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411 MARTIN TERRACE, State College, PA 16803
$449,900 Asking Price
$---/mo Est. Payment Get Prequalified »
4
beds
2
baths
1,811
sqft
Built in
1950
Exceptionally well-maintained STUDENT PERMITTED RENTAL located blocks from campus! This property offers both a premier location and a space that defines flexibility! If you are looking for a solid investment opportunity, look no further! Live on floors one and two and rent out the basement apartment, or if you require less space, live on the lower level and rent out the main house. If you want the lifestyle of walking to campus and would appreciate significant rental income while maintaining privacy, this has it all. Both the main house and lower level apartment are super cute! The student rental permit is extremely valuable and highly coveted, a rare opportunity. Step inside from under the small porch, and you have a perfect landing spot for coats, book bags, and a handy closet. The family room boasts a beautiful fireplace and lots of natural light and connects to the dining room, offering extra cabinets with a granite countertop. The kitchen is efficient, neat, and clean. The hardwood floors are in pristine condition! The main floor primary bedroom offers a private study area with many bookshelves and natural light. The second bedroom wraps up the main floor with two corner windows. Upstairs is a massive flex space often used as a bedroom and lounge area with built cubbies galore. Both the main floor and lower-level baths are tastefully updated. The lower-level apartment is full of charm! You won’t want to leave this little landing spot. The open-concept apartment overlooks a private sanctuary boasting nature all around. The kitchen is delightfully simple! The lower-level common space is perfect for bike storage and hobbies and offers a massive laundry area. The self-contained owner's closet functions as the ideal maintenance room. A second self-contained room offers secure storage apart from the common space. Save money on heating bills with efficient gas hot water heat! Separate electric and water meters simplify billing. Ample off-street parking on a flat driveway.
Features & Amenities
Interior
- General:
- Built-Ins,Dining Area,Wood Floors
- Rooms:
- Living Room,Dining Room,Primary Bedroom,Bedroom 2,Bedroom 3,Bedroom 4,Kitchen,Family Room,Laundry,Bathroom 1,Bathroom 2,Bonus Room
- Appliances:
- Dishwasher,Refrigerator,Dryer - Electric,Oven/Range - Gas,Oven/Range - Electric,Washer,Water Heater - High-Efficiency
- Laundry:
- Basement
- Basement:
- Full,Outside Entrance,Partially Finished,Shelving,Walkout Level,Windows,Workshop,Interior Access,Heated
- Flooring:
- Carpet,Hardwood
- A/C:
- Window Unit(s),Wall Unit
- Heating:
- Y, Baseboard - Electric,Hot Water,Radiator, Electric,Natural Gas
- Fireplace:
- Non-Functioning, Fireplace, Fireplaces: 1
- Disability Feature:
- None
Exterior
- General:
- Sidewalks,Play Area, Above Grade,Below Grade
- Style:
- Cape Cod
- Parking:
- Paved Driveway
Construction
- Roofing:
- Metal
- Windows:
- Double Hung,Double Pane,Energy Efficient
- General:
- Vinyl Siding, 3, Block
Location
- Originating MLS:
- BRIGHT_MAIN
- School District:
- STATE COLLEGE AREA
- County:
- CENTRE
Lot
- Zoning:
- STUDENT RENTAL DUPLEX, 36-003-,076-,0000-
- View:
- Panoramic
- Current Use:
- 0
Utilities
- Utilities:
- Cable TV,Natural Gas Available,Electric Available
- Water:
- Public
- Sewer:
- Public Sewer
Financial
- Source:
- BRIGHT_MAIN
This listing courtesy of:
RE/MAX Centre Realty, Brian Rater
Monthly Payment
Disabled 10% or more?
Used a VA Loan before?
Eligible for BAH?
Do you have dependents?
Your BAH amount is for the military housing area.
Loan term (number of years)
Property taxes are generally around 1.2% of the home’s value, but may vary based on location.
Annual homeowners insurance is typically 0.35% of the home’s value but can vary based on insurer.
$---
Est. Payment *
- Principal & Interest $--
- Taxes $--
- Insurance $--
- VA Funding Fee $--
$--- Est. Payment - $--- BAH = $--- Remaining
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About State College, PA
Housing
- Number of Units
- 31,361
- Median Home Value
- $331,936
- Median Rent
- $1,059
60.82% of housing units are renter occupied.
9.31% are vacant.
Commute
- Car
-
46.79%
- Public Transportation
-
7.65%
- Walk to Work
-
11.47%
- Work from Home
-
31.65%
- Other
-
0.19%
The median travel time to work is 12 minutes.
People
- Population
- 80,812
- Median Age
- 31.00
- Median Household Size
- 2.58
Education
- High School
-
14.59%
- Associate’s Degree
-
4.79%
- Bachelor’s Degree
-
30.67%
- Graduate Degree
-
36.86%
Disclaimer: Community and Demographic information uses data from the U.S. Census Bureau but is not endorsed or certified by the Census Bureau.
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