BEDS2
BATHS2 full
SQUARE FEET975
MLS#PACE2517700
STATUSPENDING
PROPERTY TYPEResidential - Condominium
SUBDIVISIONUNIVERSITY GATEWAY
SCHOOLSTATE COLLEGE AREA
Property Description
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 Features
Property Type: Residential - Condominium
Cooling: Wall Unit
Fuel Type: Electric
Heating: Baseboard - Electric
Home Style: Unit/Flat
Stories: 1.0
Taxes: $2,498
Year Built: 1985
Feature Descriptions
Accessibility: Elevator, No Stairs
Additional Structures: Above Grade, Below Grade
Appliances: Built-In Microwave, Built-In Range, Disposal, Range Hood, Refrigerator, Water Heater
Community Amenities: Elevator, Laundry Facilities
Condo/Coop Fee: $245.00/Monthly
Days on Site: 40
Exterior: Brick
Interior: Breakfast Area, Carpet, Combination Dining/Living, Combination Kitchen/Living, Elevator, Flat, Floor Plan - Open, Recessed Lighting, Kitchen - Eat-In
Municipality: STATE COLLEGE BORO
Number of Rooms: 4
Parking Notes: 0 Total Parking Spaces
Rooms: Living Room, Bedroom 2,Kitchen, Bedroom 1
Sewer: Public Sewer
SQFT Above Finished: 975
SQFT Total Finished: 975
Structure Type: Unit/Flat/Apartment
Total Garage/Parking Spaces: 0
Water: Public
Room Sizes
Bedroom 1: 18 x 12 Level - Main
Bedroom 2: 17 x 10 Level - Main
Kitchen: 10 x 9 Level - Main
Living Room: 16 x 14 Level - Main
Local Schools
High School: STATE COLLEGE AREA
School District: STATE COLLEGE AREA
Listed By / Shown By
Listed By
Agency Name: Realty One Group Landmark
Agency Phone: 7244275801
Shown By
Agency Title: RealtyMark
Agency Phone: 888-240-0600
Estimate Your Payment
Estimated Payment
$ 1,214.81 per month $890.00 Principal & Interest $208.17 Property Tax $116.64 Homeowner's InsuranceChange Payment Information
616 E College Avenue, Unit 102 | MLS# PACE2517700
This condo located at 616 E College Avenue, Unit 102, State College, PA 16801 is currently listed for sale with an asking price of $399,900. This property was built in 1985 and has 2 bedrooms and 2 full baths with 975 sq. ft. E College Avenue, Unit 102 is located in the UNIVERSITY GATEWAY subdivision within the STATE COLLEGE AREA school district. Search UNIVERSITY GATEWAY real estate on www.realtymarkllc.com today.