125 W Park Ave, State College, PA 16803
- $715,000
- 3,250
- SqFt
- Sold Price
- $715,000
- List Price
- $715,000
- Status
- CLOSED
- Days on Market
- 174
- Closing Date
- Nov 21, 2025
- MLS#
- PACE2513872
- Subtype
- Multi-Family
- Style
- Other
- Year Built
- 1926
- Living Area
- 3,250
- Lot Size
- 9,148
- Acres
- 0.21
- Subdivision
- College Heights
- MLS Area Major
- State College Boro (16436)
Property Description
Welcome to this prime investment opportunity! This fully rented boarding house is conveniently located across the street from campus, offering unmatched accessibility. No student rental permit is required since the property is a boarding house, making it a hassle-free addition to your portfolio. Don't miss this rare chance to own a high-demand property in an unbeatable location! The building consists of 9 units: 1st floor - 3 bedroom, 1 bath apartment with a private bathroom and kitchen (unit 1). 2nd floor front - 2 boarding rooms (units 4&5) with a shared kitchen and bathroom. 2nd floor rear - 3 boarding rooms (units 8, 9, & 10) with a shared kitchen and bathroom. 3rd floor - 2 boarding rooms (units 6 & 7) who use a 2nd floor kitchen and bathroom). Basement - 1 bedroom, 1 bathroom apartment with a private bathroom, kitchen, and separate entrance (unit 11). Total rents $6,715/month. There are 9 parking spots that are fully rented and gross $8,260/year. APOD is available upon request. Schedule your tour today!
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Additional Information
- Taxes
- $5,803
- Property Description
- Other
- Zoning
- R2
- Heating
- Hot Water
- Air Conditioning
- None
- Roof
- Metal, Shingle
- Foundation
- Other
- School District
- State College Area
- High School
- State College Area
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Listing courtesy of RE/MAX Centre Realty. Contact:
Selling Office: RE/MAX Centre Realty.