820 S PUGH ST, State College, PA 16801
820 S PUGH ST, State College, PA 16801
820 S PUGH ST, State College, PA 16801
820 S PUGH ST, State College, PA 16801
820 S PUGH ST, State College, PA 16801
820 S PUGH ST, State College, PA 16801
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Listed by Ellen Kline • Kissinger, Bigatel & Brower
$ 1,350,000
Est. payment | /mo

2,813 SqFt


Save
$ 1,350,000
Est. payment | /mo
Save

2,813 SqFt

Key Details

Property Type Multi-Family

Sub Type Detached

Listing Status Active

Purchase Type For Sale

Square Footage 2,813 sqft

Price per Sqft $479

Subdivision State College Boro

MLS Listing ID PACE2519844

Style Cape Cod

Abv Grd Liv Area 2,351

Year Built 1940

Annual Tax Amount $6,430

Tax Year 2025

Lot Size 8,276 Sqft

Acres 0.19

Lot Dimensions 0.00 x 0.00

Property Sub-Type Detached

Source BRIGHT

Property Description

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.

Location

State PA

County Centre

Area State College Boro (16436)

Zoning R3H

Rooms

Basement Connecting Stairway, Outside Entrance

Interior

Interior Features Wood Floors

Hot Water Electric

Heating Forced Air

Cooling None

Flooring Hardwood

Inclusions 3 Refrigerators, 3 Ranges

Equipment Dryer, Refrigerator, Washer

Fireplace N

Appliance Dryer, Refrigerator, Washer

Heat Source Natural Gas

Exterior

Exterior Feature Patio(s)

Parking Features Garage - Front Entry

Garage Spaces 1.0

Water Access N

Roof Type Shingle

Street Surface Paved

Accessibility None

Porch Patio(s)

Road Frontage Boro/Township

Attached Garage 1

Total Parking Spaces 1

Garage Y

Building

Foundation Block

Above Ground Finished SqFt 2351

Sewer Public Sewer

Water Public

Architectural Style Cape Cod

Additional Building Above Grade, Below Grade

New Construction N

Schools

School District State College Area

Others

Tax ID 36-018-,194-,0000-

Ownership Fee Simple

SqFt Source 2813

Acceptable Financing Bank Portfolio, Cash

Listing Terms Bank Portfolio, Cash

Financing Bank Portfolio,Cash

Special Listing Condition Standard

Bright MLS (BMLS)

Nearby Locations

Lee & Angela Goldstein

"At Northgate Realty, we’re your trusted resource for real estate in Bethesda and beyond—offering expert guidance, local insight, and personalized service every step of the way."

+1(202) 744-8060

team@northgaterealty.com

7920 Norfolk Avenue, Suite 330, Bethesda, 20814, USA

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820 S PUGH ST