305 S Burrowes St, State College, PA 16801

$610,000
3
BD
2
BA
2,100
SqFt

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Sold Price
$610,000
List Price
$599,000
Status
CLOSED
Days on Market
8
Closing Date
Jan 28, 2026
MLS#
PACE2516706
Subtype
Residential
Style
Traditional
Year Built
1925
Bedrooms
3
Bathrooms
2
Full Baths
2
Living Area
2,100
Lot Size
7,405
Acres
0.17
Subdivision
State College Boro
MLS Area Major
State College Boro (16436)

Property Description

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.

Additional Information

Taxes
$4,895
Property Description
Traditional
Zoning
R3H
Heating
Electric Baseboard, Radiator(s)
Air Conditioning
Ductless Mini-Split
Levels
Two
Foundation
Stone
Parking Features
Assigned, Driveway (Gravel), On-site - Rent
School District
State College Area

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Listing courtesy of RE/MAX Centre Realty. Contact:

Selling Office: RE/MAX Centre Realty.