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

State College, PA, 16801
$ 1,350,000
Bedrooms-- Baths-- Sq 2,813

Monthly Estimate*

$ 8,524

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Commercial Property for sale in State College, PA

for $1,350,000. This 2,813 square foot building 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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Commercial Active

Price

$ 1,350,000

Property Type

Commercial

Taxes

$ 6,430

Style

Apartment Building

Lot Size

0.19

Year Built

1940

Town/City

State College

County/Region

Centre

MLS | Web ID

PACE2519900
Features
Interior
Heating Fuel Electric Natural Gas
Flooring Ceramic Tile Hardwood
Hot Water Electric
Heating Y/N Y
Central Air Y/N N
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General
Sewer Public Sewer
Heating Baseboard - Electric Baseboard - Hot Water Forced Air
Cooling None
Possession Settlement
Roof Shingle
Zoning R3H
Security Features Smoke Detector
Construction Materials Aluminum Siding Stick Built
Year Built 1940
Electric 100 Amp Service 200+ Amp Service
Property Subtype Other
Tax Year 2025
Ownership Fee Simple
Cool Fuel None
Municipality STATE COLLEGE BORO
Business Type Apartment Building
Accessibility None
County CENTRE
New Construction N
Property Type Commercial Sale
Subdivision Name STATE COLLEGE BORO
Water Access Y/N N
Status ACTIVE
Directions S. Atherton to Pugh. Or Easterly to S. Pugh.
City STATE COLLEGE
Disclosures Prop Disclosure Lead Based Paint - Federal
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
Property Condition Very Good
Price Per Sq Ft Total AG 479.91
Acceptable Financing Bank Portfolio Cash
Vacation Rental Y/N N
Location Type Downtown
Standard Status Active
Year Built Source Assessor
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Exterior
Parking Features Paved Parking
Water Source Public
Inclusions 3 refridgerators 3ranges washer and dryer
Type of Parking Driveway
Foundation Details Block Stone
Water View Y/N N
Building Area Total 2813.00
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
2136830 Elementary School
2137124 Middle School
Unknown High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
7/17/2026$1,350,000 Listed Price

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820 S Pugh Street, State College, PA, 16801 is a Commercial Property for sale at $1,350,000 with 2,813 sqft and a lot size of 0.19. 820 S Pugh Street was built in 1940. The property's zip code is 16801 which is in State College, PA

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