829-833 Elmwood St, State College, PA 16801
- $469,000
- 2,775
- SqFt
- List Price
- $469,000
- Status
- ACTIVE
- Days on Market
- 347
- Price Change
- ▼ $10,000 1780015495
- MLS#
- PACE2515936
- Style
- Traditional
- Year Built
- 1880
- Living Area
- 2,775
- Lot Size
- 14,810
- Acres
- 0.34
- Subdivision
- Lemont
- Neighborhood
- Lemont
- MLS Area Major
- College Twp (16419)
Property Description
FOUR (4) UNIT INVESTMENT PROPERTY near Penn State University, the Village of Lemont, and downtown State College. Ideal for investors or an owner-occupant seeking affordable living — live in one unit and lease the other three. Situated on a 0.34-acre lot, the property includes two duplex-style buildings: Units 829 Suite A and Suite B are charming one-bedroom apartments, 831 is a meticulously kept two-story, two-bedroom apartment, and 833 is a large one-bedroom apartment with a formal living room, fireplace, a sunroom, and a porch. All units are leased through 2026. With some renovation, an older attached garage offers potential for added storage or another income stream. With strong rental demand and room for future rent increases, this property presents an excellent long-term investment. 24 Hour Notice Required so schedule your showing today!
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Additional Information
- Interior Features
- Built-Ins
- Taxes
- $4,688
- Property Description
- Traditional
- Zoning
- V
- Flooring
- Hardwood, Luxury Vinyl Plank, Vinyl
- Appliances
- Dishwasher, Dryer - Electric, Oven/Range - Electric, Refrigerator, Washer
- Heating
- Baseboard - Hot Water
- Air Conditioning
- None
- Roof
- Architectural Shingle, Metal
- Foundation
- Block, Stone
- Parking
- Paved Parking
- School District
- State College Area
- Number Of Units
- 4
Listing courtesy of Kissinger, Bigatel & Brower. Contact: (814) 234-4000