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116 Penn St, Millheim, PA, 16854

3beds
1baths
2,204sqft
$186,000
$84price/sqft
$1,407/moest. monthly cost
$56,280/yrincome needed

About This Home

Step into the charm and potential of this 1880s home located in the heart of Millheim. This 3-bedroom, 1-bath property offers a unique opportunity for both homeowners and investors alike, blending historic character with future upside. The fully finished downstairs provides a comfortable and functional living space, featuring beautiful original hardwood floors in select rooms that highlight the timeless craftsmanship of the home. With key living areas already complete, this property is move-in ready while still offering room to grow. Upstairs, you’ll find incredible potential to expand and customize to your needs. Whether you envision additional bedrooms, a second living space, or a full renovation, the upper level is a blank canvas waiting to be transformed. The attic space adds even more opportunity for finishing, storage, or creative use. This layout makes the home ideal for a buyer looking to live comfortably on the main level while completing renovations upstairs over time. For investors, the property presents strong potential to be converted into a multi-unit, creating a cash-flowing asset in a desirable small-town location. Situated in Millheim, you’ll enjoy the charm of a quiet community while still being conveniently located just 15 minutes from Centre Hall and approximately 30 minutes from State College, offering easy access to shopping, dining, and Penn State. Whether you’re looking for a place to call home with room to grow or your next investment opportunity, this property delivers character, flexibility, and long-term value.

Getting Around

46
WalkingCar-Dependent
0
TransitVery Limited Transit
37
BikeSomewhat Bikeable

Construction

Condition

  • Year built: 1880

Materials

  • Foundation: Stone
  • Roof: Metal,Shingle
  • Construction materials: Wood Siding

Notable Dates

  • Major remodel year: 2015

Type & Style

  • Home type: SingleFamily
  • Architectural style: Colonial,Victorian
  • Property subType: Single Family Residence

Interior

Appliances

  • Appliances included: Electric Water Heater
  • Laundry features: None

Basement

  • Area: 0

Basement

  • Has basement: Yes
  • Basement: Partial

Bedrooms & Bathrooms

  • Bedrooms: 3
  • Bathrooms: 1
  • Full bathrooms: 1
  • Main level bathrooms: 1
  • Main level bedrooms: 3

Features

  • Bathroom - Stall Shower
  • Flooring: Hardwood,Vinyl,Wood
  • Finished area below ground: 0
  • Finished area above ground: 2,204

Heating & Cooling

  • Heating features: Forced Air,Heat Pump,Oil,Electric
  • Cooling features: Central Air,Electric

Interior Area

  • Total structure area: 2,204
  • Total interior livable area: 2,204 sqft

Property

Accessibility

  • Accessibility features: Accessible Approach with Ramp

Details

  • Parcel number: 33005,097,0000
  • Zoning: R
  • Special condition: Standard

Features

  • Levels: Two
  • Stories: 2
  • Pool features: None
  • Patio & porch: Porch
  • Has view: Yes
  • View description: Street

Lot

  • Lot size: 8,276 sqft
  • Features: Rear Yard
  • Lot size dimensions: 0.00 x 0.00

Parking

  • Total spaces: 6
  • Parking features: Driveway
  • Has uncovered spaces: Yes
  • Uncovered spaces: 6