Property Description

A standout investment opportunity in State College Borough, this well-maintained duplex offers established Student Home Licenses and Rental Permits, along with an unbeatable location near Penn State University—an ideal combination that continues to generate strong and reliable rental demand. Situated in the highly desirable College Heights neighborhood and within walking distance to PSU campus and the CATA bus route, the property enjoys consistent tenant interest year after year. The upper unit features beautiful hardwood floors, a comfortable living room/dining room, a kitchen with included refrigerator and range, three bedrooms, one full bathroom, and its own washer and dryer. The lower unit offers a combined living room and kitchen area, one bedroom, one full bath, and a washer and dryer. Both units are separately metered, with tenants responsible for utilities other than water and garbage . HVAC systems include natural gas for the upper unit and an energy-efficient mini-split heat pump providing both heating and cooling for the lower unit. Designed for easy ownership, this property has been well maintained and represents a low-maintenance addition to any investment portfolio. Additional highlights include ample off-street parking and a large, level backyard. With a solid rental history, established permits, and a prime location, this duplex presents a smart and seamless investment opportunity. Buyer will be responsible for crediting the seller at settlement for final water, sewer, and trash charges.

Property Features

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