Fully rented four-unit investment property in good condition, ideally located in a picturesque setting just a short distance to Toftrees and Penn State. Situated within the State College Area School District, this property offers strong rental appeal and consistent occupancy. Each unit offers approximately 1,100 square feet of well-designed living space, featuring two bedrooms with closets, including a primary bedroom with an attached half bath, plus an additional full hall bathroom. The oversized living room/dining room area provides generous space for relaxing or entertaining and is filled with great natural light. A separate door leads to a sweeping front porch, adding charm and desirable outdoor living space. The large kitchen is its own dedicated room with abundant cabinet storage and space for a small eat-in table, offering both functionality and comfort. Tenants enjoy access to a basement coin-operated washer and dryer, along with private storage areas. The expansive 4-acre lot provides plenty of yard space and paved parking, enhancing the property's convenience and appeal. A solid opportunity in a desirable location with strong rental fundamentals. Call today to see if this amazing rare investment is right for your portfolio.
| MLS # | PACE2517594 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active-bright |
| Year | 1970 |
| Days On Site | 209 |
| Listing Provided By | Kissinger & Associates LLC | Matt Cover |
| SQ Feet | 4,356 |
|---|---|
| Basement | Y |
| Units | 4 |
| Zoning | CA |
| Acreage | 4.00 |
| Property View | Mountain |
| Cooling | None |
|---|---|
| Heating Yes / No | Yes |
| Heating | Radiant |
| Appliances | Dishwasher, Oven/Range - Electric, Refrigerator, Water Conditioner - Owned, Washer, Dryer - Electric |
| Roof | Architectural Shingle |
|---|---|
| Security Features | Main Entrance Lock |
| Construction Materials | Brick |
| Foundation Details | Block |
| Garage Yes / No | No |
|---|---|
| Parking Features | Asphalt Driveway, Paved Parking |
| Tax Annual Amount | 6724 |
|---|
| State | PA |
|---|---|
| County | CENTRE PA |
| City | BELLEFONTE |
| Zip Code | 16823 |
| Area | Patton Twp (16418) |
| Community Name | NONE AVAILABLE |
| School District | STATE COLLEGE AREA |
| Listing VS Median (in NONE AVAILABLE) | |
Price: $819,000 low | high Med: $359,900 sqft: 4,356 low | high Med: 1,800 $ / sqft: $188 low | high Med: $225 On site: 209 low | high Med: 653 | |
| State | PA |
|---|---|
| County | CENTRE PA |
| City | BELLEFONTE |
| Zip Code | 16823 |
| Area | Patton Twp (16418) |
| Community Name | NONE AVAILABLE |
| School District | STATE COLLEGE AREA |
| Listing VS Median (in NONE AVAILABLE) | |
Price: $819,000 low | high Med: $359,900 sqft: 4,356 low | high Med: 1,800 $ / sqft: $188 low | high Med: $225 On site: 209 low | high Med: 653 | |