125 W Park Ave, State College, PA 16803

Local realty services provided by:Better Homes and Gardens Real Estate GSA Realty
125 W Park Ave,State College, PA 16803
$715,000
  • 4 Beds
  • - Baths
  • 3,250 sq. ft.
  • Multi-family
  • Active
Listed by:tracy barter
Office:re/max centre realty
MLS#:PACE2513872
Source:BRIGHTMLS

Price summary

  • Price:$715,000
  • Price per sq. ft.:$220

About this home

Welcome to this prime investment opportunity! This fully rented boarding house is conveniently located across the street from campus, offering unmatched accessibility. No student rental permit is required since the property is a boarding house, making it a hassle-free addition to your portfolio. Don't miss this rare chance to own a high-demand property in an unbeatable location! The building consists of 9 units: 1st floor - 3 bedroom, 1 bath apartment with a private bathroom and kitchen (unit 1). 2nd floor front - 2 boarding rooms (units 4&5) with a shared kitchen and bathroom. 2nd floor rear - 3 boarding rooms (units 8, 9, & 10) with a shared kitchen and bathroom. 3rd floor - 2 boarding rooms (units 6 & 7) who use a 2nd floor kitchen and bathroom). Basement - 1 bedroom, 1 bathroom apartment with a private bathroom, kitchen, and separate entrance (unit 11). Total rents $6,715/month. There are 9 parking spots that are fully rented and gross $8,260/year. APOD is available upon request.

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Home facts

  • Year built:1926
  • Listing ID #:PACE2513872
  • Added:191 day(s) ago
  • Updated:September 29, 2025 at 01:35 PM

Rooms and interior

  • Bedrooms:4
  • Living area:3,250 sq. ft.

Heating and cooling

  • Heating:Hot Water, Natural Gas

Structure and exterior

  • Roof:Metal, Shingle
  • Year built:1926
  • Building area:3,250 sq. ft.
  • Lot area:0.21 Acres

Schools

  • High school:STATE COLLEGE AREA

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$715,000
  • Price per sq. ft.:$220
  • Tax amount:$5,803 (2025)

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