Bought with Amanda Burgess • Kissinger, Bigatel & Brower
$460,000
$475,000
3.2%For more information regarding the value of a property, please contact us for a free consultation.
508-510 ROYAL RD State College, PA 16801
2,091 SqFt
Key Details
Sold Price $460,000
Property Type Multi-Family
Sub Type Twin/Semi-Detached
Listing Status Sold
Purchase Type For Sale
Square Footage 2,091 sqft
Price per Sqft $219
Subdivision State College Boro
MLS Listing ID PACE2520130
Sold Date 10/08/26
Style Traditional
Abv Grd Liv Area 2,091
Year Built 1973
Annual Tax Amount $5,792
Tax Year 2026
Lot Size 0.340 Acres
Acres 0.34
Lot Dimensions 0.00 x 0.00
Property Sub-Type Twin/Semi-Detached
Source BRIGHT
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.
Location
State PA
County Centre
Area State College Boro (16436)
Zoning R2
Rooms
Basement Unfinished, Walkout Level
Interior
Hot Water Electric
Heating Baseboard - Electric, Ceiling
Cooling None
Flooring Hardwood, Vinyl, Carpet
Fireplace N
Heat Source Electric
Exterior
Water Access N
Roof Type Shingle
Accessibility None
Garage N
Private Pool No
Building
Foundation Block
Above Ground Finished SqFt 2091
Sewer Public Sewer
Water Public
Architectural Style Traditional
Additional Building Above Grade, Below Grade
New Construction N
Schools
School District State College Area
Others
Tax ID 36-027-,007-,0000-
Ownership Fee Simple
SqFt Source 2091
Special Listing Condition Standard
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