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Three-Unit Student Rental Property

820 S Pugh Street State College, PA 16801

New
820 S Pugh Street, State College, PA, 16801
$1,350,000
For Sale
$1,350,000

R3H-zoned three-unit home with updated kitchens and baths, new deck, and new water heaters, currently under single-lease income.

Days on Market7

Property Features for 820 S Pugh Street

General Information

Standard status
Active
Property subtype
Commercial

Building Details

Year Built
1940
Listing Agency Kissinger,Bigatel & Brower
Listed by Ellen Kline · License #RS200089L
Source Deepcreeklake
Added: Jul 15 Updated: Jul 20 at 2:41 am Checked: Jul 20 at 2:41 am

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Kissinger,Bigatel & Brower


Investment Insights

Based on property information with market context.

This turnkey three-unit residence is offered as a stabilized student rental investment. The property is R3H-zoned and currently leased under a single lease arrangement, with the home presently configured as 5 bedrooms, 3 full bathrooms, and 3 kitchens, and currently occupied by 8 residents. Permits are on file to support up to 13 occupants, and the seller notes permits and documentation are available for review.

The home is described as having zero vacancy history and a consistent tenant group in place for the past four years. Recent updates include remodeled kitchens and bathrooms, a new deck, and all-new water heaters. Financial information and related materials are available upon request, including permits and a rent roll.

Arranged as a three-unit home under one lease, this property has been maintained with substantial interior and system upgrades, supporting dependable operations for an investor seeking income-producing real estate.

Key Highlights

  • 1940‑built, R3H‑zoned 3‑unit home currently rented under a single lease
  • Currently configured as 5 bedrooms, 3 full baths, and 3 kitchens; presently occupied by 8
  • Permits on file for up to 13 occupants

Property Analytics

Location Intelligence

Current Use by Public Records

Triplexes

Suggested Use

(Bike/Boat/Book/etc) Store Locksmith Plumbing Service (Bike/Boat/Book/etc) Store Florist Veterinary Clinic Storage Facility Home Appliance Store Pet Store (Bike/Boat/Book/etc) Store

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Triplex - R3H-zoned three-unit home with updated kitchens and baths, new deck, and new water heaters, currently under single-lease income.
Where is this triplex located?
The property is located at 820 S Pugh Street State College, PA.
What is the asking price?
The asking price for this property is $1,350,000.
What are key features of this property?
This property features: 1940‑built, R3H‑zoned 3‑unit home currently rented under a single lease; Currently configured as 5 bedrooms, 3 full baths, and 3 kitchens; presently occupied by 8; Permits on file for up to 13 occupants
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