BEDS0
BATHS
SQUARE FEET1,800
MLS#PACE2518834
STATUSPENDING
PROPERTY TYPEMulti Unit - Multiple
SCHOOLSTATE COLLEGE AREA
Property Description
A great investment opportunity in the heart of State College Borough, this fully leased duplex combines established STUDENT HOME LICENSES, active rental permits, and an unbeatable location just moments from Penn State University. Consistent demand, walkability, and direct access to the CATA bus route make this property a reliable performer in one of the area’s strongest rental markets. Each unit offers approximately 900 sq. ft. of functional living space, including hardwood floors, a comfortable living room, a kitchen with included refrigerators and ranges, 2 bedrooms, 1 full bathroom, and unfinished basements ideal for storage. Both units are separately metered with tenants responsible for all utilities, and the property is heated with electric ceiling heat. Zoned R 2 and well maintained, this duplex provides a low maintenance, high demand addition to any portfolio. This sale will be a part of a 1031 Exchange. Buyer will be responsible for crediting the seller final water, sewer & trash at the time of settlement.
Property Features
Property Type: Multi Unit - Multiple
Basement: Unfinished
Basement: Yes
Cooling: None
Fuel Type: Electric
Heating: Ceiling
Home Style: Ranch/Rambler
Lot Size: 0.27 Acres
Taxes: $5,415
Year Built: 1970
Feature Descriptions
Additional Structures: Above Grade, Below Grade
Exterior: Brick
Flooring: Hardwood, Vinyl
Lot Dimensions: 0.27 Acre(S)
Municipality: STATE COLLEGE BORO
Sewer: Public Sewer
Structure Type: Twin/Semi-Detached
Two Bedroom Units: 2
Units: 2
Water: Public
Local Schools
School District: STATE COLLEGE AREA
Listed By / Shown By
Listed By
Agency Name: RE/MAX Centre Realty
Agency Phone: 8142318200
Shown By
Agent Name: Manuel Ishkhanian
Agent Phone: (484) 832-2122
Agency Title: RealtyMark
Estimate Your Payment
Estimated Payment
$ 1,521.07 per month $945.87 Principal & Interest $451.25 Property Tax $123.96 Homeowner's InsuranceChange Payment Information
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1355-1357 University Drive | MLS# PACE2518834
This multi-family property located at 1355-1357 University Drive , State College, PA 16801 is currently listed for sale with an asking price of $425,000. 1355-1357 University Drive is located within the STATE COLLEGE AREA school district. Search State College real estate on mainlinemanny.realtymark.net today.