305 S BURROWES ST
STATE COLLEGE, PA 16801
PRICE: $599,000
Pending | MLS# pace2516706
3 beds
2 full baths
2100 sq ft
0.17 Acres
The Details
Prime investment opportunity in the heart of downtown State College. This 3-bedroom, 2-bath student rental offers immediate income with a lease in place through 2027. The property features an all-brick exterior, hardwood floors, and original charm throughout. Thirteen parking spaces located at the rear of the property provide additional income potential. Don’t miss this excellent opportunity to own an income-producing property just steps from Penn State University. Seller would ideally like to sell 300 S Burrowes, a downtown office building (which can be converted into a student rental), in conjunction with this one.
Property Overview
| Style | Traditional |
| Year Built | 1925 |
| Subdivision | STATE COLLEGE BORO |
| School District | STATE COLLEGE AREA |
| County | CENTRE |
| Municipality | STATE COLLEGE BORO |
| Heat | Baseboard - Electric,Radiator |
| A/C | Ductless/Mini-Split |
| Fireplaces | 1 |
| Fuel | Electric |
| Sewer | Public Sewer |
| Driveway | 13 |
| Total Taxes | $4895 |
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*All fees are for estimate purposes only.
Directions: From W Beaver Ave, turn onto S Burrowes Street. Property is on the left after W Foster Ave.
| Sq. Footages | |
|---|---|
| Above Grade Finished Sq. Ft. | 2100 |
| Above Grade Unfinished Sq. Ft. | |
| Total Finished Sq. Ft. | 2100 |
| Rooms | Main | Upper | Lower | Bsmt. |
|---|
| Subdivision STATE COLLEGE BORO |
| Zoning R3H |
| Property Code 0 |
| Possession Negotiable,Subject to Existing Lease |
| Assessed Value |
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