508-510 ROYAL RD, State College, PA 16801
508-510 ROYAL RD, State College, PA 16801
508-510 ROYAL RD, State College, PA 16801
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Stacey Caito

Stacey Caito

+1(703) 957-9643
Listed by Ryan S Lowe • RE/MAX Centre Realty
$475,000
Est. payment /mo
2,091 SqFt
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UPDATED:

Key Details

Property Type Multi-Family

Sub Type Twin/Semi-Detached

Listing Status Active

Purchase Type For Sale

Square Footage 2,091 sqft

Price per Sqft $227

Subdivision State College Boro

MLS Listing ID PACE2520130

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

Inclusions Refrigerator & Range in each unit

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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Bright MLS (BMLS)

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Stacey Caito

Stacey Caito

+1(703) 957-9643

Agent | License ID: 0225222157

Agent License ID: 0225222157

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