$ 425,000
-
$425,000
Price -
4
Bed -
0
Bath -
1,800
SqFt
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About the Listing REMAXCR1 - 3347236
A standout investment opportunity in State College Borough, this fully leased duplex offers established STUDENT HOME LICENSES & RENTAL PERMITS plus unbeatable proximity to Penn State University, a combination that continues to drive strong, reliable demand. Situated along the CATA bus route, the property benefits from consistent tenant interest in a highly desirable location. Each unit is approximately 900 sq. ft. & features hardwood floors, a comfortable living room, a kitchen with included refrigerators & ranges, 2 bedrooms, 1 full bathroom & unfinished basements that provide ample storage. Both units are separately metered with tenants responsible for all utilities & the property is heated with electric ceiling heat. Zoned R 2 and well maintained, this duplex offers a low maintenance addition to any portfolio. Unit 1317 is leased at $950/month through 7/29/26 (tenant will be vacating by 7/29/26), while Unit 1319 is leased at $1,275/month plus a $160/month pet fee through 7/29/26. Additional highlights include ample off street parking & a large, flat backyard. With its solid rental history & a prime location, this property is a smart & seamless investment opportunity. This sale will be part of a 1031 Exchange. Buyer will be responsible for crediting the Seller for final water, sewer & trash at settlement.
Listing Highlights
Status
Active
Days on Site
1
Property Type
Multi-Family
MLS ®
PACE2518794
Year Built
1969
Total Square Footage
1,800
Lot/Acreage
0.35
Interior Details
- Bedrooms: 4
- Bathrooms: 0 Full
- Appliances:
- Air Cond:
- Heating: Ceiling
- Fireplaces:
- Floor:
- Above Ground Sq Ft: 1800
- Below Ground Sq Ft: 0
- Basement: Unfinished
- Other: Bathroom - Tub Shower,Entry Level Bedroom,Kitchen - Eat-In,Wood Floors
- Water: Public
Exterior Details
- Lot Description: Not New Construction,Horse Property: No
- Garage Capacity: N/A
- Lot Dimensions: 0.00 x 0.00
- Zoning: R-2
- Roof: Shingle
- Others:
- Sewer: Public Sewer
- Parking Features: Off Street
Financial Details
- Tax Amount: $5,413
- Taxes w/Assessments: N/A
- Tax/Property ID: N/A
- Tax Year: 2025
Payment Calculator
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Questions About..
1317 1317-1319 University Dr State College, PA 16801
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