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Property Description
FOUR (4) UNIT INVESTMENT PROPERTY near Penn State University, the Village of Lemont, and downtown State College. Ideal for investors or an owner-occupant seeking affordable living — live in one unit and lease the other three. Situated on a 0.34-acre lot, the property includes two duplex-style buildings: Units 829 Suite A and Suite B are charming one-bedroom apartments, 831 is a meticulously kept two-story, two-bedroom apartment, and 833 is a large one-bedroom apartment with a formal living room, fireplace, a sunroom, and a porch. All units are leased through 2026. With some renovation, an older attached garage offers potential for added storage or another income stream. With strong rental demand and room for future rent increases, this property presents an excellent long-term investment. 24 Hour Notice Required so schedule your showing today!
Property Features
Feature Descriptions
Local Schools
Listed By / Shown By
Listed By
Agency Name: Kissinger, Bigatel & Brower
Agency Phone: 8142344000
Shown By
Agent Name: Pamela Owsik
Agent Phone: (610) 659-7021
Agency Title: Duffy Real Estate, Inc.
Estimate Your Payment
Estimated Payment
$ 2,878.73 per month $2,345.44 Principal & Interest $390.67 Property Tax $142.63 Homeowner's Insurance
829-833 Elmwood Street | MLS# PACE2515936
This multi-family property located at 829-833 Elmwood Street, State College, PA 16801 is currently listed for sale with an asking price of $489,000. 829-833 Elmwood Street is located within the STATE COLLEGE AREA school district. Search State College real estate on powsik.duffyrealestate.com today.