Listing courtesy of Iron Valley Real Estate North Central PA. Contact: (570) 979-1002
Great income-producing investment opportunity in the Penn College patrol zone! This spacious double home at 1220-1224 Vine Ave features two large units, each with 4 bedrooms and 2 full baths. Fully rented to Penn College students for the 2026-2027 school year, this property offers immediate and dependable rental income. THIS PROPERTY IS BEING OFFERED AS PART OF A PACKAGE DEAL WITH 1216-1218 VINE AVE AND 1238 VINE AVE. ALL THREE PROPERTIES FOR $650,000. TOTAL INCOME FOR THIS PACKAGE IS $103,600.00. Conveniently located within walking distance to Pennsylvania College of Technology, this turnkey property is ideal for investors seeking strong occupancy and long-term rental demand in a prime student housing location. *seller is offering up to $35,000 credit for improvements with acceptable offer.
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