About 240 E Mccormick Ave
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.
Features of 240 E Mccormick Ave
| MLS® # | PACE2520636 |
|---|---|
| Price | $499,000 |
| Bedrooms | 4 |
| Bathrooms | 2.00 |
| Full Baths | 2 |
| Square Footage | 2,071 |
| Acres | 0.28 |
| Year Built | 1953 |
| Type | Residential |
| Sub-Type | Detached |
| Style | Cape Cod |
| Status | Active |
Community Information
| Address | 240 E Mccormick Ave |
|---|---|
| Area | State College Boro |
| Subdivision | STATE COLLEGE BORO |
| City | STATE COLLEGE |
| County | CENTRE-PA |
| State | PA |
| Municipality | STATE COLLEGE BORO |
| Zip Code | 16801 |
Amenities
| Utilities | Electric Available, Phone Available, Sewer Available, Water Available |
|---|---|
| Parking | Paved Driveway |
| # of Garages | 1 |
| Garages | Garage - Front Entry, Inside Access |
| Is Waterfront | No |
Interior
| Heating | Forced Air |
|---|---|
| Cooling | None |
| Has Basement | Yes |
| Basement | Full, Partially Finished |
| Fireplace | Yes |
| # of Fireplaces | 2 |
| Fireplaces | Wood |
| Stories | 1.5 |
Exterior
| Exterior | Brick |
|---|---|
| Exterior Features | Sidewalks,Porch(es) |
| Lot Description | Year Round Access |
| Roof | Shingle |
| Construction | Brick |
| Foundation | Block |
School Information
| District | STATE COLLEGE AREA |
|---|---|
| Elementary | EASTERLY PARKWAY |
| Middle | MOUNT NITTANY |
| High | STATE COLLEGE AREA |
Additional Information
| Date Listed | September 16th, 2026 |
|---|---|
| Days on Market | 4 |
| Zoning | R1 |
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Office | Continental Real Estate Management |
|---|---|
| Contact Info | 8142381598 |