Listed By:
RE/MAX Centre Realty
Address
720 W College Avenue, Bellefonte, PA
Price
$ 850,000
Property Attributes
  • MLS#PACE2305234
  • TypeCommercial
  • CountyCENTRE
  • CityBellefonte
  • AreaBenner Twp
  • Zip16823
  • StyleApartment Building
  • Price$ 850,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage1914
Data Source:
Bright MLS
Property Description

10.48 Acres Zoned Commercial with a fully rented duplex & two outbuildings included. Situated outside the quaint town of Pleasant Gap along Route 26/W College Ave. Located near established businesses which include Sunbelt Rentals, Encompass Health & the PennDOT Driver License Center. Recent subdivision completed by Henry Surveys is approved & recorded, property taxes will be adjusted accordingly. Unit #1 on the first floor - 2 bedrooms, 1 full bath is leased at $350/month, Unit #2 on the 2nd floor - 2 bedrooms, 1 full bath is leased at $400/month. Tenants are responsible for lawn care & snow removal, natural gas heat is paid by the 1st floor tenant. Neither tenant has a written lease however they have the following agreement with the current owner that the buyer/new owner agrees to allow the tenants to have up to 4 months after closing to either sign a lease with the new owner or vacate the property. All Mineral Rights Convey. Property is currently enrolled in Clean & Green, buyer will be responsible for re-enrollment.

Price History
2/8/2023 Listed $950,000
10/16/2023 11% - $850,000

General Features

Sewer Private Septic Tank
Heating Forced Air
Cooling None
Possession Other,Settlement
Roof Shingle
Zoning COMMERCIAL
Construction Materials Vinyl Siding
Exclusions Tenant owned washer & dryer
Year Built 1940
Stories 2
Property SubType Other
Tax Year 2021
Percent Ownership Other
Cool Fuel None
Business Type Apartment Building,Other
Accessibility None
County CENTRE
New Construction No
Property Type Commercial Sale
Subdivision Name NONE AVAILABLE
Water Access Y/N No
Status ACTIVE
Directions From the Nittany Mall,follow Route 26,go 3.2 miles property will be on your right after Sunbelt Rentals.
ModificationTimestamp 2023-10-16T11:13:53
City BELLEFONTE
Buyer Agent Compensation 2.7
Total Units 2
MLS Area Benner Twp (16412)
Tax Assessed Value 126070.0
Waterfront Y/N No
Street Name COLLEGE
Tax Annual Amount 0.0
Vacation Rental Y/N No
Days on Market 916
Building Area Units Square Feet
Standard Status Active
Year Built Source Estimated
Buyer Agent Compensation Type % Of Gross

Interior Features

Heating Fuel Natural Gas
Hot Water Electric
Heating Y/N Yes
Street Suffix AVENUE
Central Air Y/N No

Exterior Features

Water Source Well
Inclusions 2 refrigerators,2 ranges
Total Parking Spaces 5
Type of Parking Private Garage
Water View Y/N No
Building Area Total 0.00
Road Surface Type Paved
Navigable Water Y/N No
Water Oriented Y/N No
Car Parking Spaces 5

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Commercial Average in 16823

Price
AVG $620K
$850K
Visits
AVG 100
176
Data Provided by Inside Real Estate®
Year Built
AVG 1933
1940
Walkscore
AVG 43
8
Data Provided by Walkscore® not using MLS data

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