SQUARE FEET2,091
MLS#PACE2520130
STATUSACTIVE
PROPERTY TYPEMulti Unit - Multiple
SUBDIVISIONSTATE COLLEGE BORO
SCHOOLSTATE COLLEGE AREA
Property Description
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 Features
Property Type: Multi Unit - Multiple
Basement: Unfinished, Walkout Level
Basement: Yes
Cooling: None
Fuel Type: Electric
Heating: Baseboard - Electric, Ceiling
Home Style: Traditional
Lot Size: 0.34 Acres
Roof Type: Shingle
Taxes: $5,792
Year Built: 1973
Feature Descriptions
Additional Structures: Above Grade, Below Grade
Exterior: Vinyl Siding, Brick
Flooring: Hardwood, Vinyl, Carpet
Lot Dimensions: 0.34 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: Gretchen Raad
Agent Phone: Cell: (717) 629-8669
Agency Title: Berkshire Hathaway HomeServices Homesale Realty
First AmericanEstimate Your Payment
Estimated Payment
$ 1,678.35 per month $1,057.14 Principal & Interest $482.67 Property Tax $138.54 Homeowner's Insurance
Corporate Office - 215 S Centerville Rd. Lancaster, PA 17603
508-510 Royal Road | MLS# PACE2520130
This multi-family property located at 508-510 Royal Road , State College, PA 16801 is currently listed for sale with an asking price of $475,000. 508-510 Royal Road is located within the STATE COLLEGE AREA school district. Search State College real estate on www.gretchenraad.com today.