820 S Pugh Street State College, PA $ 1,350,000
820 S Pugh Street
$ 1,350,000
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820 S Pugh Street

State College, PA, 16801
$ 1,350,000
Bedrooms5 Baths0.0

Monthly Estimate*

$ 8,524

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Multi-Family Home for sale in State College, PA

for $1,350,000 with 5 bedrooms. This home was built in 1940 on a lot size of 0.19.

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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Multi-Family Active

Price

$ 1,350,000

Bedrooms

5

Property Type

Multi-Family

Taxes

$ 6,430

Style

Cape Cod

Lot Size

0.19

Year Built

1940

Town/City

State College

County/Region

Centre

MLS | Web ID

PACE2519844

Features
General
Living Area 2813
Sewer Public Sewer
Heating Forced Air
Cooling None
Possession Immediate
Roof Shingle
Appliances Dryer Refrigerator Washer
Zoning R3H
Garage Spaces 1.00
Patio/Porch Features Patio(s)
Architectural Style Cape Cod
Construction Materials Aluminum Siding Stick Built
School District STATE COLLEGE AREA
Year Built 1940
Property Subtype Triplex
Tax Year 2025
Ownership Fee Simple
Cool Fuel None
Municipality STATE COLLEGE BORO
Accessibility None
County CENTRE
New Construction N
Property Type Multi-Family
Subdivision Name STATE COLLEGE BORO
Garage Y/N Y
Water Access Y/N N
Other Structures Above Grade Below Grade
Status ACTIVE
Directions S Atherton to Pugh. Or Easterly to S Pugh.
City STATE COLLEGE
Disclosures Lead Based Paint - Federal Prop Disclosure
Number Of Units Total 1
MLS Area State College Boro (16436)
Lot Size Units Square Feet
Lot Size Square Feet 8276.00
Tax Annual Amount 6430.0
Home Warranty Y/N N
Property Condition Excellent
Two Bedroom 2
Structure Type Detached
Price Per Sq Ft Total AG 574.22
Acceptable Financing Bank Portfolio Cash
Vacation Rental Y/N N
Location Type Downtown
Lease Type Yearly
Standard Status Active
Year Built Source Assessor
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Interior
Interior Amenities Wood Floors
Heating Fuel Natural Gas
Basement Connecting Stairway Outside Entrance
Flooring Hardwood
Hot Water Electric
Furnished Units None
Basement (Y/N) Y
Heating Y/N Y
Fireplace Y/N N
Central Air Y/N N
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Exterior
Exterior Amenities Sidewalks
Pool No Pool
Parking Features Asphalt Driveway Paved Driveway
Water Source Public
Inclusions 3 Refrigerators 3 Ranges
Garage Features Garage - Front Entry
Type of Parking Alley Attached Garage Driveway
Foundation Details Block
Spa Y
Water View Y/N N
Lot Dimensions 0.00 x 0.00
Lot Size Acres 0.19
Road Surface Type Paved
Lot Size Source Assessor
Waterfront Y/N N
Road Responsibility Boro/Township
Land Assessed Value 15390.00
Navigable Water Y/N N
Water Oriented Y/N N
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Internal Only
Street Number 1 820
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* Excluded Features
List By
Kissinger, Bigatel & Brower

Broker

ellenkline@aol.com

Email

Affordability Calculator

$9,060
Per Month
94%
6%
0%
Monthly Principal & Interest
$8,524
Monthly Property Taxes
$536
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4110137 Elementary School
4110146 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
7/14/2026$1,350,000 Listed Price

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820 S Pugh Street, State College, PA, 16801 is a Multi-Family Home for sale at $1,350,000 with a lot size of 0.19. 820 S Pugh Street has 5 bedrooms, 0.0 baths, and was built in 1940. The property's zip code is 16801 which is in State College, PA