616 E College Ave Unit 102, State College, PA 16801

$395,000
2
BD
2
BA
975
SqFt

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Sold Price
$395,000
List Price
$399,900
Closing Date
Apr 20, 2026
Days on Market
19
Status
CLOSED
MLS#
PACE2517700
Bedrooms
2
Bathrooms
2
Full Baths
2
Living Area
975
Style
Apartment
Year Built
1985
County
Centre
School District
State 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.

Additional Information

Area
State College Boro (16436)
Subdivision
University Gateway
Interior Features
Breakfast Area, Some Carpeting, Dining Combo, Dining Combo, Elevator, Flat, Open Floor Plan, Recessed Lighting, Eat-in Kitchen
School District
State College Area
High School
State College Area
Heating
Electric Baseboard
Cooling
Wall Units
Water
Public
Sewer
Public Sewer

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Listing courtesy of Realty One Group Landmark. Contact:

Selling Office: Realty One Group Landmark.