843-877 Southgate Dr, State College, PA 16801
- $2,400,000
- List Price
- $2,400,000
- Status
- ACTIVE
- MLS#
- PACE2504828
- Acres
- 1.90
- Year Built
- 1984
- Subdivision
- Pheasant Run
- School District
- State College Area
- Days on Market
- 40
Property Description
Attention Investors! Looking to add to your portfolio? Check out Pheasant Run Townhomes, consisting of 18 fully rented units on 1.90 acres within the State College Borough backing to Orchard Park. Well-maintained units with a strong rental history. Built in 1984 & owned by current owners since 1996, there are Six 3 bedroom units & Twelve 2 bedroom units. Each unit boasts heat pumps & central air. Large off street paved/lighted parking area. Beautiful lush mature landscaping offering a private setting within the Borough. On the CATA Bus Route, close to downtown State College, schools, shopping, plenty of restaurants, YMCA & less than 3 miles to Penn State University. Professionally managed by Continental Real Estate allowing less headaches & worry for an investor. All roofs were replaced in 2010. THERE IS AN ASSUMABLE LOAN for qualified buyers.
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Additional Information
- Lot Size
- 82,764
- Neighborhood
- Pheasant Run
- School District
- State College Area
- Heating
- Heat Pump(s)
- Cooling
- Central A/C
- Roof
- Shingle
- Sewer
- Public Sewer
- Water
- Public
- Listing Agent
- Ryan S Lowe
Listing courtesy of RE/MAX Centre Realty. Contact: (814) 231-8200