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434 & 440 W College Avenue

STATE COLLEGE, PA 16801
  • $2,990,000
  • STATUS: Active
  • ON SITE: 43 Days
  • ID#: PACE2012100
UPDATED: 50 min ago
$2,990,000
  • 0
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
State College Boro
Type:
Commercial
Built:
1975
County:
Centre
Area:
State College Boro (16436)

School Ratings & Info

School District:
State College Area
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Description

Two buildings for sale - 434 & 440 W College Ave. in Urban Village zoning district, only one block to Penn State campus. 434 - 3 story brick rooming house w/ 8 bedrooms, 3 bath, leased to 9 till Aug 2023 for $7,000/mo, $7,290 for 2023/24, permitted for 12 occupants, potential increase in revenue possible. Plus 7 parking space for $5,075/yr. #440 - a 3 unit building, modified / built in 2009, 1st floor has two units, 440A - 827 sq.ft. of commercial space, market rent $1,600/mo NNN (vacant) and #440-1 has 4 BR 1.5 Bath permitted for 5, currently rented for $3,150/mo. $3,320 for 2023/24, 2nd floor #440-2 is a 7 BR 3 Bath apartment permitted for 9, rented for $6,750/mo. $7,425 for 2023/24, 12 parking space, 10 rented for $2,550/mo. Detail info with APOD in documents.

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©2023 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or LoCoMusings | Century 21 Redwood Realty. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2023-03-24T19:52:28.577.
www.locomusings.com/homes/136782655
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434 & 440 W College Avenue STATE COLLEGE, PA 16801

  • Price: $2,990,000
  • Status: Active
  • On Site: 43 Days
  • Updated: 50 min ago
  • ID#: PACE2012100
0
Beds
0
Baths
0
½ Baths
N/A
Acres
1975
Built
Neighborhood:
State College Boro
County:
Centre
Area:
State College Boro (16436)
School District:
State College Area
Property Description
Two buildings for sale - 434 & 440 W College Ave. in Urban Village zoning district, only one block to Penn State campus. 434 - 3 story brick rooming house w/ 8 bedrooms, 3 bath, leased to 9 till Aug 2023 for $7,000/mo, $7,290 for 2023/24, permitted for 12 occupants, potential increase in revenue possible. Plus 7 parking space for $5,075/yr. #440 - a 3 unit building, modified / built in 2009, 1st floor has two units, 440A - 827 sq.ft. of commercial space, market rent $1,600/mo NNN (vacant) and #440-1 has 4 BR 1.5 Bath permitted for 5, currently rented for $3,150/mo. $3,320 for 2023/24, 2nd floor #440-2 is a 7 BR 3 Bath apartment permitted for 9, rented for $6,750/mo. $7,425 for 2023/24, 12 parking space, 10 rented for $2,550/mo. Detail info with APOD in documents.
Exterior Features

Construction Materials Brick Garage YN No Other Structures Above Grade Parking Types Parking Lot Riparian Rights YN No Roof Shingle Water Access YN No Water Oriented YN No Water View YN No Waterfront YN No

Interior Features

Building Area Total 7566.00 Building Features Sprinkler System Cooling Window Unit(S)Central A/C Cooling YN Yes Fireplace YN No Heating Heat Pump(S)Hot Water Heating YN Yes Inclusions Two Buildings With 5 Range5 Dishwasher7 Refrigerator4 Sets Of W/D Net Square Feet 7566.00

Property Features

Acceptable Financing CashOther Accessibility Features None Business Type Apartment BuildingOther Central Air YN Yes Condo YN No Cooling Fuel Electric Federal Flood Zone YN No Heating Fuel ElectricNatural Gas Hot Water Natural Gas Municipality State College Boro Navigable Water YN N New Construction YN No Number Of Units Total 4 Original MLSNumber 74738:CCAR Ownership Interest Other Possession Subject To Existing Lease Property Sub Type Mixed Use Sale Type Standard Sewer Public Sewer Tax Annual Amount 25678.00 Tax Assessment Amount 355710.00 Vacation Rental YN No Water Source Public Zoning Urban Village

Listing courtesy of Re/Max Centre Realty: .


©2023 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or LoCoMusings | Century 21 Redwood Realty. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2023-03-24T19:52:28.577.
 
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