940-946 SOUTHGATE DR Active Save Request In-Person Tour Request Virtual Tour
State College,PA 16801
Key Details
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Active
Purchase Type For Sale
Square Footage 3,300 sqft
Price per Sqft $196
Subdivision State College Boro
MLS Listing ID PACE2511872
Style Other
Year Built 1980
Annual Tax Amount $6,228
Tax Year 2024
Lot Size 0.370 Acres
Property Description
Fantastic Investment Opportunity for those looking to expand their portfolio! This fully rented Quadruplex is ideally situated in the heart of State College Borough, a highly sought-after area, close to Orchard Park, the YMCA, shopping, and a variety of dining options. Each of the four units offers 2 bedrooms, a full bathroom, a fully equipped kitchen with included appliances, and a laundry room complete with a stackable washer and dryer. Rental details include: Unit 940 rents for $1,200/month, Unit 942 rents for $1,200/month, Unit 944 rents for $925/month, and Unit 946 rents for $1,200/month, with all leases secured through July 29, 2025. Tenants are responsible for electric and cable/internet, with each unit featuring electric baseboard heat. Plenty of off street parking available for tenants. Located just 3 miles from Penn State University, this property presents an excellent opportunity in a prime location!
Location
State PA
County Centre
Area State College Boro (16436)
Zoning R3B
Interior
Hot Water Electric
Heating Baseboard - Electric
Cooling Wall Unit
Flooring Carpet,Vinyl
Inclusions 4 refrigerators, 4 ranges, 4 dishwashers, 4 washing machines & 4 dryers
Exterior
Exterior Feature Deck(s),Porch(es)
Waterfront N
Water Access N
Roof Type Shingle
Building
Foundation Slab
Sewer Public Sewer
Water Public
Structure Type Dry Wall
New Construction N
Schools
School District State College Area
Others
Special Listing Condition Standard