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sales rep | Brivity IDX

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227 - 231 Strouse Ave , State College, PA 16803
$669,900
Est. Payment: $3,618.92/mo
6 Bed
4 Bath
3664 Sqft
Status: active | Days on site: 143
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PERR670 - 3249442
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House Description

Don't miss this rare opportunity to own all three well-maintained condominium units located just minutes from Penn State University and conveniently situated along the CATA bus route. Whether you're looking to expand your investment portfolio or secure income-producing property in a highly desirable location, this package offers tremendous potential. Each of the three units features 2 bedrooms and 1.5 baths, along with private decks, kitchen appliances, and washer/dryers included. Unit 227 Strouse Avenue: Features a finished lower-level family room, laundry area, and bathroom. The basement bathroom remodel is scheduled for completion by the end of June 2026. Unit 229 Strouse Avenue: Offers a versatile lower-level family room that can also serve as a home office or den, along with a dedicated laundry area. Unit 231 Strouse Avenue: Includes a spacious lower-level family room, laundry area, and a full bathroom in the basement. Additional features include: Public water and sewer, Ceiling cable heating, Large private decks for each unit, Kitchen appliances included, Washer and dryer included in each unit, Strong rental potential due to proximity to Penn State University. Monthly condominium fee of $200 per unit covers: Common area maintenance, Exterior maintenance, Building insurance, Lawn care, Snow removal,Trash service. Properties offering three income-producing units in such a prime State College location are seldom available. Conveniently located near shopping, dining, public transportation, and Penn State University, this is an outstanding opportunity for investors seeking stable rental demand and long-term appreciation. Schedule your showing today and take advantage of this unique investment opportunity! *Photos are virtually stage and of only the vacant property currently*

Highlights

Listed by Annette Yorks , 8143600140 Perry Wellington Realty, LLC , 8142731446. Bright MLS

Property Type

Multi-Family

Year Built

1981

County

Centre

Area

Patton Twp (16418)

School District

State College Area

Listing ID

PACE2519270

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Interior Features

Bedrooms and Bathrooms
  • ▪ Bedrooms:6
  • ▪ Bathrooms:4
  • ▪ Full Bathrooms:4
Air Cond:Central A/C
Fireplaces:
Above Ground Sq Ft:3264
Below Ground Sq Ft:400
Basement:Partially Finished
Water:Public

Exterior Features

Lot:Not New Construction,Horse Property: No
Lot Dimensions:0.00 x 0.00
Garage Capacity:8
Zoning:R
Others:
  • ▪ Additional:Very Good
Sewer:Public Sewer
Parking Features:Paved Parking,Parking Lot,4+ Spaces,3+ Spaces,2+ Spaces,1+ Spaces
Principal Interest
$3,619
Taxes
$507

Home Price

$669,900

Loan Details

30 yrs
7.148%

Down Payment

20%
$133,980
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$3,618.92

Principal

Taxes

Principal Taxes HOA Total
Monthly $3,618.92 $506.75 $0.00 $4,125.67
Yearly $43,426.99 $6,081.00 $0.00 $49,507.99
Total $1,302,809.67 $182,430.00 $0.00 $1,485,239.67
Lender profile image
Chico Gordy
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Market insight data is pulled from the same city as the listing being viewed (State College, PA).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

Information provided by Bright MLS, and is deemed reliable but not guaranteed accurate.

IDX service by Blueroof 360

Data last updated: 2026-11-13T19:09:10.000Z

© 2026 Bright MLS