$379,900

316 S Spring St Bellefonte, PA 16823

Estimated payment $2,282/month

Total Views 309
-- Bed
-- Bath
-- Sq Ft
-- Price per Sq Ft

Highlights

  • City View
  • Wood Flooring
  • Eat-In Galley Kitchen
  • Traditional Architecture
  • Corner Lot
  • Electric Baseboard Heater

About This Home

Solid rental history, this property has been owned by the seller since 1991 and has been well kept and this always met Centre Regions Code standards. 4 apartments in this building: a 1 bedroom unit in the lowest level, a 1 bedroom unit and efficiency apartment on the main level and a large 2 bedroom unit on the top floor. annual income 31,500.00, expenses: permits 204.00, snow/lawn 600.00, w/s/r 4500.00, insurance
1800.00, property tax 3480.00
Apt #1 under lease until 1/31/26 @ 645.00 Apt#2 under lease 9/30/26 @ 745.00 (Housing), Apt#3 on month to month @450.00 (wants to stay) Apt #4 month to month 785.00. Three of the units have washer and dryer hook ups.

Listing Agent

Ro Fisher

(814) 280-2620 rolandfisher239@gmail.com Linn Realty License #AB066635 Listed on: 12/08/2025

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,481

Year Built

  • Built in 1900

Lot Details

  • 1,307 Sq Ft Lot
  • Corner Lot
  • Property is in good condition

Parking

  • On-Street Parking

Home Design

  • Quadruplex
  • Traditional Architecture
  • Brick Exterior Construction
  • Stone Foundation
  • Plaster Walls
  • Frame Construction
  • Asphalt Roof
  • Stone Siding
  • Copper Plumbing
  • CPVC or PVC Pipes

Interior Spaces

  • Dining Area
  • City Views

Kitchen

  • Eat-In Galley Kitchen
  • Kitchen in Efficiency Studio
  • Electric Oven or Range

Flooring

  • Wood
  • Carpet
  • Laminate
  • Vinyl

Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Partial Basement
  • Exterior Basement Entry

Schools

  • Bellefonte Elementary School
  • Bellefonte Area Middle School
  • Bellefonte Area High School

Utilities

  • Electric Baseboard Heater
  • Electric Water Heater
  • Municipal Trash

Listing and Financial Details

  • Assessor Parcel Number 32-201-,122-,0000-

Community Details

Overview

  • 4 Units

Building Details

  • Income includes apartment rentals
  • Operating Expense $10,584
  • Net Operating Income $20,916

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,481

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Quadruplex
  • Architectural Style: Traditional
  • Ownership: Fee Simple
  • Historic: No
  • New Construction: No
  • Year Built: 1900
  • Building Winterized: No
  • Special Features: None

Interior Features

  • Appliances: Oven/Range - Electric, Refrigerator
  • Flooring Type: Carpet, Laminated, Vinyl, Wood
  • Interior Amenities: Carpet, Dining Area, Kitchen - Eat-In, Kitchen - Efficiency, Kitchen - Galley
  • Fireplace: No
  • Wall Ceiling Types: Dry Wall, Plaster Walls
  • Foundation Details: Stone
  • Basement: Yes
  • Basement Type: Full, Outside Entrance, Partial, Walkout Stairs
  • Above Grade Finished Area Units: Square Feet

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Brick, Copper Plumbing, Cpvc/Pvc, Frame, Stone
  • Exterior Features: Street Lights
  • Roof: Asphalt
  • Spa: No
  • View: City, Street
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Type Of Parking: On Street

Utilities

  • Central Air Conditioning: No
  • Cooling Fuel: Electric
  • Heating Fuel: Electric
  • Heating Type: Baseboard - Electric
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public
  • Municipal Trash: Yes

Condo/Co-op/Association

  • Association Recreation Fee: No

Schools

  • Elementary School Source: Listing Agent
  • High School Source: Listing Agent
  • Middle School Source: Listing Agent
  • School District Source: Listing Agent
  • Elementary School: BELLEFONTE
  • High School: BELLEFONTE AREA
  • Middle Or Junior School: BELLEFONTE AREA

Lot Info

  • Lot Size Acres: 0.03
  • Lot Dimensions: 0.00 x 0.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 1307.00
  • Property Condition: Good
  • Zoning: RESIDENTIAL MED DENSITY

Rental Info

  • Existing Lease Type: Month To Month, Yearly
  • Ground Rent Exists: No
  • Number Of Units Month To Month: 2
  • Owner Pays: Insurance, Lawn/Shrub Care, Sewer, Snow Removal, Taxes - Real Estate, Trash Collection, Water
  • Rent Control: No
  • Total Actual Rent: 31500.00
  • Units Leased Count: 4
  • Vacation Rental: No

Tax Info

  • School Tax: 2339.00
  • Tax Annual Amount: 3481.00
  • Assessor Parcel Number: 32-201-,122-,0000-
  • County Tax Payment Frequency: Annually
  • Tax Year: 2025

Multi Family

  • Income Includes: Apartment Rentals
  • Operating Expense: 10584.00

MLS Schools

  • School District Name: BELLEFONTE AREA

Map

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/08/2025 12/08/25 For Sale $379,900 -- --
Source: Bright MLS

Source: Bright MLS

MLS Number: PACE2517068

Bright MLS
Pennsylvania Centre County Bellefonte 16823

316 S Spring St, Bellefonte, PA

For Sale

MultiFamily

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Nearby Homes
Listing Agent
Ro Fisher
Section Image
Linn Realty
(582) 219-6552