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626/628 E Locust St, Indiana, PA, 15701

5beds
2baths
2,600sqft
$169,900
$65price/sqft
$1,425/moest. monthly cost
$57,000/yrincome needed

About This Home

Well-maintained duplex located very close to Indiana University of Pennsylvania (IUP). This property has a proven student rental history and is ideal for an investor looking for a stable, low-maintenance asset in a high-demand location. The property consists of: One 2-bedroom unit zoned for 3 students One 3-bedroom unit zoned for 3 students In-house laundry located in the basement Two electric meters (easy utility separation) Property is in good condition and has been consistently rented due to its walk-to-campus location. Strong demand each leasing cycle. Utilities are currently structured for student leasing convenience, but electric is separately metered, providing clear upside for future ownership. Ideal for investors seeking a turn-key student rental with immediate income and long-term demand. Serious inquiries only. Financials available upon request.

Getting Around

72
WalkingVery Walkable
0
TransitVery Limited Transit
63
BikeBikeable

Schools

7/10
Horace Mann El SchoolGrades 4-50.3 mi
7/10

Construction

Materials

  • Roof: Metal

Type & Style

  • Home type: Unknown

Interior

Appliances

  • Appliances included: Dryer,Range / Oven,Refrigerator,Washer

Basement

  • Basement: Unfinished

Bedrooms & Bathrooms

  • Bedrooms: 5
  • Bathrooms: 2
  • Full bathrooms: 2

Features

  • Flooring: Carpet,Hardwood,Laminate,Linoleum / Vinyl

Interior Area

  • Total interior livable area: 2,600 sqft

Property

Features

  • Exterior features: Other,Cement / Concrete
  • Has view: Yes
  • View description: City

Parking

  • Total spaces: 6
  • Parking features: Off-street,On-street