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429 E HAMILTON AVE State College, PA 16801
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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
Waterfront N
Water Access N
Road Frontage Boro/Township
Parking Type Parking Lot
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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Bought with Dale R Hirschbock • Pagoda Realty