Fantastic Investment Opportunity for those looking to expand their portfolio! This fully rented Quadruplex is ideally situated in the heart of State College Borough, a highly sought-after area, close to Orchard Park, the YMCA, shopping, and a variety of dining options. Each of the four units offers 2 bedrooms, a full bathroom, a fully equipped kitchen with included appliances, and a laundry room complete with a stackable washer and dryer. Rental details include: Unit 940 rents for $1,200/month, Unit 942 rents for $1,200/month, Unit 944 rents for $925/month, and Unit 946 rents for $1,200/month, with all leases secured through July 29, 2025. Tenants are responsible for electric and cable/internet, with each unit featuring electric baseboard heat. Plenty of off street parking available for tenants. Located just 3 miles from Penn State University, this property presents an excellent opportunity in a prime location!
Sold for $590,000 on 12/06/24
$590,000
940-946 Southgate Dr, State College, PA 16801
8beds
4baths
3,300sqft
Quadruplex
Built in 1980
-- sqft lot
$609,600 Zestimate®
$179/sqft
$-- Estimated rent
What's special
Zillow last checked: 7 hours ago
Listing updated: December 09, 2024 at 01:01am
Listed by:
Ryan S Lowe 814-280-2424,
RE/MAX Centre Realty,
Listing Team: Linda & Ryan Lowe Team
Bought with:
Rick Swanger, RS182055L
RE/MAX Centre Realty
Source: Bright MLS,MLS#: PACE2511872

Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 8
- Bathrooms: 4
Basement
- Area: 0
Heating
- Baseboard, Electric
Cooling
- Wall Unit(s), Electric
Appliances
- Included: Electric Water Heater
Features
- Dry Wall
- Flooring: Carpet, Vinyl
- Has basement: No
- Has fireplace: No
Interior area
- Total structure area: 3,300
- Total interior livable area: 3,300 sqft
Property
Parking
- Parking features: Parking Lot
Accessibility
- Accessibility features: None
Features
- Patio & porch: Deck, Porch
- Pool features: None
Lot
- Size: 0.37 Acres
Details
- Additional structures: Above Grade, Below Grade
- Parcel number: 36020,156,0000
- Zoning: R3B
- Zoning description: Residence 3B
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Other
- Property subtype: Quadruplex
Materials
- Stick Built, Vinyl Siding, Brick, Stucco
- Foundation: Slab
- Roof: Shingle
Condition
- New construction: No
- Year built: 1980
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & neighborhood
Location
- Region: State College
- Subdivision: State College Boro
- Municipality: STATE COLLEGE BORO
Other
Other facts
- Listing agreement: Exclusive Right To Sell
- Ownership: Fee Simple
Services availability

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