This meticulously maintained 3-UNIT INVESTMENT PROPERTY offers a rare opportunity near Penn State University, the Village of Lemont, and downtown State College. Perfect for an investor or homeowner seeking affordable living (Live in 1 Unit and Rent the Other 2 Units). Unit 124, located on the right side, is a two-story unit featuring two bedrooms, one bathroom, a kitchen, living room, dining room, and laundry in the basement. Recently updated, it showcases refinished hardwood floors, fresh paint, modern kitchen appliances, and an upgraded bathroom. Unit 124A, situated to the left of Unit 124, is a two-story, one-bedroom unit with an open-concept main level and a private bedroom suite with a vaulted ceiling on the second floor. It is currently leased through October 31st at $815/month, with the tenant responsible for all utilities. Unit 124B, located on the lower level, offers an open floor plan with a galley-style kitchen, a separate office area, its own laundry room, and an enclosed porch. This unit is leased through August 1st, for $835/month, with the tenant paying all utilities. Property improvements include new vinyl siding and decorative gingerbread trim, a new metal roof, composite decking, and a new steel chimney liner—all completed within the last three years. With the potential for substantial future rent increases, investment properties of this caliber are seldom available. Schedule your showing today!
Multi-familyProperty Type
1930Year Built
0.43 acresLot Size
$155Est. Price/Sq.Ft.
6 spacesParking
Listed by Scott Shamrock• Kissinger, Bigatel & Brower
•814-234-4000 (broker)
•realty@1kbb.com (broker)
Bought with Joni Teaman Spearly• Kissinger, Bigatel & Brower
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Earn from this home
Refinance
$0
Est. cash available
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Market trends in Lemont, PA
Last updated October 2026
Buyer's Market
Seller's Market
Seller's market
Sale-to-list price
98.9%
1.0% MoM
Median sale price
$485K
$16K MoM
Avg. days on market
39d
14 days MoM
Recently sold homes
7
1 MoM
Provided by Redfin
Sale history for 124 Boalsburg Rd
Date
Event
Price
BRIGHT MLS #PACE2515274
Aug 8, 2025
Sold
$475,000
$191/sq ft
Jul 22, 2025
Pending
—
Jul 11, 2025
Price Changed
$495,000
$199/sq ft
Jun 19, 2025
Listed
$525,000
$211/sq ft
Public Records
May 11, 1984
Sold
$45,000
$18/sq ft
Year
Property tax
Land + Additions
Assessment*
2026
$3,056 (+3.1%)
$10,375 + $35,300
$45,675
2025
$2,963 (+2.1%)
$10,375 + $35,300
$45,675
2024
$2,903 (+3.2%)
$10,375 + $35,300
$45,675
2023
$2,813 (+2.6%)
$10,375 + $35,300
$45,675
2022
$2,742
$10,375 + $35,300
$45,675
2021
$2,742 (+0.5%)
$10,375 + $35,300
$45,675
2020
$2,728 (+2.2%)
$10,375 + $35,300
$45,675
2019
$2,670 (+1.8%)
$10,375 + $35,300
$45,675
2018
$2,621 (+1.2%)
$10,375 + $35,300
$45,675
2017
$2,590 (+3.3%)
$10,375 + $35,300
$45,675
2016
$2,508 (+6.7%)
$10,375 + $35,300
$45,675
2014
$2,351
$10,375 + $35,300
$45,675
Tax history for 124 Boalsburg Rd
Year
Property tax
Land + Additions
Assessment*
2026
$3,056 (+3.1%)
$10,375 + $35,300
$45,675
2025
$2,963 (+2.1%)
$10,375 + $35,300
$45,675
2024
$2,903 (+3.2%)
$10,375 + $35,300
$45,675
2023
$2,813 (+2.6%)
$10,375 + $35,300
$45,675
2022
$2,742
$10,375 + $35,300
$45,675
2021
$2,742 (+0.5%)
$10,375 + $35,300
$45,675
2020
$2,728 (+2.2%)
$10,375 + $35,300
$45,675
2019
$2,670 (+1.8%)
$10,375 + $35,300
$45,675
2018
$2,621 (+1.2%)
$10,375 + $35,300
$45,675
2017
$2,590 (+3.3%)
$10,375 + $35,300
$45,675
2016
$2,508 (+6.7%)
$10,375 + $35,300
$45,675
2014
$2,351
$10,375 + $35,300
$45,675
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Public record
Public record
Zoning
Beds
3
Baths
2
Stories
2
Lot width
—
Lot depth
—
Lot size
0.43 Acres
Year renovated
—
Sq. Ft.
2,698
Year built
1930
Style
Other
County
Centre County
APN
19-014-,087-,0000-
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Nov 5, 2026.
R1
Single-Family Residential District
It is the intent of the Single-Family Residential District to promote the following: To provide for low-density housing in appropriate locations and to permit limited public and quasi-public uses appropriate for residential neighborhoods.; To protect residential areas from changes and intrusions which may cause deterioration.; To meet minimum standards of health and safety by protecting against hazards and nuisances.; To provide for adequate daylight, ventilation, quiet, privacy and recreational opportunity.; To prevent congestion and the overcrowding of land caused by excessive densities.