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Listed by Ryan S Lowe • RE/MAX Centre Realty

$425,000

Est. payment - /mo

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1,800 SqFt

Pending

1355-1357 UNIVERSITY DR State College, PA 16801

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Jim Marks

jim@pottstownproperties.com +1(610) 705-4014

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Key Details

Property Type Multi-Family

Sub Type Twin/Semi-Detached

Listing Status Pending

Purchase Type For Sale

Square Footage 1,800 sqft

Price per Sqft $236

MLS Listing ID PACE2518834

Style Ranch/Rambler

Abv Grd Liv Area 1,800

Year Built 1970

Annual Tax Amount $5,415

Tax Year 2025

Lot Size 0.270 Acres

Acres 0.27

Lot Dimensions 0.00 x 0.00

Property Sub-Type Twin/Semi-Detached

Source BRIGHT

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.

Location

State PA

County Centre

Area State College Boro (16436)

Zoning R-2

Rooms

Basement Unfinished

Interior

Hot Water Electric

Heating Ceiling

Cooling None

Flooring Hardwood, Vinyl

Inclusions 2 refrigerators & 2 ranges

Fireplace N

Heat Source Electric

Exterior

Water Access N

Accessibility None

Garage N

Building

Foundation Block

Above Ground Finished SqFt 1800

Sewer Public Sewer

Water Public

Architectural Style Ranch/Rambler

Additional Building Above Grade, Below Grade

New Construction N

Schools

School District State College Area

Others

Tax ID 36-023-,193-,0000-

Ownership Fee Simple

SqFt Source 1800

Special Listing Condition Standard

Nearby School & Business

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Jim Marks

Broker Associate | License ID: AB068681

+1(610) 705-4014

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