SQUARE FEET1,800
MLS#PACE2518794
STATUSACTIVE
PROPERTY TYPEMulti Unit - Multiple
SUBDIVISIONSTATE COLLEGE BORO
SCHOOLSTATE COLLEGE AREA
Property Description
A standout investment opportunity in State College Borough, this fully leased duplex offers established STUDENT HOME LICENSES & RENTAL PERMITS plus unbeatable proximity to Penn State University, a combination that continues to drive strong, reliable demand. Situated along the CATA bus route, the property benefits from consistent tenant interest in a highly desirable location. Each unit is approximately 900 sq. ft. & features hardwood floors, a comfortable living room, a kitchen with included refrigerators & ranges, 2 bedrooms, 1 full bathroom & unfinished basements that provide ample storage. Both units are separately metered with tenants responsible for all utilities & the property is heated with electric ceiling heat. Zoned R 2 and well maintained, this duplex offers a low maintenance addition to any portfolio. Unit 1317 is leased at $950/month through 7/29/26 (tenant will be vacating by 7/29/26), while Unit 1319 is leased at $1,275/month plus a $160/month pet fee through 7/29/26. Additional highlights include ample off street parking & a large, flat backyard. With its solid rental history & a prime location, this property is a smart & seamless investment opportunity. This sale will be part of a 1031 Exchange. Buyer will be responsible for crediting the Seller for final water, sewer & trash at 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: 0.35 Acres
Roof Type: Shingle
Taxes: $5,413
Year Built: 1969
Feature Descriptions
Additional Structures: Above Grade, Below Grade
Exterior: Brick
Interior: Bathroom - Tub Shower, Entry Level Bedroom, Kitchen - Eat-In, Wood Floors
Lot Dimensions: 0.35 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: The Karol Symanowicz Team
Agent Phone: (717) 572-9997
Agency Title: Berkshire Hathaway HomeServices Homesale Realty
First AmericanEstimate Your Payment
Estimated Payment
$ 1,520.91 per month $945.87 Principal & Interest $451.08 Property Tax $123.96 Homeowner's Insurance
Corporate Office - 215 S Centerville Rd. Lancaster, PA 17603
1317-1319 University Drive | MLS# PACE2518794
This multi-family property located at 1317-1319 University Drive, State College, PA 16801 is currently listed for sale with an asking price of $425,000. 1317-1319 University Drive is located within the STATE COLLEGE AREA school district. Search State College real estate on www.karolshomes.com today.