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State College,PA 16801
Key Details
Property Type Condo
Sub Type Condo/Co-op
Listing Status Active
Purchase Type For Sale
Square Footage 460 sqft
Price per Sqft $410
Subdivision Armenara Plaza
MLS Listing ID PACE2515980
Style Unit/Flat
Bedrooms 1
Full Baths 1
Condo Fees $131/mo
HOA Y/N N
Abv Grd Liv Area 460
Year Built 1964
Annual Tax Amount $1,207
Tax Year 2024
Property Sub-Type Condo/Co-op
Source BRIGHT
Property Description
PSU Proximity Meets Portfolio Potential — Armenara Plaza Condo. Located just a block & a half from Penn State University, this 1-bedroom, 1-bathroom undergrad condo offers a golden opportunity to invest in one of State College's most consistently active rental markets. The unit features a living room & a well-appointed kitchen with appliances included. Currently leased through August 3, 2026 at $1,035/month, this property provides reliable income with minimal management headaches. The tenant covers cable, internet, and electric. The $131/month condo fee (paid by the seller) includes water, sewer & trash, professionally managed by Associated Property Management. Continental Real Estate handles unit oversight on behalf of the owner, offering peace of mind & streamlined operations. Whether you're expanding your portfolio or planting your first investment flag, this condo delivers location, longevity & low-maintenance appeal, all in one tidy package.
Location
State PA
County Centre
Area State College Boro (16436)
Zoning COMMERCIAL
Rooms
Other Rooms Living Room,Kitchen,Bedroom 1,Full Bath
Main Level Bedrooms 1
Interior
Hot Water Electric
Heating Baseboard - Electric
Cooling Central A/C
Inclusions Kitchen appliances
Fireplace N
Heat Source Electric
Exterior
Amenities Available None
View Y/N N
Water Access N
View City
Accessibility None
Garage N
Private Pool N
Building
Story 1
Unit Features Mid-Rise 5 - 8 Floors
Sewer Public Sewer
Water Public
Architectural Style Unit/Flat
Level or Stories 1
Additional Building Above Grade
New Construction N
Schools
School District State College Area
Others
Pets Allowed N
HOA Fee Include Water,Sewer,Trash
Senior Community No
Tax ID 36-013-,077-,D008-
Ownership Condominium
Horse Property N
Special Listing Condition Standard