508-510 ROYAL RD
STATE COLLEGE, PA 16801
PRICE: $475,000
Active | MLS# pace2520130
beds
2091 sq ft
0.34 Acres
The Details
Turnkey investment opportunity in State College Borough! Expand your real estate portfolio with this fully rented two-story duplex ideally located just off University Drive, offering convenient access to Penn State University, downtown State College, shopping, dining & everyday amenities. With active leases already in place & a proven rental history, this is an outstanding opportunity in one of Centre County's most desirable investment markets. Unit 508 Royal Rd is currently leased for $1,300 per month through July 29, 2027 & has been occupied by the same tenant since 2017, demonstrating exceptional tenant stability. Unit 510 Royal Rd is currently leased for $1,750 per month through December 29, 2026. Additional highlights include a new roof installed in 2019, off-street parking, active rental permits & active student home licenses for both units. Tenants are responsible for all utilities, including electric heat & hot water, water/sewer, trash, lawn care & snow removal. Whether you're adding to an established investment portfolio or purchasing your first income-producing property, this fully occupied duplex offers the ideal combination of immediate cash flow, a prime Borough location & long-term investment potential.
Property Overview
| Style | Traditional |
| Year Built | 1973 |
| Subdivision | STATE COLLEGE BORO |
| School District | STATE COLLEGE AREA |
| County | CENTRE |
| Municipality | STATE COLLEGE BORO |
| Heat | Baseboard - Electric,Ceiling |
| A/C | None |
| Fireplaces | |
| Fuel | Electric |
| Sewer | Public Sewer |
| Total Taxes | $5792 |
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*All fees are for estimate purposes only.
| Sq. Footages | |
|---|---|
| Above Grade Finished Sq. Ft. | |
| Above Grade Unfinished Sq. Ft. | |
| Below Grade Finished Sq. Ft. | |
| Below Grade Unfinished Sq. Ft. | |
| Total Finished Sq. Ft. | 2091 |
| Rooms | Main | Upper | Lower | Bsmt. |
|---|
| Subdivision STATE COLLEGE BORO |
| Association Fee $ |
| Cap Fee $ |
| Zoning R2 |
| Property Code 0 |
| Possession Settlement |
| Assessed Value |
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