Turnkey Investment Opportunity - Fully Rented Student Rental Near IUP.
Don't miss this income-producing investment property, fully leased though May 2027, providing immediate and reliable rental income. Ideally located just minutes from Indiana University of Pennsylvania (IUP), this well-maintained student rental is within walking distance of a convenience store, coffee shop, downtown shopping, restaurants, bars, and local recreation parks.
The second-floor unit features a recently updated kitchen with newer flooring, cabinets, and countertops, adding modern appeal for tenants. The property also includes a new gas boiler for efficient and dependable heating, along with the convenience of onsite washers and dryers for each unit.
With its strong rental history, desirable location and recent updates, this is an excellent opportunity for investors looking to expand their portfolio with a property that offers stable cash flow and long-term rental demand.
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Zillow last checked:
Listing updated:
Listed by:
Mark Kromer724-349-1924,
HOWARD HANNA KUZNESKI & LOCKARD R.E. - INDIANA724-349-1924
Source: WPMLS,MLS#: 1764496Originating MLS: West Penn Multi-List
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Facts & features
Interior
Bedrooms & bathrooms
Bedrooms: 6
Bathrooms: 2
Features
Basement: Unfinished
Property
Parking
Total spaces: 6
Parking features: Off Street
Lot
Size: 3,920 Square Feet
Dimensions: 60 x 68 irregular
Details
Zoning: R-2
Zoning description: R-2
Construction
Type & style
Home type: MultiFamily
Property subtype: Duplex, Multi Family, Multi Family
Materials
Frame
Roof: Other
Condition
Year built: 1960
Utilities & green energy
Utilities for property: Electricity Available, Natural Gas Available, Sewer Available, Water Available
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Principal & interest
$1,547
Mortgage insurance
$0
Property taxes
$170
Home insurance
$105
HOA fees
$0
Utilities
Not included
All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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