940 946 Southgate Drive
State College, PA 16801
- – beds
- – baths
- 3,300 sqft
- 16,117 sqft lot
- $178 per sqft
- 1980 build
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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!
Listing courtesy of BRIGHT / RE/MAX Centre Realty
Last checked:
Checking…
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Last updated Dec 9, 2024
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MLS# PACE2511872 —
The Building
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Year Built:1980
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Year Built Source:Estimated
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Roof:Shingle
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New Construction:No
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Construction Materials:Stick Built, Vinyl Siding, Brick, Stucco
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Building Units Total:4
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Structure Type:Other
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Architectural Style:Other
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Accessibility Features:None
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Foundation Details:Slab
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Basement:No
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Total SqFt Source:Estimated
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Total Below Grade SqFt Source:Assessor
Interior
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Flooring Type:Carpet, Vinyl
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Fireplace:No
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Wall & Ceilings:Dry Wall
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Living Area SqFt Source:Estimated
Room Dimensions
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Total SqFt:3300
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Living Area SqFt:3,300 Sqft
Financial & Terms
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Sale Type:Standard
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Buyer Financing:Other
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Possession:Settlement
Location
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Directions:Blue Course Drive to Southgate Drive
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Latitude:40.77293000
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Longitude:-77.86219000
The Property
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Property Type:Multi-Family
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Property Subtype:Quadruplex
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Lot Size Units:Square Feet
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Lot Size Acres:0.37
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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:16,117 Sqft
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Inclusions:4 refrigerators, 4 ranges, 4 dishwashers, 4 washing machines & 4 dryers
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Zoning:R3B
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Zoning Description:Residence 3B
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Outdoor Living Structures:Deck(s), Porch(es)
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Other Structures:Above Grade, Below Grade
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Water View: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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Ground Rent Exists:No
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Riparian Rights:No
Listing Agent
- Contact info:
- Agent phone:
- (814) 280-2424
- Office phone:
- (814) 231-8200
Taxes
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Tax ID Number:36-020-,156-,0000-
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Tax Year:2024
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Tax Annual Amount:$6,228.90
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Tax Assessed Value:$79,205
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Year Assessed:2022
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School Tax:4033.34
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County Tax:620.97
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City/Town Tax:1574.60
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Total Taxes Payment Frequency:Annually
The Listing
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Close Sale Type:Standard Sale
Heating & Cooling
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Cooling Type:Wall Unit
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Central Air:No
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Cooling Fuel:Electric
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Heating:Yes
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Heating Type:Baseboard - Electric
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Heating Fuel:Electric
Utilities
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Sewer/Septic:Public Sewer
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Hot Water:Electric
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Water Source:Public
Schools
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School District Name:State College Area
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School District Source:Listing Agent
The Community
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Subdivision Name:State College Boro
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Pool:No Pool
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Association Recreation Fee:No
Parking
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Garage:No
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Type of Parking:Parking Lot
Extra Units
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Other Units:Unit 1,Unit 2,Unit 4,Unit 3
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Vacation Rental:No
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Two Bedroom Units:4
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).
Sale history
Date | Event | Source | Price | % Change |
---|---|---|---|---|
12/6/24
Dec 6, 2024
|
Sold | BRIGHT | $590,000 | -9.1% |
11/11/24
Nov 11, 2024
|
Pending | BRIGHT | $649,000 | |
9/18/24
Sep 18, 2024
|
Listed / Active | BRIGHT | $649,000 |