Bought with Larry Walker • Kissinger, Bigatel & Brower
$4,360,000
$4,150,000
5.1%For more information regarding the value of a property, please contact us for a free consultation.
0.33 Acres Lot
SOLD DATE : 10/10/2025
Key Details
Sold Price $4,360,000
Property Type Commercial
Sub Type Five Or More Units
Listing Status Sold
Purchase Type For Sale
Subdivision State College Boro
MLS Listing ID PACE2516026
Sold Date 10/10/25
Year Built 1907
Annual Tax Amount $18,591
Tax Year 2025
Lot Size 0.330 Acres
Acres 0.33
Lot Dimensions 0.00 x 0.00
Property Sub-Type Five Or More Units
Source BRIGHT
Property Description
If location matters and income matters, this listing is for you! Three brick buildings on three adjoining parcels offer 15 rental units in walking distance to PSU campus. Rarely do these opportunities go public. Each building has 5 units with a total of 31 bedrooms and 15 baths. Always rented with rare vacancies. Buildings are in good condition with diversity of floor plans in each unit. Strong income and Net Operating Income. Contact listing agent for NDA, APOD and NOI. 48-72 hrs. advance notice needed for all showings. Third building address: 110 S Barnard Street. Currently zoned Urban Residential. Ask for zoning map for potential zoning improvements.
Location
State PA
County Centre
Area State College Boro (16436)
Zoning UV
Interior
Hot Water Electric, Natural Gas
Heating Steam
Cooling None
Flooring Hardwood, Vinyl
Heat Source Natural Gas
Exterior
Water Access N
Roof Type Shingle
Street Surface Paved
Accessibility None
Road Frontage Boro/Township
Garage N
Building
Sewer Public Septic
Water Public
New Construction N
Schools
School District State College Area
Others
Tax ID 36-011-,111-,0000-
Ownership Fee Simple
Acceptable Financing Bank Portfolio, Cash, Conventional
Listing Terms Bank Portfolio, Cash, Conventional
Financing Bank Portfolio,Cash,Conventional
Special Listing Condition Standard
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