534 Clarence Ave, State College, PA 16803

$399,000
2,088
SqFt

Show Photos

Verify your account to unlock exclusive photos, mortgage tools, and more.

List Price
$399,000
Days on Market
19
MLS#
PACE2520394
Status
ACTIVE
Type
Multifamily
Style
Ranch/Rambler
Year Built
1958
County
Centre
Region
State College Boro (16436)
Neighborhood
College Heights
Subdivision
College Heights

Property Description

Bring your toolbelt and some imagination to 534–536 Clarence Avenue, a unique duplex opportunity in the desirable College Heights neighborhood of State College. just minutes from Penn State. The property consists of two spacious one-bedroom, two-bathroom units, with a living room, kitchen, fireplace, and large windows that bring in abundant natural light. Both units have current rental permits, and 534 Clarence Avenue also carries a student rental license permitting occupancy by up to three unrelated students—an especially valuable feature in State College Borough. Each unit is separately served by public water and sewer and has its own electric, natural gas, and refuse service. The property retains many of its original mid-century features, including parquet wood flooring, fireplaces, large expanses of glass, and a shared covered carport situated between the two units. The wooded 0.29-acre lot provides mature landscaping, shade, and a private setting. The property is being offered as a renovation opportunity. Unit 536 is substantially intact and functional but would benefit from updating, while Unit 534 is an unfinished renovation and will require additional work to complete the kitchen, bathrooms, and other interior finishes. This property presents an opportunity for an investor or owner looking to renovate and reposition a well-located State College duplex.

Additional Information

Acres
0.29
Lot Size
12,632
Living Area
2,088
Lot Description
Partly Wooded
High School
State College Area
Roof
Metal
Appliances
Dishwasher, Dryer, Oven/Range - Electric, Refrigerator
Cooling
None
Heating
Forced Air
Taxes
$4,877

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of Kissinger, Bigatel & Brower. Contact: (814) 234-4000