240 E Mccormick Avenue State College, PA $ 499,000
240 E Mccormick Avenue
$ 499,000
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240 E Mccormick Avenue

State College, PA, 16801
$ 499,000
Bedrooms4 Baths2.0 Sq 2,071

Monthly Estimate*

$ 3,151

240 E Mccormick Avenue, State College, PA 16801 - Image 1
240 E Mccormick Avenue, State College, PA 16801 - Image 2
240 E Mccormick Avenue, State College, PA 16801 - Image 3
240 E Mccormick Avenue, State College, PA 16801 - Image 4
240 E Mccormick Avenue, State College, PA 16801 - Image 5
240 E Mccormick Avenue, State College, PA 16801 - Image 6
240 E Mccormick Avenue, State College, PA 16801 - Image 7
240 E Mccormick Avenue, State College, PA 16801 - Image 8

Single Family Home for sale in State College, PA

for $499,000 with 4 bedrooms and 2 full baths. This 2,071 square foot home was built in 1953 on a lot size of 0.28.

Generating $3,800 per month in rental income, this charming Cape Cod-style home, built in 1953 and rich with football history, presents an excellent investment opportunity in the highly desirable State College Borough. The property includes a rental permit allowing occupancy by up to four unrelated individuals and is currently tenant-occupied with leases in place through July 31, 2027, providing immediate and stable cash flow. Situated on a spacious 0.28-acre lot, this well-maintained home features a classic brick exterior and offers approximately 2,071 finished square feet of living space. The interior includes four bedrooms and two full bathrooms, providing ample room for tenants. A partially finished basement offers additional living, recreational, or storage space, creating further value and potential rental appeal. Exterior amenities include a welcoming front porch, sidewalks, an attached garage, and a paved driveway with additional off-street parking. With its prime location, strong rental history, and long-term tenants already in place, this property is an attractive opportunity for investors looking to capitalize on the robust State College rental market. Tenant occupied. A minimum of 24-hour notice is required for all showings.

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Single Family Active

Price

$ 499,000

Bedrooms

4

Full Bath

2

Property Type

Single Family

Taxes

$ 4,911

Style

Cape Cod

Lot Size

0.28

Year Built

1953

Town/City

State College

County/Region

Centre

MLS | Web ID

PACE2520636

Features
General
Living Area 2071
Sewer Private Sewer
Heating Forced Air
Cooling None
Utilities Electric Available Phone Available Sewer Available Water Available
Possession Negotiable
Roof Shingle
Zoning R1
Garage Spaces 1.00
Patio/Porch Features Porch(es)
Architectural Style Cape Cod
Construction Materials Brick
School District STATE COLLEGE AREA
Exclusions Electric fireplace insert and the switch plate (says Outen the Light) from the upstairs room to the left. Dehumidifier.
Year Built 1953
Levels 1.5
Tax Year 2026
Ownership Fee Simple
Cool Fuel None
Municipality STATE COLLEGE BORO
Accessibility None
County CENTRE
New Construction N
Property Type Residential
HOA N
Subdivision Name STATE COLLEGE BORO
Garage Y/N Y
Water Access Y/N N
Other Structures Above Grade Below Grade
Full Baths 2
Status ACTIVE
Directions From S. Atherton Street take Westerly Parkway east for about a mile then turn left onto S. Pugh Street. Continue a short distance and turn right onto E. McCormick Avenue. Follow E. McCormick Avenue a
City STATE COLLEGE
Disclosures Rental Permits
Senior Community Y/N N
MLS Area State College Boro (16436)
Lot Size Units Square Feet
Lot Size Square Feet 12197.00
Tax Annual Amount 4911.0
Structure Type Detached
Condo/Coop Association fee Y/N N
Bathrooms Full Main Level 1
Bathrooms Count Main Level 1.00
Price Per Sq Ft Total AG 367.99
Acceptable Financing Cash Conventional FHA VA
Historic Y/N N
Vacation Rental Y/N N
Standard Status Active
Year Built Source Assessor
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Interior
Heating Fuel Oil
Basement Full Partially Finished
Flooring Hardwood
Total Fireplaces 2
Fireplace Features Wood
Hot Water Electric
Basement (Y/N) Y
Heating Y/N Y
Fireplace Y/N Y
Above Grade Finished Area 1356
Half Baths 0
Central Air Y/N N
Total Bedrooms 4
Below Grade Finished Area 715
Main Level Bedrooms 2
Below Grade Finished Area Unit Type Square Feet
Below Grade Finished Area Source Assessor
Above Grade Finished Area Source Assessor
Above Grade Finished Area Unit Type Square Feet
Total Baths 2
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Exterior
Exterior Amenities Sidewalks
Pool No Pool
Parking Features Paved Driveway
Lot Features Year Round Access
Water Source Public
Inclusions Refrigerator stove dishwasher washer dryer
Garage Features Garage - Front Entry Inside Access
Type of Parking Attached Garage
Foundation Details Block
Water View Y/N N
Lot Size Acres 0.28
Road Surface Type Paved
Lot Size Source Assessor
Waterfront Y/N N
Horse Y/N N
Land Assessed Value 15315.00
Navigable Water Y/N N
Water Oriented Y/N N
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Internal Only
Street Number 1 240
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* Excluded Features
List By
Continental Real Estate Management

Broker

dave@continentalrealestate.net

Email

Affordability Calculator

$3,560
Per Month
89%
11%
0%
Monthly Principal & Interest
$3,151
Monthly Property Taxes
$409
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
4332378 Elementary School
4110841 Middle School
State College Area High School High School
Pricing History
DatePricePrice ChangeDescription
9/16/2026$499,000 Listed Price

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240 E Mccormick Avenue, State College, PA, 16801 is a Single Family Home for sale at $499,000 with 2,071 sqft and a lot size of 0.28. 240 E Mccormick Avenue has 4 bedrooms, 2.0 baths, and was built in 1953. The property's zip code is 16801 which is in State College, PA