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State College,PA 16801
Key Details
Property Type Single Family Home
Sub Type Detached
Listing Status Active
Purchase Type For Sale
Square Footage 2,100 sqft
Price per Sqft $285
Subdivision State College Boro
MLS Listing ID PACE2516706
Style Traditional
Bedrooms 3
Full Baths 2
Year Built 1925
Available Date 2025-10-31
Annual Tax Amount $4,895
Tax Year 2025
Lot Size 7,405 Sqft
Property Sub-Type Detached
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.
Location
State PA
County Centre
Area State College Boro (16436)
Zoning R3H
Interior
Hot Water Electric
Heating Baseboard - Electric,Radiator
Cooling Ductless/Mini-Split
Fireplaces Number 1
Laundry Main Floor
Exterior
Garage Spaces 13.0
Parking On Site 13
Water Access N
Building
Story 2
Foundation Stone
Sewer Public Sewer
Water Public
New Construction N
Schools
School District State College Area
Others
Special Listing Condition Standard