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CB Premier

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$ 649,000

Est. payment -/mo

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940-946 SOUTHGATE DR State College, PA 16801

3,300 SqFt

UPDATED:

09/27/2024 12:35 PM

Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Active

Purchase Type For Sale

Square Footage 3,300 sqft

Price per Sqft $196

Subdivision State College Boro

MLS Listing ID PACE2511872

Style Other

Abv Grd Liv Area 3,300

Originating Board BRIGHT

Year Built 1980

Annual Tax Amount $6,228

Tax Year 2024

Lot Size 0.370 Acres

Acres 0.37

Lot Dimensions 0.00 x 0.00

Property Description

Fantastic Investment Opportunity for those looking to expand their portfolio! This fully rented Quadruplex is ideally situated in the heart of State College Borough, a highly sought-after area, close to Orchard Park, the YMCA, shopping, and a variety of dining options. Each of the four units offers 2 bedrooms, a full bathroom, a fully equipped kitchen with included appliances, and a laundry room complete with a stackable washer and dryer. Rental details include: Unit 940 rents for $1,200/month, Unit 942 rents for $1,200/month, Unit 944 rents for $925/month, and Unit 946 rents for $1,200/month, with all leases secured through July 29, 2025. Tenants are responsible for electric and cable/internet, with each unit featuring electric baseboard heat. Plenty of off street parking available for tenants. Located just 3 miles from Penn State University, this property presents an excellent opportunity in a prime location!

Location

State PA

County Centre

Area State College Boro (16436)

Zoning R3B

Interior

Hot Water Electric

Heating Baseboard - Electric

Cooling Wall Unit

Flooring Carpet, Vinyl

Inclusions 4 refrigerators, 4 ranges, 4 dishwashers, 4 washing machines & 4 dryers

Fireplace N

Heat Source Electric

Exterior

Exterior Feature Deck(s), Porch(es)

Waterfront N

Water Access N

Roof Type Shingle

Accessibility None

Porch Deck(s), Porch(es)

Parking Type Parking Lot

Garage N

Building

Foundation Slab

Sewer Public Sewer

Water Public

Architectural Style Other

Additional Building Above Grade, Below Grade

Structure Type Dry Wall

New Construction N

Schools

School District State College Area

Others

Tax ID 36-020-,156-,0000-

Ownership Fee Simple

SqFt Source Assessor

Special Listing Condition Standard

Listed by Ryan S Lowe • RE/MAX Centre Realty

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940-946 SOUTHGATE DR State College, PA 16801

Key Details

Location

Interior

Exterior

Building

Schools

Others

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940-946 SOUTHGATE DR