116 Penn Street Millheim, PA 16854

Step into the charm and potential of this 1880s home located in the heart of Millheim. This 3-bedroom, 1-bath property offers a unique opportunity for both homeowners and investors alike, blending historic character with future upside.The fully finished downstairs provides a comfortable and functional living space, featuring beautiful original hardwood floors in select rooms that highlight the timeless craftsmanship of the home. With key living areas already complete, this property is move-in ready while still offering room to grow.Upstairs, you’ll find incredible potential to expand and customize to your needs. Whether you envision additional bedrooms, a second living space, or a full renovation, the upper level is a blank canvas waiting to be transformed. The attic space adds even more opportunity for finishing, storage, or creative use.This layout makes the home ideal for a buyer looking to live comfortably on the main level while completing renovations upstairs over time. For investors, the property presents strong potential to be converted into a multi-unit, creating a cash-flowing asset in a desirable small-town location.Situated in Millheim, you’ll enjoy the charm of a quiet community while still being conveniently located just 15 minutes from Centre Hall and approximately 30 minutes from State College, offering easy access to shopping, dining, and Penn State.Whether you’re looking for a place to call home with room to grow or your next investment opportunity, this property delivers character, flexibility, and long-term value.