Listed By:
Keller Williams Advantage Realty
Address
238 E Fairmount Avenue, State College, PA
Price
$ 1,200,000
Property Attributes
  • MLS#PACE2509758
  • TypePending
  • CountyCENTRE
  • CityState College
  • AreaState College Boro
  • NeighborhoodState College Boro
  • Zip16801
  • StyleApartment Building
  • Year Built1920
  • Taxes$ 8769
  • Price$ 1,200,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage5625
  • Lot Size0.35 Acres
Data Source:
Bright MLS
Property Description

Calling All Investors! Discover an exceptional opportunity with this 8-unit student rental property in the State College Boro. Located conveniently in downtown State College and near Penn State University, this property features a mix of units including one 3-bedroom unit, seven 1-bedroom units. Tenants can take advantage of off-street parking with the 24-space parking lot. Financial information is available upon request. Don't miss out on adding this unique property to your portfolio!

Price History
4/10/2024 Listed $1,200,000

General Features

Sewer Public Sewer
Heating Hot Water
Cooling None
Possession Settlement
Roof Shingle
Zoning COMMERCIAL
Construction Materials Brick
Exclusions Tenant owned appliances and property.
Year Built 1920
Property SubType Five Or More Units
Tax Year 2024
Percent Ownership Fee Simple
Cool Fuel None
Business Type Apartment Building
Accessibility None
County CENTRE
New Construction No
Property Type Commercial Sale
Subdivision Name STATE COLLEGE BORO
Water Access Y/N No
Status PENDING
Directions S Allen Street to E Fairmont Avenue,right onto Berry Alley,property on the right.
ModificationTimestamp 2024-04-16T07:16:16
City STATE COLLEGE
Buyer Agent Compensation 1.8
Total Units 8
MLS Area State College Boro (16436)
Lot Size Square Feet 15246.00
Tax Assessed Value 113400.0
Waterfront Y/N No
Street Name FAIRMOUNT
Tax Annual Amount 8769.0
Price Per Sq Ft 213.33
Vacation Rental Y/N No
Days on Market 7
Standard Status Pending
Year Built Source Estimated
Buyer Agent Compensation Type % Of Gross

Interior Features

Heating Fuel Natural Gas
Hot Water Natural Gas
Heating Y/N Yes
Street Suffix AVENUE
Central Air Y/N No

Exterior Features

Water Source Public
Inclusions All non-tenant owned appliances
Total Parking Spaces 24
Type of Parking Parking Lot
Water View Y/N No
Building Area Total 5625.00
Lot Size Acres 0.35
Road Surface Type Paved
Lot Size Units Square Feet
Lot Size Source Estimated
Navigable Water Y/N No
Water Oriented Y/N No
Car Parking Spaces 24

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Pending Average in 16801

Price
AVG $760K
$1.2M
Taxes
AVG $5,552
$8,769
Visits
AVG 186
198
Data Provided by Inside Real Estate®
Year Built
AVG 1986
1920

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