3991/3995 N Atherton St, Pt Matilda, PA 16870

A rare opportunity in the State College School District, this versatile property offers the perfect blend of primary living space and income producing potential. Set on .87 wooded acres, the parcel includes a 4 bedroom, 1.5 bath single family home plus a fully rented, fully permitted duplex an ideal setup for offsetting your monthly mortgage. The main home features an inviting eat in kitchen, dedicated dining room, spacious living room with a cozy fireplace, and a bright sunroom overlooking the wooded backdrop. The second floor offers three bedrooms, a full bath, and a convenient laundry area. The finished third floor serves as a private primary bedroom complete with a walk in closet. The duplex includes two well maintained units, each offering a living room, kitchen, two bedrooms, and a full bath. Apt 1: Leased at $1,015/month through 3/31/2027. Apt 2: Leased at $1,035/month through 7/31/2027 Tenants pay electric and cable. Additional property highlights include a 30x40 metal building with concrete floor, 10' door, and 12' ceiling (previously rented for $500/month), a detached 2 car garage, two replaced septic systems (2016), and separate wells—one for the main house and one for the duplex. The duplex holds two active rental permits, and per Centre Region Code, the main house must be owner occupied. Located just minutes from State College with easy access to I 99/322 and only 8 miles from Penn State University and Beaver Stadium, this property delivers convenience, flexibility, and long term value. A unique chance to live comfortably while your investment works for you, a true win in today’s market.