238 E Fairmount Ave

State College, PA 16801 View Map $1,055,000 Ask a Question
Sq.Ft.5,625
Year1920
238 E Fairmount Ave State College, PA 16801 | commercial property for sale | KBB Photo 1
238 E Fairmount Ave State College, PA 16801 | commercial property for sale | KBB Map
KBB Realtors

KBB Realtors

(814) 234-4000

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Status: Sold
Property Type:Commercial
MLS #:PACE2509758
Sq. Feet:5,625
Date Sold:5/30/2024
Lot Size:0.35 Acres
County:Centre
Calling All Investors! Discover an exceptional opportunity with this 8-unit student rental property in the State College Boro. Located conveniently in downtown State College and near Penn State University, this property features a mix of units including one 3-bedroom unit, seven 1-bedroom units. Tenants can take advantage of off-street parking with the 24-space parking lot. Financial information is available upon request. Don't miss out on adding this unique property to your portfolio!

Detailed Maps

Price Change History

Date Old Price New Price Percent Change
5/31/2024$1,200,000$1,055,000-12.1%

Community Information

Address:238 E Fairmount Ave, State College, PA 16801
Area:State College Boro (16436)
County:Centre
City:State College
Subdivision:State College Boro
Zip Code:16801
Neighborhood:STATE COLLEGE BORO

Features / Amenities

Heating: Hot Water
Heating Fuel: Natural Gas
Hot Water: Natural Gas

Property Features

Lot Size: 0.35 Acres
Parking Types: Parking Lot
Parking Included In List Price: No
Car Parking Spaces: 24
Sewer: Public Sewer
Water: Public
Roads: Paved
Municipality: STATE COLLEGE BORO
Zoning:COMMERCIAL
Directions:S Allen Street to E Fairmont Avenue, right onto Berry Alley, property on the right.

Tax and Financial Info

Total Taxes: $8,769 (paid Annually)
Tax Year: 2024
New Financing: Cash
Ownership Type: Fee Simple
Homeowners' Assoc.: No

Schools

WALKING AND TRANSPORTATION

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Listing Information Last Updated 6/24/2024
Listing provided courtesy of Keller Williams Advantage Realty.