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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
Closing Date: Jan 28, 2026
Days on Market: 8
Status: CLOSED
MLS#: PACE2516706
Bedrooms: 3
Bathrooms: 2
Full Baths: 2
Living Area: 2,100
Lot Size (Acres): 0.17
Style: Traditional
Year Built: 1925
County: Centre
School District: State College Area

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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.

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Additional Information

Area: State College Boro (16436)
Subdivision: State College Boro
School District: State College Area
Fireplaces: 1
Heating: Electric Baseboard, Radiator(s)
Cooling: Ductless Mini-Split
Water: Public
Sewer: Public Sewer
Basement: Unfinished