1204 S Allen St, State College, PA 16801

Discover a unique investment opportunity in a convenient State College Borough location! This single-family home is currently configured as two rented living spaces, offering flexible use and established income potential. The upper unit features three bedrooms, hardwood floors, a wood-burning fireplace, a full bath, and in-unit laundry. The lower-level unit includes one bedroom, one full bath, a bonus room, and its own comfortable living space. Significant improvements include a newer metal roof, updated HVAC, and additional updates throughout. Conveniently located near downtown State College, Penn State, shopping, restaurants, parks, and public transportation. Whether you are looking to expand your rental portfolio, live in one space while renting the other, or explore future possibilities, this property offers location, character, and versatility in the heart of State College.