829-833 Elmwood Street, State College, PA 16801

$489,000
  • 829-833 Elmwood Street, State College, PA 16801 Main Photo

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ACTIVE
BEDS0 BATHS SQUARE FEET2,981 MLS#PACE2515936
STATUSACTIVE PROPERTY TYPEMulti Unit - Multiple SUBDIVISIONLEMONT SCHOOLSTATE COLLEGE AREA

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!

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.

Property Features

Property Type: Multi Unit - Multiple
Basement: Full, Interior Access, Outside Entrance, Partially Finished
Basement: Yes
Cooling: None
Fireplaces: 1
Fuel Type: Natural Gas
Heating: Baseboard - Hot Water
Home Style: Traditional
Lot Size: 0.34 Acres
Roof Type: Architectural Shingle, Metal
Taxes: $4,688
Year Built: 1880

Feature Descriptions

Additional Structures: Above Grade, Below Grade
Appliances: Dishwasher, Dryer - Electric, Oven/Range - Electric, Refrigerator, Washer
Days on Site: 202
Exterior: Shake Siding, Shingle Siding, Stucco, Vinyl Siding
Flooring: Hardwood, Luxury Vinyl Plank, Vinyl
Interior: Built-Ins
Location: Suburban
Lot: Rear Yard
Lot Dimensions: 0.34 Acre(S)
Municipality: COLLEGE TWP
One Bedroom Units: 3
Parking Notes: Paved Parking
Sewer: Public Sewer
Structure Type: Detached
Total Garage/Parking Spaces: 4
Two Bedroom Units: 1
Units: 4
Water: Public
Windows: Double Hung, Storm, Vinyl Clad, Wood Frame

Local Schools

School District: STATE COLLEGE AREA

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.

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Estimated Payment

$ 2,878.73 per month $2,345.44 Principal & Interest $390.67 Property Tax $142.63 Homeowner's Insurance

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