Description
Meticulously maintained, this folk victorian-style triplex offers a rare investment opportunity near penn state university, the village of lemont, and downtown state college.
unit 124, located on the right side, is a two-story unit featuring two bedrooms, one bathroom, a kitchen, living room, dining room, and laundry in the basement. recently updated, it showcases refinished hardwood floors, fresh paint, modern kitchen appliances, and an upgraded bathroom.
unit 124a, situated to the left of unit 124, is a two-story, one-bedroom unit with an open-concept main level and a private bedroom suite with a vaulted ceiling on the second floor. it is currently leased through october 31st at $815/month, with the tenant responsible for all utilities.
unit 124b, located on the lower level, offers an open floor plan with a galley-style kitchen, a separate office area, its own laundry room, and an enclosed porch. this unit is leased through august 1st, for $835/month, with the tenant paying all utilities.
property improvements include new vinyl siding and decorative gingerbread trim, a new metal roof, composite decking, and a new steel chimney liner—all completed within the last three years.
with the potential for substantial future rent increases, investment properties of this caliber are seldom available. schedule your showing today!
Property Type
Multi-FamilyCounty
CENTREStyle
Traditional,VictorianAD ID
50210812
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Property Details
-
Interior Features
Water/Sewer
- Water Source : Public
Room Information
- Patio/Porch Features: Porch(es)
Interior Features
- Attic,Bathroom - Walk-In Shower,Built-Ins,Dining Area,Wood Floors
- Roof : Metal
- Basement Description: Partially Finished
- Property Appliances: Dryer - Electric,Oven/Range - Electric,Refrigerator,Washer,Water Heater
Roofing Information
- Metal
Heating & Cooling
- Cooling: None
- Heating: Baseboard - Electric,Forced Air
- Cooling Fuel: None
- Heating Fuel: Electric,Oil
Window Information
- Window Treatments: Double Hung,Vinyl Clad
-
Exterior Features
Building Information
- Year Built: 1930
- Structure: Detached
- Major Appliances: Dryer - Electric,Oven/Range - Electric,Refrigerator,Washer,Water Heater
- New Construction: No
- Total Units: 3
- Built: 1930
- Construction Material: Vinyl Siding
- Security System: Smoke Detector
- Roof: Metal
- Foundation/Basement: Block
- Architecture: Traditional,Victorian
- Pool/Private: No Pool
- Roof Type: Metal
Pool Information
- Pool: No Pool
Utility Features
- Sewer: Public Sewer
Water
- Water Heat: Electric
-
Property / Lot Details
Lot Information
- Lot Size: 18,731
- Dimensions: 0.00 x 0.00
- Lot Size (Acres): 0.43
- Architectural Style: Traditional,Victorian
- Main Square Feet: 18,731
Property Information
- SQ ft: 2,924
- SQ ft (Living Area): 2,483
- Total Lot SQ ft: 18,731
- Subdivision: LEMONT
- Financing: Bank Portfolio,Cash,Conventional
- Appx. Lot Dimensions: 0.00 x 0.00
- Total Acreage: 0.43
- New Construction: No
- Type: Traditional,Victorian
-
Listing Information
Listing Information
- Possession: Settlement
- Days Of Market: 2
-
Taxes / Assessments
Tax Information
- Annual Tax: $2,963
- Tax Year: 2024
- Total Taxes Payment Frequency: Annually
Possession
- Settlement
Assessment Information
- Taxes Assessment Amount: $45,675
-
Virtual Tour, Parking, Multi-Unit Information & Homeowners Association
Parking Information
- Parking Features: Gravel Driveway
- Parking Type: Off Street
Multi-Unit Information
- Acceptable Financing: Bank Portfolio,Cash,Conventional
- Road Surface: Paved
- Roof: Metal
Homeowners Association Information
- Direction: East College Avenue to Elmwood Street. Straight through stop light. Elmwood Street becomes Boalsburg Road. Property on the right.
-
School, Utilities & Location Details
School Information
- School District: STATE COLLEGE AREA
Utility Information
- Water Source: Public
- Sewer: Public Sewer
- Cooling Fuel: None
- Heating Fuel: Electric,Oil
- Hot Water: Electric
Location Information
- Location Type: Suburban
- Direction: East College Avenue to Elmwood Street. Straight through stop light. Elmwood Street becomes Boalsburg Road. Property on the right.
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BuyOwner last updated this listing 06/21/2025 @ 00:53
- MLS: PACE2515274
- LISTING PROVIDED COURTESY OF: ,
- SOURCE: BRIGHT MLS
is a Other, with 0 bedrooms which is for sale, it has 2,698 sqft, 18,731 sized lot, and 0 parking. are nearby neighborhoods.