Rental unit

810 Stratford Drive - State College

810 Stratford Drive, State College

Enjoy first floor living at this Amitie One condo! Appreciate the private entrance & patio leading inside to the spacious living room with a wood burning fireplace, 2 bedrooms, 1 bath and kitchen with all appliances included. Currently rented until 7/31/23 for $1,045/month.

Call KBB at 814-234-4000 to see ANY home that's for sale or email [email protected].

Take a tour of this listing: 810 Stratford Drive, State College

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342 S. Main Street, Pleasant Gap

342 S. Main Street, Pleasant Gap

Thanks for waiting to find a profitable 4-Unit, fully rented investment property in Spring Township! Units are nicely updated, electric heat, tenants pay own electric and cable. Rent increases have not kept up with local market rentals. There are 2 (2) bedroom units and 2 (1) bedroom units. Current leases are through June/July 2023. Income/Expense available, 7% Cap Rate. Off street parking at rear and flat yard. Nice property to start or add to your portfolio of real estate!

Call KBB at 814-234-4000 to see ANY home that's for sale or email [email protected].

Take a tour of this listing: 342 S. Main Street, Pleasant...

1219 Old Boalsburg Road- State College

1219 Old Boalsburg Road, State College

PERMITTED STUDENT RENTAL: UP/DOWN DUPLEX - Permitted for 3 unrelated students in each unit - this well cared for duplex has everything you're looking for! Main floor unit features 2 bedrooms, 1 full bath, living room, eat in kitchen, lower level rec room and laundry. The second floor unit includes 2 bedrooms, full bath, living room, and dining room. There is an awesome detached 2- car garage with attic and parking for a total of six cars. Nice patio and backyard. Located just blocks from PSU and downtown State College - this is the perfect investment or place to buy for your student to live!! Call KBB at 814-238-8080 to see ANY home that's for sale or email [email protected].

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1340 Harris Street- State College

1340 Harris Street, State College

Lots of upgrades and renovations to this investment property close to PSU and all things State College. Kitchen and bathroom remodels and new washer & dryers are just a few of the upgrades you will find with this ranch style home close to bike and walking paths. First floor includes 3 bedrooms & 1 bath ($1150/month + utilities and maintenance and snow removal) Lower level includes 2 bedroom & 1 bath ($810/month + utilities and maintenance and snow removal). Leased through Aug 2022. Call KBB at 814-238-8080 to see ANY home that's for sale or email [email protected].

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116 E Main Street- Millheim

116 E Main Street, Millheim

3 Bedrooms, 3 Full Bathrooms. Investment - 3 Apartment Rental Property located in the Central Business District of Millheim. Situated in great downtown business area among shops, Elk Creek Cafe, winery, beautiful flower gardens and parking. Older home has attractive woodwork, spacious rooms. Apt 1 situated on first floor with brick porch and newly updated kitchen, Apt 2 on second floor with large living room, Apt 3 in back with upstairs bedroom. Nice deep landscaped side yard. All three apartments are rented. See 2020 Income/Expense figures. Square footage information from Centre Co. Tax assessment. 24 hour notice required for showings. Seller Not intending to do any additional work. Call KBB at 814-238-8080 to see ANY home that's for sale or email [email protected].

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311 E Lamb Street- Bellefonte

311 E Lamb Street, Bellefonte

Great investment opportunity in the Bellefonte Borough - excellent rental history, both units are currently leased! Second story unit has been updated. Beautiful Bellefonte is full of amazing architecture, a revitalized waterfront project, the train station and scenic Talleyrand Park--known for its unforgettable waterfall, romantic bridge and gazebo. This property is conveniently located near shopping and restaurants. Apt 1 rents for $680/mo. and Apt 2 for $725/mo. Tenants are responsible for electric, heat, cable, phone and internet; on street parking available. Easy access to I-99. Property is being offered as-is. Annual Property Operating Data available upon request. Call KBB at 814-238-8080 to see ANY home that's for sale or email [email protected].

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1221 Old Boalsburg Rd- State College

1221 Old Boalsburg Road, State College

One of a Kind Student Permitted Rental in State College Borough just blocks from PSU & Downtown State College. 4 units total ' 1st Unit - Main house features 3 bedrooms & 1 bathrooms; Living room with loads of character, nice kitchen, dining room & lots of closet storage, each unit has a basement space. 2nd Unit ' back of main house with nice kitchen, living room, 1 bedroom & 1 bathroom. Additional infill duplex behind main house ' Unit 3 & Unit 4 - features nice kitchens, living rooms, 1 bedroom & 1 bathroom in each unit. Both have basements and Washer and Dryer Hookups. Convenient porch off the duplex & great outside spaces. There is a total of 5/6 off street parking spots off the shared driveway. AMAZING INVESTMENT OPPORTUNITY. 

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Local Housing Trends: Renting vs. Buying

At some point, you’re going to ask yourself: Should I buy instead of rent?

It’s a complex question that includes a variety of factors. Buying is a smart choice for many, but not always the best deal, depending on the market you live in and other factors like how long you plan to live there, the size of the home you plan to purchase, and more.

Consider the following points before you decide to buy:

  • It’s a big investment. You’ll have to put down a substantial amount of money for your down payment (generally three to 20 percent) and closing costs (which can cost up to three percent of the home’s purchase price).
  • Can you get approved? Your debt-to-income ration is important for lenders to see how your debts stack up against your pay. Traditionally, lenders use...