820 S PUGH St, State College, PA 16801

Sqft
2,813
Garage
Yes

View property features, location on map, relevant school information and overview from seller's agent.

Listed byKissinger, Bigatel & Brower
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Overview

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.

Location

Full feature list

Basic info

Property type
Multi-family
Square feet
2,813
Lot size (acres)
0.19
Year built
1940

Interior features

Basement
Yes

Exterior features

Water view
Yes

Garage and parking

Garage parking spaces
1

Utilities

Heating
Natural Gas
Cooling
None
Sewer
Public Sewer
Water
Public Water

Taxes

Tax Annual Amount (2025)
$6,430

Public schools

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Sourced from: Bright MLS MLS®#: PACE2519844 Last checked:

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