Linda & Ryan Lowe | RE/MAX Centre Realty | 814-231-8200 Ex. 305/352
616 E COLLEGE AVE #306
STATE COLLEGE, PA 16801
PRICE: $385,000
Pending | MLS# pace2512796
The Details
Fully leased through Aug. 2025 ($2600 Monthly) - Looking to start or expand your student rental portfolio in State College/PSU, then this exceptional opportunity is for you. This 2-bedrooms, 2-full bathrooms condo with newer LVP flooring throughout the bedrooms, living room and hallway, ceramic tiles in kitchen area, this unit is ready to go. Located in the heart of downtown, just across from Penn State main campus. Very strong rental history. Furniture package and an active rental permit included. Permitted to rent for up to 6 students. 24-hour notice needed.
Property Overview
| Style | Unit/Flat |
| Year Built | 1985 |
| Subdivision | UNIVERSITY GATEWAY |
| School District | STATE COLLEGE AREA |
| County | CENTRE |
| Municipality | STATE COLLEGE BORO |
| Heat | Baseboard - Electric |
| A/C | Wall Unit |
| Fuel | Electric |
| Sewer | Public Sewer |
| Total Taxes | $2382 |
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*All fees are for estimate purposes only.
Satellite View
Directions: From N Atherton onto Beaver Ave, left onto High St, right onto E College Ave, building is on the right.
| Sq. Footages | |
|---|---|
| Above Grade Finished Sq. Ft. | 975 |
| Above Grade Unfinished Sq. Ft. | |
| Total Finished Sq. Ft. | 975 |
| Rooms | Main | Upper | Lower | Bsmt. |
|---|
| Subdivision UNIVERSITY GATEWAY |
| Assoc Fee Includes Elevator |
| Zoning C |
| Property Code 0 |
| Possession Subject to Existing Lease |
| Assessed Value |
