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227 - 231 Strouse Avenue, State College, PA 16803

$735,000
  • 227 - 231 Strouse Avenue, State College, PA 16803 Main Photo

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New to the Market ACTIVE
BEDS0 BATHS SQUARE FEET3,664 MLS#PACE2519270
STATUSACTIVE PROPERTY TYPEMulti Unit - Multiple SCHOOLSTATE COLLEGE AREA

Property Description

Don't miss this rare opportunity to own all three well-maintained condominium units located just minutes from Penn State University and conveniently situated along the CATA bus route. Whether you're looking to expand your investment portfolio or secure income-producing property in a highly desirable location, this package offers tremendous potential. Each of the three units features 2 bedrooms and 1.5 baths, along with private decks, kitchen appliances, and washer/dryers included. Unit 227 Strouse Avenue: Features a finished lower-level family room, laundry area, and bathroom. The basement bathroom remodel is scheduled for completion by the end of June 2026. Unit 229 Strouse Avenue: Offers a versatile lower-level family room that can also serve as a home office or den, along with a dedicated laundry area. Unit 231 Strouse Avenue: Includes a spacious lower-level family room, laundry area, and a full bathroom in the basement. Additional features include: Public water and sewer, Ceiling cable heating, Large private decks for each unit, Kitchen appliances included, Washer and dryer included in each unit, Strong rental potential due to proximity to Penn State University. Monthly condominium fee of $200 per unit covers: Common area maintenance, Exterior maintenance, Building insurance, Lawn care, Snow removal,Trash service. Properties offering three income-producing units in such a prime State College location are seldom available. Conveniently located near shopping, dining, public transportation, and Penn State University, this is an outstanding opportunity for investors seeking stable rental demand and long-term appreciation. Schedule your showing today and take advantage of this unique investment opportunity! *Photos are virtually stage and of only the vacant property currently*

227 - 231 Strouse Avenue | MLS# PACE2519270

This multi-family property located at 227 - 231 Strouse Avenue, State College, PA 16803 is currently listed for sale with an asking price of $735,000. - 231 Strouse Avenue is located within the STATE COLLEGE AREA school district. Search State College real estate on www.joinrealtymark.net today.

Property Features

Property Type: Multi Unit - Multiple
Basement: Yes
Basement: Partially Finished
Cooling: Central A/C
Fuel Type: Electric
Heating: Baseboard - Electric, Ceiling
Taxes: $6,081
Year Built: 1981

Feature Descriptions

Additional Structures: Above Grade, Below Grade
Days on Site: 5
Municipality: PATTON TWP
Parking Notes: Paved Parking
Sewer: Public Sewer
Structure Type: Interior Row/Townhouse
Total Garage/Parking Spaces: 8
Two Bedroom Units: 3
Units: 3
Water: Public

Local Schools

High School: STATE COLLEGE AREA
Elementary School: PARK FOREST
School District: STATE COLLEGE AREA

Listed By / Shown By

Listed By

Agency Name: Perry Wellington Realty, LLC
Agency Phone: 8142731446

Shown By

Agency Title: RealtyMark
Agency Phone: 888-260-0040

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Estimated Payment

$ 2,356.92 per month $1,635.79 Principal & Interest $506.75 Property Tax $214.38 Homeowner's Insurance

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