PA > State College > Lemont
State College, PA 16801,824-832 ELMWOOD ST
State College, PA 16801,824-832 ELMWOOD ST
State College, PA 16801,824-832 ELMWOOD ST
State College, PA 16801,824-832 ELMWOOD ST
State College, PA 16801,824-832 ELMWOOD ST
State College, PA 16801,824-832 ELMWOOD ST
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Nader Shirazi

Nader Shirazi

+1(202) 256-4690
Listed by Ryan S Lowe • RE/MAX Centre Realty
$ 899,000
Est. payment | /mo

3,034 SqFt

Save
$ 899,000
Est. payment | /mo
Save

3,034 SqFt

Key Details

Property Type Multi-Family

Sub Type Twin/Semi-Detached

Listing Status Active

Purchase Type For Sale

Square Footage 3,034 sqft

Price per Sqft $296

Subdivision Lemont

MLS Listing ID PACE2517280

Style Traditional

Abv Grd Liv Area 3,034

Year Built 1937

Annual Tax Amount $7,200

Tax Year 2025

Lot Size 1.170 Acres

Acres 1.17

Lot Dimensions 0.00 x 0.00

Property Sub-Type Twin/Semi-Detached

Source BRIGHT

Property Description

Excellent Investment Opportunity in State College. Add two fully rented duplexes to your portfolio with this rare offering on Elmwood Street. Situated on 1.17 acres backing to Spring Creek in a fantastic location near Glenn Park, Slab Cabin Park & the beloved village of Lemont, plus shopping, local eateries, downtown State College, Penn State University & quick access to Route 322/Mt. Nittany Expressway, this property combines strong rental history with unbeatable convenience. The front brick duplex at 824/828 Elmwood Street features a covered front porch & a covered rear second‑floor porch. Each unit offers 5 bedrooms & 2 full bathrooms, with leases in place through July 31, 2026. Current lease amounts: Unit #824 is $1,625/month & Unit #828 Elmwood is $1,650/month. Tenants pay electric, cable/internet, & natural gas. The rear wood‑sided duplex at 830/832 Elmwood Street boasts a new shingle roof installed in 2025. Unit 830 includes 1 bedroom & 1 full bathroom with a lease amount of $1,025/month, while Unit 832 offers 4 bedrooms & 1 full bathroom with a lease amount of $1,425/month. Leases are secured through July 31, 2026. Tenants pay electric and cable/internet, while the owner covers natural gas for these units. This fully leased property offers secured rental agreements through 2026, ensuring reliable future income & long‑term potential in one of the most desirable areas of Happy Valley.

Location

State PA

County Centre

Area College Twp (16419)

Zoning V

Rooms

Basement Full

Interior

Interior Features Attic, Built-Ins, Wood Floors

Hot Water Natural Gas

Heating Hot Water

Cooling None

Flooring Hardwood, Vinyl, Laminated

Inclusions 4 refrigerators and 4 ovens

Fireplace N

Heat Source Natural Gas

Exterior

Exterior Feature Porch(es), Roof, Balcony

Water Access N

View Creek/Stream, Trees/Woods

Roof Type Shingle

Accessibility None

Porch Porch(es), Roof, Balcony

Garage N

Building

Lot Description Stream/Creek

Foundation Other

Above Ground Finished SqFt 3034

Sewer Public Sewer

Water Public

Architectural Style Traditional

Additional Building Above Grade, Below Grade

Structure Type 9'+ Ceilings,Plaster Walls

New Construction N

Schools

School District State College Area

Others

Tax ID 19-014-,017A,0000-

Ownership Fee Simple

SqFt Source 3034

Special Listing Condition Standard

Bright MLS (BMLS)

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Nader Shirazi
Nader Shirazi

Agent

+1(202) 256-4690

1350 Florida Ave NE, Washington, DC, 20002, United States

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824-832 ELMWOOD ST

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