227 231 Strouse Ave, State College, PA 16803

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List Price
$669,900
Status
ACTIVE
Days on Market
142
Price Change
▼ $21,360 1788060422
MLS#
PACE2519270
Subtype
Multi-Family
Style
Other
Year Built
1981
Living Area
3,664
MLS Area Major
Patton Twp (16418)

Property Description

Don't miss this rare opportunity to own all three well-maintained condominium units located just minutes from Penn State University and conveniently situated along the CATA bus route. Whether you're looking to expand your investment portfolio or secure income-producing property in a highly desirable location, this package offers tremendous potential. Each of the three units features 2 bedrooms and 1.5 baths, along with private decks, kitchen appliances, and washer/dryers included. Unit 227 Strouse Avenue: Features a finished lower-level family room, laundry area, and bathroom. The basement bathroom remodel is scheduled for completion by the end of June 2026. Unit 229 Strouse Avenue: Offers a versatile lower-level family room that can also serve as a home office or den, along with a dedicated laundry area. Unit 231 Strouse Avenue: Includes a spacious lower-level family room, laundry area, and a full bathroom in the basement. Additional features include: Public water and sewer, Ceiling cable heating, Large private decks for each unit, Kitchen appliances included, Washer and dryer included in each unit, Strong rental potential due to proximity to Penn State University. Monthly condominium fee of $200 per unit covers: Common area maintenance, Exterior maintenance, Building insurance, Lawn care, Snow removal,Trash service. Properties offering three income-producing units in such a prime State College location are seldom available. Conveniently located near shopping, dining, public transportation, and Penn State University, this is an outstanding opportunity for investors seeking stable rental demand and long-term appreciation. Schedule your showing today and take advantage of this unique investment opportunity! *Photos are virtually stage and of only the vacant property currently*

Additional Information

Taxes
$6,081
Property Description
Other
Zoning
R
Heating
Electric Baseboard, Ceiling
Air Conditioning
Central Air
Foundation
Other
Parking Features
Paved
School District
State College Area
Elementary School
Park Forest
High School
State College Area

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Listing courtesy of Perry Wellington Realty, LLC. Contact: