125 W Park Avenue
State College, PA 16803
- – beds
- – baths
- 3,250 sqft
- 9,148 sqft lot
- $230 per sqft
- 1926 build
Welcome to this prime investment opportunity! This fully rented boarding house is conveniently located across the street from campus, offering unmatched accessibility. No student rental permit is required since the property is a boarding house, making it a hassle-free addition to your portfolio. Don't miss this rare chance to own a high-demand property in an unbeatable location! The building consists of 9 units: 1st floor - 3 bedroom, 1 bath apartment with a private bathroom and kitchen (unit 1). 2nd floor front - 2 boarding rooms (units 4&5) with a shared kitchen and bathroom. 2nd floor rear - 3 boarding rooms (units 8, 9, & 10) with a shared kitchen and bathroom. 3rd floor - 2 boarding rooms (units 6 & 7) who use a 2nd floor kitchen and bathroom). Basement - 1 bedroom, 1 bathroom apartment with a private bathroom, kitchen, and separate entrance (unit 11). Total rents $6,715/month. There are 9 parking spots that are fully rented and gross $8,260/year. APOD is available upon request. Schedule your tour today!
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Last updated Mar 28, 2025
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MLS# PACE2513872 —
The Building
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Year Built:1926
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Year Built Source:Assessor
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Roof:Metal, Shingle
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New Construction:No
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Construction Materials:Brick
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Building Units Total:1
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Structure Type:Detached
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Historic:No
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Architectural Style:Other
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Accessibility Features:None
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Foundation Details:Other
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Basement:Yes
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Basement Type:Combination
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Total SqFt Source:Estimated
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Total Below Grade SqFt:750
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Total Below Grade SqFt Source:Assessor
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Tax Total Finished SqFt:3250
Interior
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Fireplace:No
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Living Area SqFt Source:Estimated
Room Dimensions
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Total SqFt:3250
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Living Area SqFt:3,250 Sqft
Financial & Terms
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Sale Type:Standard
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Acceptable Financing:Cash, Other, Bank Portfolio
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Possession:Settlement
Location
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Directions:Atherton Street to Park Avenue, property is on the left across from campus.
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Latitude:40.79958000
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Longitude:-77.87050000
The Property
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Property Type:Multi-Family
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Property Subtype:Other
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Lot Size Units:Square Feet
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Lot Size Acres:0.21
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Lot Size Source:Assessor
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Lot Size Dimensions:0.00 x 0.00
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Lot Dimensions Source:Assessor
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Lot SqFt:9,148 Sqft
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Inclusions:All built in appliances and refrigerators.
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Exclusions:Tenant possessions
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Zoning:R2
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Road Surface Type:Paved
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Other Structures:Above Grade, Below Grade
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Waterview:No
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Waterfront:No
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Water Oriented:No
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Water Access:No
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Navigable Water:No
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Tidal Water:No
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Riparian Rights:No
Listing Agent
- Contact info:
- Agent phone:
- (814) 883-5114
- Office phone:
- (814) 231-8200
Taxes
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Tax ID Number:36-004-,291-,0000-
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Tax Year:2025
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Tax Annual Amount:$5,803
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Tax Assessed Value:$73,800
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Year Assessed:2025
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School Tax:3758.0
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County Tax:578.00
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City/Town Tax:1688.00
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Total Taxes Payment Frequency:Annually
Heating & Cooling
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Cooling Type:None
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Central Air:No
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Cooling Fuel:None
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Heating:Yes
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Heating Type:Hot Water
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Heating Fuel:Natural Gas
Utilities
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Sewer/Septic:Public Sewer
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Hot Water:Other
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Water Source:Public
Schools
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High School:STATE COLLEGE AREA
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School District Name:State College Area
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School District Source:3rd Party
The Community
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Subdivision Name:College Heights
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Pool:No Pool
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Association Recreation Fee:No
Parking
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Total Garage and Parking Spaces:9
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Garage:No
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Type of Parking:Off Street
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Off Street - # of Spaces:9
Extra Units
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Vacation Rental:No
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Single Room Units:7
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One Bedroom Units:1
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Three Bedroom Units:1
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Max Internet Speed
Provided by BroadbandNow®
This is the maximum advertised internet speed available for this home. Under 10 Mbps is in the slower range, and anything above 30 Mbps is considered fast. For heavier internet users, some plans allow for more than 100 Mbps.
Sale history
Date | Event | Source | Price | % Change |
---|---|---|---|---|
3/24/25
Mar 24, 2025
|
Pending | BRIGHT | $750,000 | |
3/21/25
Mar 21, 2025
|
Listed / Active | BRIGHT | $750,000 |