820 S Pugh Street
State College, PA 16801
Turnkey student rental investment steps from Penn State University. R3H-zoned 3-unit home rented under a single lease, currently 5 bedrooms/3 full baths/3 kitchens, presently occupied by 8 with permits on file for up to 13 — offering built-in upside for a new owner. Zero vacancy history; same tenant group (Penn State Snowboard Club) in place 4 years running, with plans to continue occupancy and they expect annual rent increases. Recent updates include remodeled kitchens and bathrooms, new deck, and all-new water heaters. Excellent opportunity for investors seeking a stabilized, income-producing property in a high-demand rental market. Permits, rent roll, and financials available upon request. Cash flow and cap rate details provided to qualified buyers.
Property Features
Feature Descriptions
Local Schools
Listed By / Shown By
Listed By
Agency Name: Kissinger, Bigatel & Brower
Agency Phone: 8142344000
Shown By
Agent Name: Jill Hertel
Agent Phone: (570) 854-1171
Agency Title: Lewith & Freeman
AGENT INFORMATION
Lewith & Freeman Jill Hertel (570) 854-1171 jhertel@lewith-freeman.com
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820 S Pugh Street | MLS# PACE2519900
This commercial property located at 820 S Pugh Street, State College, PA 16801 is currently listed for sale with an asking price of $1,250,000. S Pugh Street is located within the STATE COLLEGE AREA school district. Search State College real estate on jillhertel.lewith-freeman.com today.