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Property Description
Lemont area four unit investment property with great rental history close to Penn State's Campus. Walking distance to the Village of Lemont, Cafe Lemont, Kamrai, Voodoo Brewery, Maine Bay and Berry, Happy Valley Brewery and more. A short distance to bike paths, Slab Cabin Park, and Mt. Nittany's hiking trails. Two duplexes on one lot with the front duplex having 4 -5 bedrooms and 2 bathrooms per side and the rear duplex having a 2 bedroom unit and 1 bedroom unit. The units have hardwood floors, nice trim, and plentiful windows. There is a laundry room for tenant use, parking for eight vehicles, a nice 1.17 acre yard backing to Spring Creek, and outdoor living areas like porches and a deck. A great location close to State College, Penn State, shopping, restaurants and highway access, plus it's on a bus line. Leases run through July 31, 2027 with gross rent of $75,600 for the 12 month period. Village zoning allows for many uses.
Property Features
Feature Descriptions
Local Schools
Listed By / Shown By
Listed By
Agency Name: RE/MAX Centre Realty
Agency Phone: 8142318200
Shown By
Agent Name: Carolyn Corr
Agent Phone: (610) 220-1454
Agency Title: Duffy Real Estate, Inc.
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Estimated Payment
$ 5,068.65 per month $4,196.85 Principal & Interest $616.58 Property Tax $255.21 Homeowner's Insurance
824 Elmwood Street | MLS# PACE2520596
This multi-family property located at 824 Elmwood Street, State College, PA 16801 is currently listed for sale with an asking price of $875,000. Elmwood Street is located within the STATE COLLEGE AREA school district. Search State College real estate on ccorr.duffyrealestate.com today.