Ryanandlinda 2024
Linda & Ryan Lowe | RE/MAX Centre Realty | 814-231-8200 Ex. 305/352

616 E COLLEGE AVE #102

STATE COLLEGE, PA 16801

PRICE: $399,900

Pending | MLS# pace2517700

The Details

Turn-Key Student Investment Across from Penn State! Welcome to this beautifully renovated 2-bedroom, 2 full bath student condo ideally located directly across from Penn State University. Whether you're building your portfolio or securing a long-term investment in a prime location, this one checks all the boxes. Recently updated throughout, this condo features a fully remodeled kitchen with brand-new appliances, refreshed bathrooms, stylish new LVP flooring, fresh paint, and new mini-split wall units for efficient, customizable comfort. The modern finishes and low-maintenance upgrades make this property truly move-in ready. Leased through August 2027, this unit offers immediate and reliable rental income with strong demand thanks to its unbeatable location. Students can walk to classes, downtown State College, Beaver Stadium, Pegula Ice Arena, and the Bryce Jordan Center, making it highly desirable year after year. Low maintenance, updated systems, and a premier location combine to create an outstanding investment opportunity in the heart of Happy Valley. Don’t miss your chance to own a prime student rental in one of the most sought-after locations near campus.


Property Overview


StyleUnit/Flat
Year Built1985
SubdivisionUNIVERSITY GATEWAY
School DistrictSTATE COLLEGE AREA
CountyCENTRE
MunicipalitySTATE COLLEGE BORO
HeatBaseboard - Electric
A/CWall Unit
FuelElectric
SewerPublic Sewer
Total Taxes$2498

$
$
$
$
$
Principal &
Interest${{ vm.principal }}
Private Mortgage
Insurance${{ vm.pmi }}
Taxes &
Insurance${{ vm.taxes }}
Monthly Payment
${{ vm.monthlyPayment }}

*All fees are for estimate purposes only.

Satellite View

Directions: GPS - 616 E Beaver Avenue, State College PA

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,Laundry Facilities
Cap Fee $245.00
Zoning R
Property Code 0
Possession 0-30 Days CD,31-60 Days CD
Assessed Value

Similar Listings


616 E COLLEGE AVE #505

$400,000

2 Beds / 2 Baths / 975 sq ft
STATE COLLEGE

117 GLORY WAY

$439,000

2 Beds / 2 Baths / 975 sq ft
BOALSBURG

Ryan Lowe

139 JACK PINE WAY

$389,000

2 Beds / 2 Baths / 975 sq ft
PORT MATILDA

768 DRY HOLLOW RD

$395,000

2 Beds / 2 Baths / 975 sq ft
WARRIORS MARK

37 ABBY PL

$410,000

2 Beds / 2 Baths / 975 sq ft
STATE COLLEGE

103 E HAMILTON AVE

$349,900

2 Beds / 2 Baths / 975 sq ft
STATE COLLEGE

1245 #WESTERLY PKWY

$419,900

2 Beds / 2 Baths / 975 sq ft
STATE COLLEGE

228 DEEPWOOD DR

$399,900

2 Beds / 2 Baths / 975 sq ft
PINE GROVE MILLS

3291 #SHELLERS BND

$449,900

2 Beds / 2 Baths / 975 sq ft
STATE COLLEGE

712 D W BEAVER AVE

$360,000

2 Beds / 2 Baths / 975 sq ft
STATE COLLEGE

320 LOOP RD

$375,000

2 Beds / 2 Baths / 975 sq ft
BOALSBURG

756 S NIXON RD

$377,400

2 Beds / 2 Baths / 975 sq ft
PINE GROVE MILLS

750 TANAGER DR

$429,000

2 Beds / 2 Baths / 975 sq ft
STATE COLLEGE

130 VEERY WAY

$379,900

2 Beds / 2 Baths / 975 sq ft
PORT MATILDA

661 CRANDALL DR

$414,900

2 Beds / 2 Baths / 975 sq ft
STATE COLLEGE

2120 N OAK LN

$415,000

2 Beds / 2 Baths / 975 sq ft
STATE COLLEGE

1724 E BRANCH RD

$365,000

2 Beds / 2 Baths / 975 sq ft
STATE COLLEGE

1815 WALNUT GROVE DR

$399,000

2 Beds / 2 Baths / 975 sq ft
STATE COLLEGE

3301 #SHELLERS BND

$415,000

2 Beds / 2 Baths / 975 sq ft
STATE COLLEGE

3301 #SHELLERS BND

$412,000

2 Beds / 2 Baths / 975 sq ft
STATE COLLEGE

802 TANAGER DR

$449,900

2 Beds / 2 Baths / 975 sq ft
STATE COLLEGE

239 S PATTERSON ST

$399,900

2 Beds / 2 Baths / 975 sq ft
STATE COLLEGE

125 PHOEBE RD

$349,900

2 Beds / 2 Baths / 975 sq ft
PORT MATILDA

173 DALE ST

$389,900

2 Beds / 2 Baths / 975 sq ft
LEMONT

127 WATSON RD

$445,000

2 Beds / 2 Baths / 975 sq ft
STATE COLLEGE

Search All