738 South St, Clarion, PA 16214

Investors take note...... Student rental duplex with excellent rental history. Currently leased to three students on first floor at $3,000/semester times 2 semesters for $6,000 per student times 3 students = $18,000/year. 2nd floor has two students at $3,500/semester x 2 semesters x 2 students =$14,000/year for a combined $32,000 income per year. Seller pays all utilities including lawn care. Owner has meticulously maintained each unit and all units have stove, refrigerator, washer and dryers AND central air. Expenses for utilities, insurance, taxes, rental permits and storm water management running about $11,000/year. New boiler in unit B. Owner has rented to students since 1986. Good opportunity for new owner.