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.
Sold for $396,000 on 01/31/25
$396,000
616 E College Ave APT 306, State College, PA 16801
2beds
975sqft
Condominium
Built in 1985
-- sqft lot
$407,300 Zestimate®
$406/sqft
$1,866 Estimated rent
What's special
Zillow last checked: 7 hours ago
Listing updated: February 11, 2025 at 03:40am
Listed by:
Jie Peng 814-231-8200,
RE/MAX Centre Realty
Bought with:
Kristin O'Brien, RS295569
Keller Williams Advantage Realty
Source: Bright MLS,MLS#: PACE2512796
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 2
- Full bathrooms: 2
- Main level bathrooms: 2
- Main level bedrooms: 2
Basement
- Area: 0
Heating
- Baseboard, Electric
Cooling
- Wall Unit(s), Electric
Appliances
- Included: Electric Water Heater
- Laundry: Main Level
Features
- Flooring: Luxury Vinyl
- Has basement: No
- Has fireplace: No
Interior area
- Total structure area: 975
- Total interior livable area: 975 sqft
- Finished area above ground: 975
- Finished area below ground: 0
Property
Parking
- Parking features: On Street
- Has uncovered spaces: Yes
Accessibility
- Accessibility features: Accessible Elevator Installed
Features
- Levels: Three
- Stories: 3
- Pool features: None
Lot
- Features: Downtown
Details
- Additional structures: Above Grade, Below Grade
- Parcel number: 36014,006,0306
- Zoning: C
- Special conditions: Standard
Construction
Type & style
- Home type: Condo
- Property subtype: Condominium
- Attached to another structure: Yes
Materials
- Brick
Condition
- New construction: No
- Year built: 1985
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & neighborhood
Security
- Security features: Main Entrance Lock
Location
- Region: State College
- Subdivision: University Gateway
- Municipality: STATE COLLEGE BORO
HOA & financial
HOA
- Has HOA: No
- Amenities included: Elevator(s)
- Services included: Common Area Maintenance, Insurance, Sewer, Snow Removal, Trash, Water, Maintenance Structure, Maintenance Grounds
- Association name: University Gateway
Other fees
- Condo and coop fee: $204 monthly
Other
Other facts
- Listing agreement: Exclusive Right To Sell
- Ownership: Condominium
Services availability
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