Pending

MLS: #PACE2520636, Listed By: David Fonash, Continental Real Estate Management, Source:Bright MLS

240 E Mccormick Avenue

STATE COLLEGE, PA 16801
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Bed 4

Bed

Bath 2

Bath

SqFt2,071

Sqft

Acres0.28

Acre(Lot)

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 va lue 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.

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Detail Ic Property Details

Property Type : Residential

Price : $499,000

AD Id : 91302367

MLS Id : PACE2520636

Beds : 4

Lot Size : 0.28 Acre

Living Area Size : 2,071 Sq. Ft

Tax Amount : $4,911

Year Built : 1953

Garage : 1

County : CENTRE

Subdivision: The Circles

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Map

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Feature Features

  • Bedroom Information

    Total beds: 4

    Bathroom Information

    Total Baths: 2 Full Baths: 2

    Room Information

    Has Basement: Yes Basement: Full, Partially Finished
  • Flooring Information

    Hardwood
  • Roofing Information

    Shingle
  • Interior Features

    Roof: Shingle Appliances: Electric Water Heater
  • Heating & Cooling

    Has Heating: Yes Heating: Oil, Forced Air Cooling: None

  • Building Information

    Year Built: 1953 Building Area Total: 2271 Construction Materials: Brick Patio And Porch Features: Porch Pool Features: None Private Pool: No

  • Lot Information

    Lot Size Acres: 0.28 Lot Size Source: Assessor Lot Size Square Feet: 12197

    Property Information

    Subdivision: STATE COLLEGE BORO Source Property Type: Residential Postal Code Plus 4: 6121 Zoning Description: R1 Property SubType: Single Family Residence Levels: One and One Half Property Age: 73

  • Listing Price Information

    Listing Price: $499000

  • Tax Information

    Parcel Number: 36-018-,368-0000 Tax Year: 2026 Annual Tax: $4911

  • Parking Information

    Parking Total: 1 Garage, Inside Entrance, Attached

    Garage Information

    Has Garage: Yes Has Attached Garage: Yes Garage Space: 1

  • School Information

    Elementary School: EASTERLY PARKWAY
    Junior High School: MOUNT NITTANY
    Senior High School: STATE COLLEGE AREA
  • Utility Information

    Phone Available, Sewer Available, Water Available, Electricity Available
  • Location Information

    Direction: 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, and 240 E. McCormick Avenue will be on your right. WaterSource: Public
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
165 Mccann Drive, State College, PA, 16801 $715,000 4 4 3,949 0.22 Acre
208 Sussex Drive, State College, PA, 16801 $714,900 3 2 1,971 --
202 Sussex Drive, State College, PA, 16801 $739,900 3 3 2,742 --
265 Jay Lane, State College, PA, 16801 $449,900 3 3 2,546 0.22 Acre
102 Abbott Lane, State College, PA, 16801 $560,000 3 3 2,508 --
246 First Avenue, State College, PA, 16801 $374,900 3 3 1,916 0.21 Acre
2673 Penbrook Lane, State College, PA, 16801 $460,000 5 4 2,098 0.17 Acre
248 Ivy Hill Drive, State College, PA, 16801 $779,900 4 4 3,628 0.80 Acre
160 Lower Grandview Road, State College, PA, 16801 $2,450,000 4 4 5,711 14.58 Acres
125 Holly Ridge Drive, State College, PA, 16801 $1,399,000 5 5 6,488 0.55 Acre

The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which ByOwner participates, and is provided by BRIGHT through a licensing agreement. The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on this website may no longer be available because they are under contract, have closed or are no longer being offered for sale. Information Deemed Reliable But Not Guaranteed. Copyright © 2026 Bright MLS. All rights reserved.

ByOwner last updated this listing 09/30/2026 @ 17:24

MLS: PACE2520636 LISTED BY: David Fonash, Continental Real Estate Management 814-238-1598 SOURCE: Bright MLS

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