking Spaces 1
Garage Y
Building
Sewer Public Sewer
Water Public
Architectural Style Traditional
Additional Building Above Grade, Below Grade
New Construction N
Schools
School District State College Area
Others
Tax ID 24-002A,031-,0000-
Ownership Fee Simple
Special Listing Condition Standard
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Bought with Melissa Brower • Kissinger, Bigatel & Brower
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "