616 E COLLEGE AVE #305
STATE COLLEGE, PA 16801
PRICE: $400,000
Active | MLS# pace2518750
The Details
Great opportunity to add this Downtown State College condo to your investment portfolio or to provide housing for your PSU student. This spacious 2-bedroom, 2-full bath unit features updated LVP and carpet flooring, updated bathroom vanities, and newer kitchen countertops and appliances. Located just across the street from campus and steps away from all the amenities of Downtown State College, convenience doesn't get better than this. Fully leased through July 2027 ($2,680/month for 2026-2027). A solid income-producing property. Furniture package and an active rental permit included. One of the sellers is a licensed real estate agent in the Commonwealth of Pennsylvania.
Property Overview
| Style | Traditional |
| 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 | $2768 |
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*All fees are for estimate purposes only.
Directions: Atherton onto Beaver Ave, left on to High Street, then left onto College Ave. Building 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 None |
| Cap Fee $245.00 |
| Zoning R |
| Property Code 0 |
| Possession Settlement |
| Assessed Value |
