$499,000

829-833 ELMWOOD ST, State College, PA 16801

  • 2,981 sqft
  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in 1880
  • Property Lot Size Icon0.34acre lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $167/sqft
  • Property List Date Icon Listed 4 months ago

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!

Listing Status:
Active
Listing Office:
Kissinger, Bigatel & Brower : 8142344000
Listing Agent:
Scott G Shamrock : 8143605163
MLS ID:
PACE2515936
  • General: Built-Ins
  • Appliances: DishwasherDryer - ElectricOven/Range - ElectricRefrigeratorWasher
  • Basement: FullInterior accessOutside entrancePartially finished
  • Flooring: HardwoodLuxury vinyl plankVinyl
  • A/C: None
  • Heating: Baseboard - Hot WaterNatural Gas
  • Fireplace: FireplaceFireplaces: 1
  • Disability Feature: None
  • General: Above GradeBelow Grade
  • Style: Traditional
  • Other Structures: PorchDeck
  • Parking: Paved Parking
  • Roofing: Architectural ShingleMetal
  • Windows: Double hungStormVinyl cladWood frame
  • General: Shake SidingShingle SidingStuccoVinyl SidingBlockStone
  • Originating MLS: BRIGHT_MAIN
  • School District: STATE COLLEGE AREA
  • County: CENTRE-PA
  • Zoning: V19-014-010C0000-
  • Water: Public
  • Sewer: Public Sewer
  • Source: BRIGHT_MAIN
  • Exclusions: Tenant personal property

This listing courtesy of Scott G Shamrock, Kissinger, Bigatel & Brower

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

H

Houserville/Lemont Elementary

217 Scholl St, State College, PA, 16801

Grades KG-5

1.16 miles away

M

Mount Nittany Middle School

656 Brandywine Dr, State College, PA, 16801

Grades 6-8

1.73 miles away

S

State College Area High School

650 Westerly Pkwy, State College, PA, 16801

Grades 9-12

2.72 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.