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Excellent investment opportunity in the highly desirable Penn College patrol zone! This well-maintained double home features two spacious units, each offering 3 bedrooms and fully rented for the Fall/Spring 2026-2027 school year, providing immediate and reliable rental income. Conveniently located close to the college, this property is ideal for student housing investors seeking strong cash flow potential. All seller-owned furnishings are included in the sale for added value and turnkey convenience. THIS PROPERTY IS BEING OFFERED AS PART OF A PACKAGE DEAL WITH 1220-1224 VINE AVE AND 1238 VINE AVE. Don't miss this opportunity to expand your portfolio with a proven income-producing property in a prime location!

Source: BRIGHT MLS, MLS#: PALY2002386

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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 1216 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
5/26/2026Source: BRIGHT MLS Added to Database
May 26, 2026
Listing provided courtesy of Iron Valley Real Estate North Central PA- MLS# PALY2002386MLS ProviderContact Information: [email protected] - 5709791002