Exceptional investment opportunity in the Penn College patrol zone! This turnkey package includes three fully rented student housing properties at 1216-1218 Vine Ave, 1220-1224 Vine Ave, and 1238 Vine Ave, offering a total of 17 bedrooms and $103,600 in annual rental income. All units are leased to Pennsylvania College of Technology students for the 2026-2027 school year, providing immediate, dependable cash flow. Located within walking distance of campus, these well-maintained properties offer strong occupancy, consistent rental demand, and excellent long-term investment potential. All three properties are being sold together for $650,000. *seller is offering up to $35,000 credit for improvements with acceptable offer.
27 days
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226
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13
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Zillow last checked:
Listing updated:
Listed by:
DAWN DYER570-916-8266,
Iron Valley Real Estate North Central PA(570) 979-1002
Source: Bright MLS,MLS#: PALY2002464
Facts & features
Interior
Bedrooms & bathrooms
Bedrooms: 17
Bathrooms: 7
Heating
Forced Air, Natural Gas
Cooling
Window Unit(s), Electric
Appliances
Included: Electric Water Heater, Gas Water Heater
Features
Has fireplace: No
Interior area
Total structure area: 6,102
Total interior livable area: 6,102 sqft
Property
Parking
Parking features: Alley Access, On Street, Off Street
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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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