940-946 Southgate Dr, State College, PA 16801
- $649,000
- 3,300
- SqFt
- List Price
- $649,000
- Status
- ACTIVE
- Days on Market
- 18
- MLS#
- PACE2511872
- Style
- Other
- Year Built
- 1980
- Living Area
- 3,300
- Lot Size
- 16,117
- Acres
- 0.37
- Subdivision
- State College Boro
- Neighborhood
- State College Boro
- MLS Area Major
- State College Boro (16436)
Property Description
Fantastic Investment Opportunity for those looking to expand their portfolio! This fully rented Quadruplex is ideally situated in the heart of State College Borough, a highly sought-after area, close to Orchard Park, the YMCA, shopping, and a variety of dining options. Each of the four units offers 2 bedrooms, a full bathroom, a fully equipped kitchen with included appliances, and a laundry room complete with a stackable washer and dryer. Rental details include: Unit 940 rents for $1,200/month, Unit 942 rents for $1,200/month, Unit 944 rents for $925/month, and Unit 946 rents for $1,200/month, with all leases secured through July 29, 2025. Tenants are responsible for electric and cable/internet, with each unit featuring electric baseboard heat. Plenty of off street parking available for tenants. Located just 3 miles from Penn State University, this property presents an excellent opportunity in a prime location!
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Additional Information
- Taxes
- $6,228
- Property Description
- Other
- Zoning
- R3B
- Flooring
- Carpet, Vinyl
- Heating
- Baseboard - Electric
- Air Conditioning
- Wall Unit
- Roof
- Shingle
- Foundation
- Slab
- School District
- State College Area
- Number Of Units
- 4
Listing courtesy of RE/MAX Centre Realty. Contact: (814) 231-8200