Let's Talk! MoreMenu

429 E HAMILTON AVE, State College, Pennsylvania

$1,750,000Active

429 E HAMILTON AVE, State College, Pennsylvania 16801
- MLS® ID: 1000146062

Property Details

429 E HAMILTON AVE, State College, Pennsylvania 16801 - Student Housing University and township approved for up to 69 students. Fraternity Row the Pennsylvania State University State College Main Campus location. Within three blocks to Pennsylvania State University main campus and downtown State College. Beautiful stone manor home fraternity house over 11,000 square foot above grade square footage and an additional 6000 square foot below grade square footage. Economical natural gas heating system, all mechanical systems up and operational, fully maintained and under contracted maintenance program. Approved by Centre County and State College Borough for 69 occupants. Large on-site parking lot with road frontage on three sides, room to possibly expand. All on 0.84 acre m/l level lot with expansive green lawns, mature trees and shrubs and walkways. Own this recession resistant student housing in HAPPY VALLEY. Seldom available University Park/State College property. Proof of funding will be required. Funded principles only please. Recent commercial appraisal supports pricing on this great student housing property. Quarried true stone home with hardwood flooring, coif erred ceiling, two stone fireplaces flanking the formal entry hall. Covered pillared front entryway with quarry tile leads you into the center hall foyer. All bathrooms and showers have been recently remodeled and are fully functional. Expansive commercial grade kitchen with appliances and fixtures are fully operational. On site laundry facilities and equipment provide additional income stream for the new owners. All rooms are individually secured and in very good condition. Newer windows and doors throughout property. Professionally installed sprinkler system and security system with remote monitored camera system provide peace of mind and security. Extensive level mature grounds and trees with walkways and on site parking for clients add additional source of income for new buyers.

Amenities

  • Zip16801
  • CountyCentre
  • SQFT11100
  • StatusActive
  • Purchase TypeActive
  • Property typeCommercial
  • Year built1928
  • Lot size0.86
  • SewerPublic Sewer
  • ParkingStone
  • Tax amount$16,065.00
  • Tax year2018
  • MLS® ID1000146062

Listing Courtesy of Pagoda Realty & Property Management

Have Questions?

“Michael was a friend first, then the ultimate professional. His superior knowledge of the real estate market and procedures was very helpful in the sale and buying of our homes. His prompt re sponse to questions and keeping us informed was exemplary. I highly recommend, Michael.”

Call us
301-703-8607