616 E COLLEGE AVE #102

STATE COLLEGE, PA 16801

PRICE: $399,900

Pending | MLS# pace2517700

2 beds

2 full baths

975 sq ft

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

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

$2498

Home Overview
Home Specs
Neighborhood

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*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

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