About 820 S Pugh St
Turnkey student rental investment steps from Penn State University. R3H-zoned 3-unit home rented under a single lease, currently 5 bedrooms/3 full baths/3 kitchens, presently occupied by 8 with permits on file for up to 13 — offering built-in upside for a new owner. Zero vacancy history; same tenant group (Penn State Snowboard Club) in place 4 years running, with plans to continue occupancy and they expect annual rent increases. Recent updates include remodeled kitchens and bathrooms, new deck, and all-new water heaters. Excellent opportunity for investors seeking a stabilized, income-producing property in a high-demand rental market. Permits, rent roll, and financials available upon request. Cash flow and cap rate details provided to qualified buyers.
Features of 820 S Pugh St
| MLS® # | PACE2519916 |
|---|---|
| Price | $1,250,000 |
| Bedrooms | 6 |
| Bathrooms | 3.00 |
| Full Baths | 3 |
| Square Footage | 2,813 |
| Acres | 0.19 |
| Year Built | 1940 |
| Type | Residential |
| Sub-Type | Detached |
| Style | Cape Cod |
| Status | Active |
Community Information
| Address | 820 S Pugh St |
|---|---|
| Area | State College Boro |
| Subdivision | STATE COLLEGE BORO |
| City | STATE COLLEGE |
| County | CENTRE-PA |
| State | PA |
| Municipality | STATE COLLEGE BORO |
| Zip Code | 16801 |
Amenities
| Amenities | Wood Floors |
|---|---|
| Parking | Asphalt Driveway, Paved Parking |
| # of Garages | 2 |
| Garages | Garage - Front Entry |
| Is Waterfront | No |
Interior
| Appliances | Dryer, Refrigerator, Washer |
|---|---|
| Heating | Forced Air |
| Cooling | None |
| Has Basement | Yes |
| Basement | Connecting Stairway, Outside Entrance |
| Fireplace | No |
| Stories | 1 |
Exterior
| Exterior | Aluminum Siding |
|---|---|
| Exterior Features | Sidewalks,Deck(s),Patio(s) |
| Windows | Vinyl Clad |
| Roof | Shingle |
| Construction | Aluminum Siding, Stick Built |
| Foundation | Block |
School Information
| District | STATE COLLEGE AREA |
|---|
Additional Information
| Date Listed | July 20th, 2026 |
|---|---|
| Days on Market | 54 |
| Zoning | R3H |
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Office | Kissinger, Bigatel & Brower |
|---|---|
| Contact Info | (814) 234-4000 |