Looking to start or expand your student rental portfolio in State College/PSU, then this exceptional opportunity is for you. This 2-bedrooms, 2-full bathrooms condo with LVP flooring in living room, hallway and kitchen area, carpet in 2 bedrooms. This unit is ready to go. Located in the heart of downtown, just across from Penn State main campus. Very strong rental history. Furniture package and an active rental permit included. 24-hour notice needed. Currently leased through Aug. 2025($2600/month)
Sold for $385,000 on 08/08/25
$385,000
616 E College Ave APT 606, State College, PA 16801
2beds
975sqft
Condominium
Built in 1985
-- sqft lot
$385,800 Zestimate®
$395/sqft
$1,606 Estimated rent
What's special
Zillow last checked: 7 hours ago
Listing updated: August 08, 2025 at 06:23am
Listed by:
Jie Peng 814-231-8200,
RE/MAX Centre Realty
Bought with:
Eric Hurvitz, RS303749
RE/MAX Centre Realty
Source: Bright MLS,MLS#: PACE2514454

Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 2
- Full bathrooms: 2
- Main level bathrooms: 2
- Main level bedrooms: 2
Bedroom 1
- Level: Main
- Area: 96 Square Feet
- Dimensions: 12 x 8
Bedroom 2
- Level: Main
- Area: 170 Square Feet
- Dimensions: 17 x 10
Kitchen
- Description: 1
- Level: Main
- Area: 90 Square Feet
- Dimensions: 10 x 9
Living room
- Description: 1
- Level: Main
- Area: 224 Square Feet
- Dimensions: 16 x 14
Heating
- Baseboard, Electric
Cooling
- Wall Unit(s), Electric
Appliances
- Included: Electric Water Heater
- Laundry: Main Level
Features
- Flooring: Carpet, Luxury Vinyl
- Has basement: No
- Number of fireplaces: 1
Interior area
- Total structure area: 975
- Total interior livable area: 975 sqft
- Finished area above ground: 975
- Finished area below ground: 0
Property
Parking
- Parking features: On Street
- Has uncovered spaces: Yes
Accessibility
- Accessibility features: Accessible Elevator Installed
Features
- Levels: Six
- Stories: 6
- Pool features: None
Details
- Additional structures: Above Grade, Below Grade
- Parcel number: 36014,006,0606
- Zoning: R
- Special conditions: Standard
Construction
Type & style
- Home type: Condo
- Property subtype: Condominium
- Attached to another structure: Yes
Materials
- Brick
- Foundation: Other
Condition
- Very Good
- New construction: No
- Year built: 1985
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & neighborhood
Security
- Security features: Main Entrance Lock
Location
- Region: State College
- Subdivision: University Gateway
- Municipality: STATE COLLEGE BORO
HOA & financial
Other fees
- Condo and coop fee: $245 monthly
Other
Other facts
- Listing agreement: Exclusive Right To Sell
- Ownership: Condominium
- Road surface type: Paved
Services availability

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