820 S Pugh St

State College PA 16801

2813 sq. ft.

8276 sq. ft.

Duplex

Currently for sale - view listing

Overview

Turnkey student rental investment steps from Penn State University. R3H-zoned 3-unit home rented under a single lease, currently 5 bedrooms/3 full baths/3 kitchens, presently occupied by 8 with permits on file for up to 13 — offering built-in upside for a new owner. Zero vacancy history; same tenant group (Penn State Snowboard Club) in place 4 years running, with plans to continue occupancy and they expect annual rent increases. Recent updates include remodeled kitchens and bathrooms, new deck, and all-new water heaters. Excellent opportunity for investors seeking a stabilized, income-producing property in a high-demand rental market. Permits, rent roll, and financials available upon request. Cash flow and cap rate details provided to qualified buyers.

Features

5 bedrooms

1 carspace

1 garage space

2813 sq. ft. floor area

8276 sq. ft. lot size

Duplex

Property history for 820 S Pugh St

2016

Sold

$402,300

04 Aug 2016

Happy sellers in State College

We have insufficient information to provide an overview of customer satisfaction for State College. Viewing the agent profiles, reviews and sales for State College can provide insights for this location.