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


StyleTraditional
Year Built1973
SubdivisionSTATE COLLEGE BORO
School DistrictSTATE COLLEGE AREA
CountyCENTRE
MunicipalitySTATE COLLEGE BORO
HeatBaseboard - Electric,Ceiling
A/CNone
Fireplaces
FuelElectric
SewerPublic Sewer
Total Taxes$5792

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Private Mortgage
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*All fees are for estimate purposes only.

Satellite View

Directions: University Dr to Royal Rd, property will be on your right.

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
RoomsMainUpperLowerBsmt.
Subdivision STATE COLLEGE BORO
Association Fee $
Cap Fee $
Zoning R2
Property Code 0
Possession Settlement
Assessed Value

IDX information is provided exclusively for consumers' personal, non-commercial use, it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information provided is deemed reliable but is not guaranteed accurate by the Centre County Association of REALTORS® MLS and should be independently verified. No reproduction, distribution, or transmission of the information at this site is permitted without the written permission from the Centre County Association of REALTORS®. Each office independently owned and operated.

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