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 $610,000. 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. Proof of funds or pre approval is required prior to scheduling showings. 48 hr notice is required for tenants.
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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#: PALY2002382
Facts & features
Interior
Bedrooms & bathrooms
Bedrooms: 8
Bathrooms: 4
Heating
Forced Air, Natural Gas
Cooling
None
Appliances
Included: Electric Water Heater, Gas Water Heater
Features
Has fireplace: No
Interior area
Total structure area: 2,528
Total interior livable area: 2,528 sqft
Property
Parking
Parking features: Alley Access
Accessibility
Accessibility features: None
Features
Pool features: None
Lot
Size: 3,920 Square Feet
Details
Additional structures: Above Grade
Parcel number: 66+,014.00131.00000+
Zoning: CC
Special conditions: Standard
Construction
Type & style
Home type: MultiFamily
Architectural style: Traditional
Property subtype: Multi Family
Materials
Vinyl Siding
Foundation: Stone
Roof: Shingle
Condition
New construction: No
Year built: 1901
Utilities & green energy
Sewer: Public Sewer
Water: Public
Community & HOA
Location
Region: Williamsport
Municipality: WILLIAMSPORT CITY
Financial & listing details
Price per square foot: $241/sqft
Tax assessed value: $57,370
Annual tax amount: $2,397
Date on market: 5/25/2026
Listing agreement: Exclusive Right To Sell
Listing terms: Cash,Conventional
Inclusions: Seller Owned Furnishings And Appliances