131 N Thomas St Bellefonte, PA 16823

Attention Investors! Looking to add a solid property to your investment portfolio? This fully rented up/down duplex situated in the heart of downtown Bellefonte could be exactly what you’ve been waiting for. Well cared for by the current owners/landlords, which is reflected by 2 long-term tenants, a testament to its care & desirability. Each unit delivers a cozy covered porch, Natural gas forced air heat, an equipped kitchen which included a range & refrigerator, comfortable living space, 1 bedroom & 1 full bathroom. Beginning June 1st, 2025, Unit #1 rent will increase to $850/month. Beginning June 1st, 2025, Unit #2 rent will increase to $825/month (tenant is month to month). Tenants are responsible for cable/internet, electric & Natural Gas. Landlord takes care of water, sewer, refuse, lawn care & snow removal. Located so close to all the charming vibes of downtown Historic Bellefonte to include Bellefonte Waterfront Walkway, Talleyrand Park, fishing along Spring Creek, some of the area’s best local eateries, adorable hometown shops & so much more Bellefonte has to offer its residents. Opportunities like this don’t come along often so don’t delay. #1 (1st floor) – 1 bed/1 bath - $850/month, $775 security deposit –Lease expires May 31, 2026. #2 (2nd floor) – 1 bed/1 bath - $825/month, $725 security deposit –month to month lease. Note: Current Owners recently completed a subdivision & separated this duplex from 2 other properties they own next to this property. New deeds have been recorded. Taxes listed are estimated.