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 |
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*All fees are for estimate purposes only.
| 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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