125 W Park Avenue

STATE COLLEGE, PA 16803

  • 0 Bed(s)
  • 0 Bath(s)
  • 3,250 Sqft
  • 9148
    Sqft(Lot)
$750,000

Description

Welcome to this prime investment opportunity! this fully rented boarding house is conveniently located across the street from campus, offering unmatched accessibility. no student rental permit is required since the property is a boarding house, making it a hassle-free addition to your portfolio. don't miss this rare chance to own a high-demand property in an unbeatable location!

the building consists of 9 units:
1st floor - 3 bedroom, 1 bath apartment with a private bathroom and kitchen (unit 1).
2nd floor front - 2 boarding rooms (units 4&5) with a shared kitchen and bathroom.
2nd floor rear - 3 boarding rooms (units 8, 9, & 10) with a shared kitchen and bathroom.
3rd floor - 2 boarding rooms (units 6 & 7) who use a 2nd floor kitchen and bathroom).
basement - 1 bedroom, 1 bathroom apartment with a private bathroom, kitchen, and separate entrance (unit 11).
total rents $6,715/month.
there are 9 parking spots that are fully rented and gross $8,260/year.
apod is available upon request. schedule your tour today!

  • Property Type

    Multi-Family

  • Subdivision

    College Heights

  • County

    CENTRE

  • Style

    Other

  • AD ID

    49034229

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Property Details

  • Water/Sewer

    • Water Source : Public

    Interior Features

    • Roof : Metal,Shingle
    • Basement Description: Combination

    Roofing Information

    • Metal,Shingle

    Heating & Cooling

    • Cooling: None
    • Heating: Hot Water
    • Cooling Fuel: None
    • Heating Fuel: Natural Gas

  • Building Information

    • Year Built: 1926
    • Structure: Detached
    • New Construction: No
    • Total Units: 1
    • Built: 1926
    • Construction Material: Brick
    • Roof: Metal,Shingle
    • Foundation/Basement: Other
    • Architecture: Other
    • Pool/Private: No Pool
    • Roof Type: Metal,Shingle

    Pool Information

    • Pool: No Pool

    Utility Features

    • Sewer: Public Sewer

    Water

    • Water Heat: Other

  • Lot Information

    • Lot Size: 9,148
    • Dimensions: 0.00 x 0.00
    • Lot Size (Acres): 0.21
    • Architectural Style: Other
    • Main Square Feet: 9,148

    Property Information

    • SQ ft: 3,250
    • SQ ft (Living Area): 3,250
    • Total Lot SQ ft: 9,148
    • Subdivision: COLLEGE HEIGHTS
    • Financing: Cash,Other,Bank Portfolio
    • Appx. Lot Dimensions: 0.00 x 0.00
    • Total Acreage: 0.21
    • New Construction: No
    • Type: Other

  • Listing Information

    • Possession: Settlement
    • Days Of Market: 12

  • Tax Information

    • Annual Tax: $5,803
    • Tax Year: 2025
    • Total Taxes Payment Frequency: Annually

    Possession

    • Settlement

    Assessment Information

    • Taxes Assessment Amount: $73,800

  • Parking Information

    • Parking Type: Off Street

    Multi-Unit Information

    • Acceptable Financing: Cash,Other,Bank Portfolio
    • Road Surface: Paved
    • Roof: Metal,Shingle

    Homeowners Association Information

    • Direction: Atherton Street to Park Avenue, property is on the left across from campus.

  • School Information

    • High School: STATE COLLEGE AREA
    • School District: STATE COLLEGE AREA

    Utility Information

    • Water Source: Public
    • Sewer: Public Sewer
    • Cooling Fuel: None
    • Heating Fuel: Natural Gas
    • Hot Water: Other

    Location Information

    • Direction: Atherton Street to Park Avenue, property is on the left across from campus.
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BuyOwner last updated this listing 04/22/2025 @ 00:06

  • MLS: PACE2513872
  • LISTING PROVIDED COURTESY OF: ,
  • SOURCE: BRIGHT MLS

is a Other, with 0 bedrooms which is for sale, it has 3,250 sqft, 9,148 sized lot, and 0 parking. are nearby neighborhoods.