$1,350,000

beds

baths

2,813

square ft

820 S Pugh Street

STATE COLLEGE, Pennsylvania 16801

New / MLS #PACE2519916 / Single Family / STATE COLLEGE

Listing information updated 7/20/2026 at 6:03pm

Turnkey student rental investment steps from Penn State University. R3H-zoned 3-unit home rented under a single lease, currently 5 bedrooms/3 full baths/3 kitchens, presently occupied by 8 with permits on file for up to 13 - offering built-in upside for a new owner. Zero vacancy history; same tenant group (Penn State Snowboard Club) in place 4 years running, with plans to continue occupancy and they expect annual rent increases. Recent updates include remodeled kitchens and bathrooms, new deck, and all-new water heaters. Excellent opportunity for investors seeking a stabilized, income-producing property in a high-demand rental market. Permits, rent roll, and financials available upon request. Cash flow and cap rate details provided to qualified buyers.

Full Features

Architecture Style:

Cape Cod

Exterior Type:

Sidewalks

Basement:

Connecting Stairway,Outside Entrance

Beds Above Grade:

Beds Below Grade:

Cooling System:

None

Heating System:

Forced Air

Appliances:

Dryer, Refrigerator, Washer

Main Level Primary Bedroom:

Yes

Fireplace:

Pool:

Age:

86 Years

Roof Type:

Shingle

Parking Type:

Asphalt Driveway,Paved Parking

Parking Spaces:

Garage:

Garage

Water Front:

Square Feet:

2,813

Lot Size:

8276.00 Square Feet

Acreage:

0.19

Internal Features:

Wood Floors

Taxes & Assessments

Tax Amount:

$6,430

Tax Year:

2025

Location

Zip Code:

16801

City:

State College

County:

Centre

Schools

School District(s):

STATE COLLEGE AREA

Elementary School:

N/A

Middle School:

N/A

High School:

N/A

Architecture Style:

Cape Cod

Exterior Type:

Sidewalks

Basement:

Connecting Stairway,Outside Entrance

Beds Above Grade:

Beds Below Grade:

Cooling System:

None

Heating System:

Forced Air

Appliances:

Dryer, Refrigerator, Washer

Main Level Primary Bedroom:

Yes

Fireplace:

Pool:

Age:

86 Years

Roof Type:

Shingle

Parking Type:

Asphalt Driveway,Paved Parking

Parking Spaces:

Garage:

Garage

Water Front:

Square Feet:

2,813

Lot Size:

8276.00 Square Feet

Acreage:

0.19

Internal Features:

Wood Floors

Tax Amount:

$6,430

Tax Year:

2025

Zip Code:

16801

City:

State College

County:

Centre

School District(s):

STATE COLLEGE AREA

Elementary School:

N/A

Middle School:

N/A

High School:

N/A

Listing Office: Kissinger, Bigatel & Brower

Listing Office Phone: 814.234.4000

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