820 S Pugh St, State College, PA, 16801
About This Home
Turnkey student rental investment steps from Penn State University. R3H-zoned 3-unit home rented under a single lease, currently 5 bedrooms/3 full baths/3 kitchens, presently occupied by 8 with permits on file for up to 13 — offering built-in upside for a new owner. Zero vacancy history; same tenant group (Penn State Snowboard Club) in place 4 years running, with plans to continue occupancy and they expect annual rent increases. Recent updates include remodeled kitchens and bathrooms, new deck, and all-new water heaters. Excellent opportunity for investors seeking a stabilized, income-producing property in a high-demand rental market. Permits, rent roll, and financials available upon request. Cash flow and cap rate details provided to qualified buyers.
Getting Around
Very Walkable
Some Transit
Very BikeableSchools
Construction
Condition
- Property condition: Very Good
- Year built: 1940
Materials
- Foundation: Block
- Roof: Shingle
- Construction materials: Aluminum Siding,Stick Built
Type & Style
- Home type: SingleFamily
- Architectural style: Cape Cod
- Property subType: Single Family Residence
Interior
Appliances
- Appliances included: Dryer,Refrigerator,Washer,Electric Water Heater
Basement
- Has basement: Yes
- Basement: Connecting Stairway,Exterior Entry
Bedroom2
- Level: Main
Bedroom3
- Level: Main
Bedroom4
- Level: Upper
Bedroom5
- Level: Upper
Bedroom6
- Level: Lower
Bedrooms & Bathrooms
- Bedrooms: 6
- Bathrooms: 3
- Full bathrooms: 3
- Main level bathrooms: 1
- Main level bedrooms: 3
Family Room
- Level: Lower
Features
- Dry Wall,Plaster Walls
- Window features: Vinyl Clad
- Flooring: Ceramic Tile,Hardwood,Wood
- Finished area below ground: 462
- Finished area above ground: 2,351
Foyer
- Level: Main
Heating & Cooling
- Heating features: Forced Air,Natural Gas
- Cooling features: None
Interior Area
- Total structure area: 2,813
- Total interior livable area: 2,813 sqft
Kitchen
- Level: Main
Kitchen
- Level: Lower
Kitchen
- Level: Upper
Living Room
- Level: Main
Other
- Level: Main
Other
- Level: Upper
Other
- Level: Lower
Primary Bedroom
- Level: Main
Utility Room
- Level: Lower
Property
Accessibility
- Accessibility features: None
Details
- Parcel number: 36018,194,0000
- Zoning: R3H
- Special condition: Standard
Features
- Levels: One
- Stories: 1
- Pool features: None
- Patio & porch: Deck,Patio
- Exterior features: Sidewalks
Lot
- Lot size: 8,276 sqft
- Features: Downtown
- Lot size dimensions: 0.00 x 0.00
Parking
- Total spaces: 10
- Parking features: Garage Faces Front,Asphalt,Paved,Alley Access,Attached,Driveway,Garage
- Has garage: Yes
- Attached garage spaces: 2
- Covered spaces: 2
- Has uncovered spaces: Yes
- Uncovered spaces: 8
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Winter Weather
- Lightning
How This Home’s Risks Compare
FEMA Declared Disasters Across Pennsylvania Counties
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $6,826 | $81,912 |
| Home Insurance * | $376 | $4,512 |
| Property Taxes | $1,170 | $14,040 |
| Electricity | $308 | $3,703 |
| Total | $8,680 | $104,160 |
Income You'd Need if You Spent...
Pennsylvania FAIR Plan Programs
Insurance Placement Facility of Pennsylvania/FAIR Plan
Wildfire
Hail
WindHow Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-07-14 | Listed for sale | $1,350,000 |
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