State College, PA 16801,429 E HAMILTON AVE

$1,500,000

$1,750,000

14.3%
Est.Price: ?

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Est. payment /mo

0.86 Acres Lot


SOLD DATE : 07/20/2018

Key Details

Sold Price $1,500,000

Property Type Commercial

Listing Status Sold

Purchase Type For Sale

Subdivision None Available

MLS Listing ID 1000146062

Sold Date 07/20/18

HOA Y/N N

Originating Board TREND

Year Built 1928

Annual Tax Amount $16,065

Tax Year 2018

Lot Size 0.860 Acres

Acres 0.86

Lot Dimensions 251 X 152

Property Description

Fraternity Student Housing. Fraternity Row at 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. 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.

Location

State PA

County Other

Area Other Pennsylvania County (12500)

Zoning R2

Rooms

Other Rooms Primary Bedroom

Interior

Hot Water Natural Gas

Flooring Tile/Brick, Wood, Carpet, Vinyl, Heavy Duty, Laminated

Fireplace N

Exterior

Utilities Available Water Available, Sewer Available, Natural Gas Available, Electric Available, Phone, Cable TV Available

Water Access N

Road Frontage Boro/Township

Garage N

Building

Foundation Stone, Concrete Perimeter, Brick/Mortar

Sewer Public Sewer

Water Public

New Construction N

Others

Tax ID 36-13-437

Ownership Fee Simple

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William Kane Halick, MBA

William Kane Halick, MBA

+1(973) 354-5000

Our team is ready to help you sell your home for the highest possible price ASAP


Bright MLS (BMLS)
Listed by Dale R Hirschbock • Pagoda Realty
Bought with Dale R Hirschbock • Pagoda Realty
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Making real estate simple, fun and easy for you!

+1(973) 354-5000

bhalick@njhomesmart.com

1599 Hamburg Turnpike, Wayne, NJ, 07470

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