With a surprising amount of space, versatility, and the option for one floor living, you'll love calling 507 First Avenue, Lemont home. Or if you're looking to expand your current investment portfolio, this house has great potential. This 4 bed, 2 full bath ranch home features an open floor plan, charming angled ceilings, central air, a fully finished lower level, and a lovely quarter acre lot with lots of room for play and sweet gardens. You'll love the living room with pellet stove for cozy winter nights and the cute dining room with darling built-in corner cupboard; perfect for sharing meals with your loved ones! The kitchen is ready for updates so bring your vision and create the kitchen you've always wanted. Three light and bright bedrooms with big windows and good closets provide the space you need all on one floor. You'll appreciate the lovely vanity and tile floors in the main floor full bath with tub/shower and a little linen nook as well as the convenience of a main level laundry room with cabinets! Downstairs holds lots of possibilities for extra primary home space or guest/rental areas. The large family room features lots of space for playing and two utility closets. Pass through the hall into the lower level mudroom with private entrance from the back exterior stairwell, this section of the home can easily be closed off from the family room to create a private space. Your guests will love the big bedroom with window egress and the private bath with charming antique barn door, tub/shower, and tile floors. A kitchenette offers cabinets/countertops, sink, and tile floors, great for renters, multi-generational families, or roommates! Outside you'll appreciate the big backyard with playset, raised beds for veggie gardening, raspberry patch, lovely flower beds and trees, and a sweet patio with pergola perfect for sipping lemonade on a sunny afternoon or hosting a backyard BBQ. Quaint Lemont is a treasured State College area with its adorable historic downtown including: coffee shop, eateries and shops and lovely annual celebrations like the Strawberry Festival, Christmas in Lemont, and a weekly summer concert series on the Village Green. You'll also love the nearby Mountainside Park with play equipment and tranquil walking trails or for the more serious hiker, don't miss a climb up Mount Nittany! Just three miles to the stadium and with easy highway access, this home could also make a great football weekend getaway! Be sure to view the list of updates & improvements! With so many options, you'll want to check this great opportunity out today!