820 S Pugh St, State College, PA 16801
Local realty services provided by:CENTURY 21 Home Team Realty
820 S Pugh St,State College, PA 16801
$1,350,000
- 6 Beds
- 3 Baths
- 2,813 sq. ft.
- Single family
- Active
Listed by: ellen kline
Office: kissinger, bigatel & brower
MLS#:PACE2519916
Source:BRIGHTMLS
Price summary
- Price:$1,350,000
- Price per sq. ft.:$479.91
About this home
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.
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Home facts
- Year built:1940
- Listing ID #:PACE2519916
- Added:12 day(s) ago
- Updated:July 27, 2026 at 01:44 PM
Rooms and interior
- Bedrooms:6
- Total bathrooms:3
- Full bathrooms:3
- Flooring:Ceramic Tile, Hardwood
- Bathrooms Description:Full Bath
- Kitchen Description:Refrigerator
- Bedroom Description:Primary Bedroom
- Basement:Yes
- Basement Description:Connecting Stairway, Outside Entrance
- Living area:2,813 sq. ft.
Heating and cooling
- Heating:Forced Air, Natural Gas
Structure and exterior
- Roof:Shingle
- Year built:1940
- Building area:2,813 sq. ft.
- Lot area:0.19 Acres
- Lot Features:Downtown
- Architectural Style:Cape Cod
- Construction Materials:Aluminum Siding, Stick Built
- Exterior Features:Deck(s), Patio(s), Sidewalks
- Foundation Description:Block
- Levels:1 Story
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$1,350,000
- Price per sq. ft.:$479.91
- Tax amount:$6,430 (2025)
Features and amenities
- Laundry features:Dryer, Washer
- Amenities:Smoke Detector
Parking
- Parking description:Alley, Asphalt Driveway, Attached Garage, Garage - Front Entry, Parking Garage, Paved Parking
- Garage:Yes
- Garage spaces:2
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