124 BOALSBURG RD Active Save Request In-Person Tour Request Virtual Tour
State College,PA 16801
Key Details
Property Type Multi-Family
Sub Type Detached
Listing Status Active
Purchase Type For Sale
Square Footage 2,483 sqft
Price per Sqft $211
Subdivision Lemont
MLS Listing ID PACE2515274
Style Traditional,Victorian
Year Built 1930
Annual Tax Amount $2,963
Tax Year 2024
Lot Size 0.430 Acres
Property Sub-Type Detached
Property Description
This meticulously maintained 3-UNIT INVESTMENT PROPERTY offers a rare opportunity near Penn
State University, the Village of Lemont, and downtown State College. Perfect for an investor or
homeowner seeking affordable living (Live in 1 Unit and Rent the Other 2 Units).
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!
Location
State PA
County Centre
Area College Twp (16419)
Zoning R1
Interior
Hot Water Electric
Heating Baseboard - Electric,Forced Air
Cooling None
Flooring Carpet,Ceramic Tile,Hardwood
Inclusions Unit 124: Range, Washer, Dryer Unit 124A: Range, Refrigerator Unit 124B: Range, Refrigerator, Washer, Dryer
Equipment Dryer - Electric,Oven/Range - Electric,Refrigerator,Washer,Water Heater
Exterior
Exterior Feature Porch(es)
Garage Spaces 6.0
Water Access N
Roof Type Metal
Building
Lot Description Rear Yard
Foundation Block
Sewer Public Sewer
Water Public
Structure Type Dry Wall,Paneled Walls,Plaster Walls
New Construction N
Schools
School District State College Area
Others
Acceptable Financing Bank Portfolio,Cash,Conventional
Listing Terms Bank Portfolio,Cash,Conventional
Special Listing Condition Standard