616 E College Ave Unit 401, State College, PA 16801

$390,000
2
BD
2
BA
975
SqFt

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Sold Price
$390,000
List Price
$400,000
Status
CLOSED
Days on Market
111
Closing Date
Sep 30, 2026
MLS#
PACE2518752
Subtype
Residential
Style
Traditional
Year Built
1985
Bedrooms
2
Bathrooms
2
Full Baths
2
Living Area
975
Subdivision
University Gateway
MLS Area Major
State College Boro (16436)

Property Description

Great opportunity to add this Downtown State College condo to your investment portfolio or to provide housing for your PSU student. This spacious 2-bedroom, 2-full bath unit features updated LVP and carpet flooring, updated bathroom vanities, and newer kitchen countertops and appliances. Located just across the street from campus and steps away from all the amenities of Downtown State College, convenience doesn't get better than this. Fully leased through July 2027 ($2,680/month for 2026-2027). A solid income-producing property. Furniture package and an active rental permit included. One of the sellers is a licensed real estate agent in the Commonwealth of Pennsylvania.

Additional Information

Interior Features
Some Carpeting, Open Floor Plan, Eat-in Kitchen, Galley Kitchen, Bath in Primary Bedroom, Upgraded Countertops, Walk-In Closet(s)
Taxes
$2,768
Property Description
Traditional
Zoning
R
Appliances
Dishwasher, Electric Range
Heating
Electric Baseboard
Air Conditioning
Wall Units
Levels
Five Or More
Foundation
Other
School District
State College Area

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Listing courtesy of Kissinger, Bigatel & Brower. Contact:

Selling Office: Unrepresented.