Property Description

Two buildings for sale – 434 & 440 W College Ave. in Urban Village zoning district, only one block to Penn State campus. 434 – 3 story brick rooming house w/ 8 bedrooms, 3 bath, leased to 9 till Aug 2022 for $7,000/mo, permitted for 12 occupants, potential increase in revenue possible. Plus 7 parking space for $5,075/yr. #440 – modified / built in 2009, 1st floor has two units, 1) 827 sq.ft. of commercial space, market rent $1,600/mo NNN (vacant) and 2) 4 BR 1.5 Bath permitted for 5, currently rented for 3,150/mo. 2nd floor is a 7 BR 3 Bath apartment permitted for 9, rented for $6,750/mo. 12 parking space, 10 rented for $2,550/mo Detail attached. Detail info with APOD in documents.

Features
: Heat Pump, Hot Water
Address Map
US
PA
Centre
State College
16801
College Avenue
434 & 440
0
E0° 0' 0''
N0° 0' 0''
Other Information
1.5
Brick
Shingle
Window,Central
Electric,Natural Gas
Public
Public Sewer
None,Off Street,Space Included
Income Op Data,Operating Expenses
W
0
TWO BUILDINGS WITH 5 RANGE, 5 DISHWASHER, 7 REFRIG
State College
36-State College Borough
Rental Agreement
Active
State College Boro
$25,678
URBAN VILLAGE
Listing Office
RE/MAX Centre Realty
Shirley
Hsi

Real Estate Only

434 & 440 College Avenue, State College, Pennsylvania 16801

0 Bedrooms
0 Bathrooms
0.34 Acre
Visits : 10 in 8 days
$3,690,000
Listing ID #8072
Basic Details
Property Type : Real Estate Only
Listing Type :
Listing ID : 8072
Price : $3,690,000
Bedrooms : 0
Bathrooms : 0
Half Bathrooms : 0
Year Built : 0
Lot Area : 0.34 Acre
Agent info
Yocum Real Estate Centre LLC
1454 Martin Street
State College, PA 16803
Contact Agent