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1216-1218 Vine Ave
For Sale $650,000 ($275.66 per Sq Ft)
$650,000 ($275.66 per Sq Ft)
- 2 Units
- 2,358 Sq Ft
- 3,920 Sq Ft
- Unknown Cap Rate
Description
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!
*seller is offering up to $35,000 credit for improvements with acceptable offer.
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Amenities
Garage
Pool
Garden
Security System
Internet
Telephone
Heating
Fireplace
Balcony & Patio
TV / Cable
Laundry
Hardwood Floors
Spa
Air Conditioning
Solar Power
Floor Plan
Great Views
Natural Light
Quiet
Water View
Elevator
Guest Unit(s)
Furnished
220 Volt
Property Details
| List Price | $650,000 |
| Property Type | Other |
| Usable Sqft | 2,358 |
| Number of Stories | 0 stories |
| Parking Spots | 0 spots |
| Year Built | 1901 |
| Last Sold | Unknown |
| Sold Price | Unknown |
| APN # | 66+,014.00133.00000+ |
| MLS # | PALY2002386 |
| Property ID | 322879684 |
| Lot Sqft | 3,920 |
| Zoning | CC |
| Total Units | 2 |
| Days on Market | 48 |
| Original List Price | Unknown |
| Date Updated | July 08, 2026 |
| Date Created | May 25, 2026 |
Financials not available online. Please inquire with your agent for more details.
Listing Provided By
DAWN L DYER an agent of . Lic #RS343310
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Data last updated: July 12, 2026.
Robert Crawford
REAL ESTATE AGENT