843-877 Southgate Dr

State College, PA 16801 View Map $2,400,000 Schedule a Tour
Sq.Ft.17,160
Year1984
KBB Realtors

KBB Realtors

(814) 234-4000

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Status: Active
Property Type:Commercial
MLS #:PACE2504828
Sq. Feet:17,160
On Site:45 Days
Lot Size:1.9 Acres
County:Centre
Attention Investors! Looking to add to your portfolio? Check out Pheasant Run Townhomes, consisting of 18 fully rented units on 1.90 acres within the State College Borough backing to Orchard Park. Well-maintained units with a strong rental history. Built in 1984 & owned by current owners since 1996, there are Six 3 bedroom units & Twelve 2 bedroom units. Each unit boasts heat pumps & central air. Large off street paved/lighted parking area. Beautiful lush mature landscaping offering a private setting within the Borough. On the CATA Bus Route, close to downtown State College, schools, shopping, plenty of restaurants, YMCA & less than 3 miles to Penn State University. Professionally managed by Continental Real Estate allowing less headaches & worry for an investor. All roofs were replaced in 2010. THERE IS AN ASSUMABLE LOAN for qualified buyers.

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$000 Monthly Payment
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Community Information

Address:843-877 Southgate Dr, State College, PA 16801
County:Centre
Subdivision:Pheasant Run
Zip Code:16801
Neighborhood:PHEASANT RUN

Features / Amenities

Cooling: Central A/C
Cooling Fuel: Electric
Heating: Heat Pump(s)
Heating Fuel: Electric
Hot Water: Electric

Property Features

Lot Size: 1.9 Acres
Lot Dimensions:0.00 x 0.00
Parking: Private, Lighted Parking
Parking Types: Parking Lot
Parking Included In List Price: No
Car Parking Spaces: 36
TV/Cable/Com: Cable TV
Sewer: Public Sewer
Water: Public
Roads: Paved
Transportation: Bus Stop less than 1 mile
Municipality: STATE COLLEGE BORO
Zoning:R3B
Directions:Blue Course Drive to Southgate Drive, Pheasant Run Townhomes will be on your left. 48 HOUR NOTICE FOR ALL SHOWINGS.

Tax and Financial Info

Total Taxes: $22,467.07 (paid Annually)
Tax Year: 2022
School Tax: $14,516
Ownership Type: Fee Simple
Homeowners' Assoc.: No
City Tax Rate: $5,562.00 (Annually)
County Tax Rate: $2,388.00 (Annually)
Acceptable Financing: Assumption, Cash, Conventional, Other

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843-877 Southgate Dr State College,  PA 16801
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843-877 Southgate Dr State College, PA 16801
 
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Listing Information Last Updated 3/26/2023
Listing provided courtesy of RE/MAX Centre Realty ([email protected]).