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820 S Pugh StreetState College, PA 16801Price: $1,250,000

  • Price: $1,250,000
  • 99 Days on Market
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Federal 30-year interest rate: 7.32% last updated on Oct 22, 2026
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  • 0.19Acreage
  • 1940Year Built
  • DowntownLocationType
  • 444Price Per Square Foot
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.
Listed by Ellen Kline of Kissinger,Bigatel & Brower

Driving Directions

Railey Vacations
Railey Vacations
Office: 301-387-2124
5 Vacation Way
McHenry, MD 21541

More Info

Location Information

  • UsmAreaState College - State College Boro

Parking

  • Parking FeaturesPaved Parking
  • Parking TypesDriveway

Basic Information

  • Date Listed07/17/2026

Location

  • Address820 S Pugh Street
  • Building Number820
  • CountyCentre
  • Cross StreetIrvin Avenue
  • DirectionsS. Atherton to Pugh. Or Easterly to S. Pugh.
  • IncorporatedcitynameState College Boro
  • StatePA
  • SubdivisionState College Boro
  • TownState College
  • Zip16801

Interior

  • FlooringCeramic Tile, Hardwood

Utilities

  • CoolingNone
  • Electric100 Amp Service,200+ Amp Service
  • Heat SystemBaseboard - Electric, Baseboard - Hot Water, Forced Air
  • Heating FuelElectric, Natural Gas
  • Heating YNYes
  • Internet ServicesCable
  • SewerPublic Sewer
  • Water HeaterElectric
  • Water SourcePublic

Basic Information

  • Broker NameKissinger, Bigatel & Brower
  • List Price$1,250,000
  • LocationTypeDowntown
  • MLS Area MajorState College Boro
  • MLS NumberPACE2519900
  • MLS Property TypeCommercial Sale
  • Price Per Square Foot444
  • Security FeaturesSmoke Detector
  • StatusACT
  • Units1

Building

  • Building Area SourceEstimated
  • Building Area Total2813
  • Construction MaterialsAluminum Siding, Stick Built
  • FoundationBlock, Stone
  • Total Garage And Parking Spaces8
  • Year Built1940

Exterior

  • RoofShingle

Other

  • View Count76

Tax Information

  • Assessment Year2026
  • City Town Tax$1,758
  • City Town Tax Payment FrequencyAnnually
  • County Tax$602
  • County Tax Payment FrequencyAnnually
  • School Tax$4,070
  • School Tax Payment FrequencyAnnually
  • Tax Assessment Amount$76,885
  • Tax Year2025
  • Taxes$6,430
  • Total Taxes Payment FrequencyAnnually

Property

  • Acreage0.19
  • Business TypeApartment Building
  • Lot Dimensions SourceAssessor
  • Lot Size Dimensions0.00 x 0.00
  • Lot Size SourceAssessor
  • Lot Size Square Feet8,276
  • New Construction YNN
  • Property ConditionVery Good
  • Property SubTypeOther
  • Road ResponsibilityBoro/Township
  • Road Surface TypePaved
  • ZoningR3H

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Copyright 2026 BRIGHT, All Rights Reserved.  Information Deemed Reliable But Not Guaranteed. The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which Railey Vacations participates, and is provided by BRIGHT through a licensing agreement. The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.Data last updated October 24, 2026. Some properties which appear for sale on this website may no longer be available because they are under contract, have Closed or are no longer being offered for sale.

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