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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.

Source: BRIGHT MLS, MLS#: PALY2002382

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  • Property Type
    Residential Income
  • Lot
    0.09 acres

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Owning this Home

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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

Life at 1220-1224 VINE AVENUE

Schools


School data courtesy of LiveBy, Inc.
Ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating. The schools displayed on this website are for informational purposes only and may not represent a complete or up-to-date list. School assignments are subject to change and should be verified directly with the local school district. Please contact the appropriate school district to confirm school zoning and enrollment eligibility for this property.

History

Date Event Value Agent
5/25/2026Source: BRIGHT MLS Added to Database
May 25, 2026
Listing provided courtesy of Iron Valley Real Estate North Central PA- MLS# PALY2002382MLS ProviderContact Information: [email protected] - 5709791002