125 W Park Avenue
State College, PA 16803
Listing provided courtesy of: RE/MAX Centre Realty
Property Description
Welcome to this prime investment opportunity! This fully rented boarding house is conveniently located across the street from campus, offering unmatched accessibility. No student rental permit is required since the property is a boarding house, making it a hassle-free addition to your portfolio. Don't miss this rare chance to own a high-demand property in an unbeatable location!
The building consists of 9 units:
1st floor - 3 bedroom, 1 bath apartment with a private bathroom and kitchen (unit 1).
2nd floor front - 2 boarding rooms (units 4&5) with a shared kitchen and bathroom.
2nd floor rear - 3 boarding rooms (units 8, 9, & 10) with a shared kitchen and bathroom.
3rd floor - 2 boarding rooms (units 6 & 7) who use a 2nd floor kitchen and bathroom).
Basement - 1 bedroom, 1 bathroom apartment with a private bathroom, kitchen, and separate entrance (unit 11).
Total rents $6,715/month.
There are 9 parking spots that are fully rented and gross $8,260/year.
APOD is available upon request. Schedule your tour today!
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Features:
Off Street Metal, Shingle Public Sewer
| Price: | $750,000 |
| Beds: | 4 |
| Interior (SQFT): | 3,250 |
| Lot Size (SQFT): | 9,148 |
| Property Type: | Residential Income |
| Year Built: | 1926 |
| Subdivision: | College Heights |
Listing provided courtesy of: RE/MAX Centre Realty. The information included in this listing is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The information on each listing is furnished by the owner and deemed reliable to the best of his/her knowledge, but should be verified by the purchaser. BRIGHT MLS assumes no responsibility for typographical errors, misprints or misinformation. This property is offered without respect to any protected classes in accordance with the law. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Information is deemed reliable but not guaranteed. © 2025 by BRIGHT MLS. All rights reserved. Listing last updated on 05/14/2025 20:26:28
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