Rare opportunity to own a fraternity within blocks of downtown and Penn State's campus. Built in 2005, this is one of the newest fraternity buildings in town. The property features 17 bedrooms and has a maximum occupancy of 34, with valid rental permits. Central air and forced gas heat in common areas, along with separate heating/cooling units in most bedrooms. Features include a commercial kitchen installed in 2010 and a professionally installed sprinkler system. Earn extra income with the on-site parking lot with 17 parking spaces. Contact listing agent with questions including additional uses for the property. Financials available upon request.
Off market
$1,795,400
500 S Allen St, State College, PA 16801
17beds
11,386sqft
SingleFamily
Built in 2005
0.34 Acres Lot
$1,795,400 Zestimate®
$158/sqft
$2,559 Estimated rent
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