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Heather Howell

[email protected] +1(410) 533-4688

Listed by David Fonash • Continental Real Estate Management

$ 499,000

Est. payment -/mo

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240 E MCCORMICK AVE State College, PA 16801

4 Beds

2 Baths

2,071 SqFt

UPDATED:

Key Details

Property Type Single Family Home

Sub Type Detached

Listing Status Active

Purchase Type For Sale

Square Footage 2,071 sqft

Price per Sqft $240

Subdivision State College Boro

MLS Listing ID PACE2520636

Style Cape Cod

Bedrooms 4

Full Baths 2

HOA Y/N N

Abv Grd Liv Area 1,356

Year Built 1953

Annual Tax Amount $4,911

Tax Year 2026

Lot Size 0.280 Acres

Acres 0.28

Property Sub-Type Detached

Source BRIGHT

Property Description

Generating $3,800 per month in rental income, this charming Cape Cod-style home, built in 1953 and rich with football history, presents an excellent investment opportunity in the highly desirable State College Borough. The property includes a rental permit allowing occupancy by up to four unrelated individuals and is currently tenant-occupied with leases in place through July 31, 2027, providing immediate and stable cash flow.

Situated on a spacious 0.28-acre lot, this well-maintained home features a classic brick exterior and offers approximately 2,071 finished square feet of living space. The interior includes four bedrooms and two full bathrooms, providing ample room for tenants. A partially finished basement offers additional living, recreational, or storage space, creating further value and potential rental appeal.

Exterior amenities include a welcoming front porch, sidewalks, an attached garage, and a paved driveway with additional off-street parking. With its prime location, strong rental history, and long-term tenants already in place, this property is an attractive opportunity for investors looking to capitalize on the robust State College rental market.

Tenant occupied. A minimum of 24-hour notice is required for all showings.

Location

State PA

County Centre

Area State College Boro (16436)

Zoning R1

Rooms

Basement Full, Partially Finished

Main Level Bedrooms 2

Interior

Hot Water Electric

Heating Forced Air

Cooling None

Flooring Hardwood

Fireplaces Number 2

Fireplaces Type Wood

Inclusions Refrigerator, stove, dishwasher, washer, dryer

Fireplace Y

Heat Source Oil

Exterior

Exterior Feature Porch(es)

Parking Features Garage - Front Entry, Inside Access

Garage Spaces 1.0

Utilities Available Electric Available, Phone Available, Sewer Available, Water Available

Water Access N

Roof Type Shingle

Street Surface Paved

Accessibility None

Porch Porch(es)

Attached Garage 1

Total Parking Spaces 1

Garage Y

Private Pool No

Building

Lot Description Year Round Access

Story 1.5

Foundation Block

Above Ground Finished SqFt 1356

Sewer Private Sewer

Water Public

Architectural Style Cape Cod

Level or Stories 1.5

Additional Building Above Grade, Below Grade

New Construction N

Schools

Elementary Schools Easterly Parkway

Middle Schools Mount Nittany

High Schools State College Area

School District State College Area

Others

Senior Community No

Tax ID 36-018-,368-0000

Ownership Fee Simple

SqFt Source 2071

Acceptable Financing Cash, Conventional, FHA, VA

Horse Property N

Listing Terms Cash, Conventional, FHA, VA

Financing Cash,Conventional,FHA,VA

Special Listing Condition Standard

NEARBY SCHOOLS & PROPERTIES

Heather Howell

License ID: 651129

+1(410) 533-4688

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