About 508-510 Royal Rd
Turnkey investment opportunity in State College Borough! Expand your real estate portfolio with this fully rented two-story duplex ideally located just off University Drive, offering convenient access to Penn State University, downtown State College, shopping, dining & everyday amenities. With active leases already in place & a proven rental history, this is an outstanding opportunity in one of Centre County's most desirable investment markets. Unit 508 Royal Rd is currently leased for $1,300 per month through July 29, 2027 & has been occupied by the same tenant since 2017, demonstrating exceptional tenant stability. Unit 510 Royal Rd is currently leased for $1,750 per month through December 29, 2026. Additional highlights include a new roof installed in 2019, off-street parking, active rental permits & active student home licenses for both units. Tenants are responsible for all utilities, including electric heat & hot water, water/sewer, trash, lawn care & snow removal. Whether you're adding to an established investment portfolio or purchasing your first income-producing property, this fully occupied duplex offers the ideal combination of immediate cash flow, a prime Borough location & long-term investment potential.
Features of 508-510 Royal Rd
| MLS® # | PACE2520130 |
|---|---|
| Price | $475,000 |
| Bathrooms | 0.00 |
| Square Footage | 2,091 |
| Acres | 0.34 |
| Year Built | 1973 |
| Type | Multi-Family |
| Sub-Type | Duplex,Twin/Semi-Detached |
| Style | Traditional |
| Status | Pending |
Community Information
| Address | 508-510 Royal Rd |
|---|---|
| Area | State College Boro |
| Subdivision | STATE COLLEGE BORO |
| City | STATE COLLEGE |
| County | CENTRE-PA |
| State | PA |
| Municipality | STATE COLLEGE BORO |
| Zip Code | 16801 |
Amenities
| Is Waterfront | No |
|---|
Interior
| Heating | Baseboard - Electric, Ceiling |
|---|---|
| Cooling | None |
| Has Basement | Yes |
| Basement | Unfinished, Walkout Level |
| Fireplace | No |
Exterior
| Exterior | Vinyl Siding, Brick |
|---|---|
| Roof | Shingle |
| Construction | Vinyl Siding, Brick |
| Foundation | Block |
School Information
| District | STATE COLLEGE AREA |
|---|
Additional Information
| Date Listed | August 10th, 2026 |
|---|---|
| Days on Market | 18 |
| Zoning | R2 |
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
| Listing Ownership | Fee Simple |
Listing Details
| Office | RE/MAX Centre Realty |
|---|---|
| Contact Info | 8142318200 |