824-832 Elmwood Street State College, PA 16801

$849,000
1.17
Acres
3,034
SQFT
280
$/SQFT
$849,000
3,034   sf
$280 / sf
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active
1/65
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Great four unit investment property with great rental history. Walking distance to the Village of Lemont, Cafe Lemont, Kamrai, Voodoo Brewery, Maine Bay and Berry, Happy Valley Brewery and more. A short distance to bike paths, Slab Cabin Park, and Mt. Nittany's hiking trails. Two duplexes on one lot with the front duplex having 4 -5 bedrooms and 2 bathrooms per side and the rear duplex having a 2 bedroom unit and 1 bedroom unit. The units have hardwood floors, nice trim, and plentiful windows. There is a laundry room for tenant use, parking for eight vehicles, a nice 1.17 acre yard backing to Spring Creek, and outdoor living areas like porches and a deck. A great location close to State College, Penn State, shopping, restaurants and highway access, plus it's on a bus line. Leases for 824 & 828 run through July 31, 2024. Leases for 830 & 832 run through July 31, 2025.

Great four unit investment property with great rental history. Walking distance to the Village of Lemont, Cafe Lemont, Kamrai, Voodoo Brewery, Maine Bay and Berry, Happy Valley Brewery and more. A short distance to bike paths, Slab Cabin Park, and Mt. Nittany's hiking trails. Two duplexes on one lot with the front duplex having 4 -5 bedrooms and 2 bathrooms per side and the rear duplex having a 2 bedroom unit and 1 bedroom unit. The units have hardwood floors, nice trim, and plentiful windows. There is a laundry room for tenant use, parking for eight vehicles, a nice 1.17 acre yard backing to Spring Creek, and outdoor living areas like porches and a deck. A great location close to State College, Penn State, shopping, restaurants and highway access, plus it's on a bus line. Leases for 824 & 828 run through July 31, 2024. Leases for 830 & 832 run through July 31, 2025.

  • Neighborhood
  • Type
  • County
    Centre
  • Area
    College Twp
  • Tax Amount
    $6,840
  • Status
    Active
  • Listing #
    PACE2508890
  • Built
    1937
  • Lot Size
    1.17
  • Listed on site
    98 days
  • Listing Agent Id
    802023772022

Listed by:
RE/MAX Centre Realty

Source:
BRIGHT MLS

School Info

Property details

Community Features

  • No HOA
  • No Adult Community

Property Features

  • No Builder Restrictions

Exterior features

  • No Pool
  • Basement

Interior Features

  • Wood Floors

Style

  • Traditional

Property History

DateDays AgoEventNew Price
Mar 16, 20242 mos agoPrice decreased26,000 (3%)$849,000
Feb 9, 20243 mos agoNew on market$875,000
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