434 & 440 College Avenue, State College, PA 16801
- $2,990,000
- 7,566
- SqFt
- List Price
- $2,990,000
- Price Change
- ▼ $260,000 1669236914
- Status
- ACTIVE
- MLS#
- 74738
- Sq. Ft
- 7,566
- Acres
- 0.34
- Subdivision
- State College Boro
- School District
- State College
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 2023 for $7,000/mo, permitted for 12 occupants, potential increase in revenue possible. Plus 7 parking space for $5,075/yr. #440 - a 3 unit building, modified / built in 2009, 1st floor has two units, 440A - 827 sq.ft. of commercial space, market rent $1,600/mo NNN (vacant) and #440-1 has 4 BR 1.5 Bath permitted for 5, currently rented for $3,150/mo. 2nd floor #440-2 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.
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Additional Information
- Taxes
- $25,678
- Style
- Apartments, Other
- School District
- State College
- Heating
- Heat Pump, Hot Water
- Cooling
- Window, Central
- Roof
- Brick
- Sewer
- Paved
- Water
- Public Sewer
Courtesy of Shirley Hsi and RE/MAX Centre Realty, 8148838270