Address
240 E Mccormick Avenue, State College, PA
Price
$ 499,000
Property Attributes
- MLS#PACE2520636
- TypeSingle Family
- Listing Status ACTIVE
- CountyCENTRE
- CityState College
- AreaState College Boro
- NeighborhoodState College Boro
- Zip16801
- StyleCape Cod
- Year Built1953
- Taxes$ 4911
- Price$ 499,000
- Bedrooms4
- Full Bathrooms2
- Half Bathrooms0
- Sqr Footage2071
- Lot Size0.28 Acres
Data Source:
Bright MLS
Property Description
Generating $3,800 per month in rental income, this charming Cape Cod-style home, built in 1953 and rich with football history, presents an excellent investment opportunity in the highly desirable State College Borough. The property includes a rental permit allowing occupancy by up to four unrelated individuals and is currently tenant-occupied with leases in place through July 31, 2027, providing immediate and stable cash flow. Situated on a spacious 0.28-acre lot, this well-maintained home features a classic brick exterior and offers approximately 2,071 finished square feet of living space. The interior includes four bedrooms and two full bathrooms, providing ample room for tenants. A partially finished basement offers additional living, recreational, or storage space, creating further value and potential rental appeal. Exterior amenities include a welcoming front porch, sidewalks, an attached garage, and a paved driveway with additional off-street parking. With its prime location, strong rental history, and long-term tenants already in place, this property is an attractive opportunity for investors looking to capitalize on the robust State College rental market. Tenant occupied. A minimum of 24-hour notice is required for all showings.
| Elementary School | Middle School | High School |
|---|---|---|
| Easterly Parkway Elementary School | Mount Nittany Middle School | State College Area High School |
| Price History | |
|---|---|
| 9/16/2026 | Listed $499,000 |
General Features
| Living Area | 2071 |
|---|---|
| Sewer | Private Sewer |
| Heating | Forced Air |
| Cooling | None |
| Utilities | Electric Available,Phone Available,Sewer Available,Water Available |
| Possession | Negotiable |
| Roof | Shingle |
| Zoning | R1 |
| Garage Spaces | 1.00 |
| Patio/Porch Features | Porch(es) |
| Architectural Style | Cape Cod |
| Construction Materials | Brick |
| School District | STATE COLLEGE AREA |
| Exclusions | Electric fireplace insert and the switch plate (says Outen the Light) from the upstairs room to the left. Dehumidifier. |
| Year Built | 1953 |
| Levels | 1.5 |
| Tax Year | 2026 |
| Ownership | Fee Simple |
| Cool Fuel | None |
| Accessibility | None |
| County | CENTRE |
| New Construction | No |
| Property Type | Residential |
| HOA | No |
| Subdivision Name | STATE COLLEGE BORO |
| Garage Y/N | Yes |
| Water Access Y/N | No |
| Other Structures | Above Grade,Below Grade |
| Full Baths | 2 |
| Status | ACTIVE |
| Directions | From S. Atherton Street,take Westerly Parkway east for about a mile,then turn left onto S. Pugh Street. Continue a short distance and turn right onto E. McCormick Avenue. Follow E. McCormick Avenue,a |
| City | STATE COLLEGE |
| Disclosures | Rental Permits |
| Senior Community Y/N | No |
| MLS Area | State College Boro (16436) |
| Lot Size Units | Square Feet |
| Lot Size Square Feet | 12197.00 |
| Tax Assessed Value | 56115.0 |
| Tax Annual Amount | 4911.0 |
| Structure Type | Detached |
| Condo/Coop Association fee Y/N | No |
| Bathrooms Full Main Level | 1 |
| Bathrooms Count Main Level | 1.00 |
| Price Per Sq Ft Total AG | 367.99 |
| Acceptable Financing | Cash,Conventional,FHA,VA |
| Historic Y/N | No |
| Vacation Rental Y/N | No |
| Total SQFT | 2271 |
| Standard Status | Active |
| Year Built Source | Assessor |
Interior Features
| Heating Fuel | Oil |
|---|---|
| Basement | Full,Partially Finished |
| Flooring | Hardwood |
| Total Fireplaces | 2 |
| Fireplace Features | Wood |
| Hot Water | Electric |
| Basement (Y/N) | Yes |
| Heating Y/N | Yes |
| Fireplace Y/N | Yes |
| Above Grade Finished Area | 1356 |
| Central Air Y/N | No |
| Total Bedrooms | 4 |
| Below Grade Finished Area | 715 |
| Main Level Bedrooms | 2 |
| Below Grade Finished Area Unit Type | Square Feet |
| LivingAreaSource | Assessor |
| Below Grade Unfin Area Units | Square Feet |
| Below Grade Unfin SQFT | 200 |
| Below Grade Finished Area Source | Assessor |
| Bedrooms Count All Upper Levels | 2 |
| Bedrooms Count Upper Level 1 | 2 |
| Bathrooms Full Upper Level 1 | 1 |
| Bathrooms Full All Upper Levels | 1 |
| Bathrooms Count Upper Level 1 | 1.00 |
| Bathrooms Count All Upper Levels | 1 |
| Above Grade Unfin Area Units | Square Feet |
| Above Grade Finished Area Source | Assessor |
| Above Grade Finished Area Unit Type | Square Feet |
| Total Baths | 2 |
Exterior Features
| Exterior Amenities | Sidewalks |
|---|---|
| Pool | No Pool |
| Parking Features | Paved Driveway |
| Lot Features | Year Round Access |
| Water Source | Public |
| Inclusions | Refrigerator,stove,dishwasher,washer,dryer |
| Total Parking Spaces | 1 |
| Garage Features | Garage - Front Entry,Inside Access |
| Type of Parking | Attached Garage |
| Foundation Details | Block |
| Water View Y/N | No |
| Lot Size Acres | 0.28 |
| Road Surface Type | Paved |
| Lot Size Source | Assessor |
| Waterfront Y/N | No |
| Horse Y/N | No |
| Land Assessed Value | 15315.00 |
| Navigable Water Y/N | No |
| Water Oriented Y/N | No |
| # of Attached Garage Spaces | 1 |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Single Family Average in 16801
Price
Taxes
Year Built
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