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3 Beds
2 Baths
2,100 SqFt
Pending
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.
Property Details | ||
|---|---|---|
| Price | $599,000 | |
| Bedrooms | 3 | |
| Full Baths | 2 | |
| Total Baths | 2 | |
| Property Style | Traditional | |
| Lot Size | 0.00 x 0.00 | |
| Lot Size Area Units | Square Feet | |
| Acres | 0.17 | |
| Property Type | Residential | |
| Sub type | SingleFamilyResidence | |
| MLS Sub type | Detached | |
| Stories | 2 | |
| Year Built | 1925 | |
| Fireplaces | 1 | |
| Subdivision | STATE COLLEGE BORO | |
| Heating | Baseboard - Electric,Radiator | |
| Foundation | Stone | |
| Accessibility | None | |
| Parking Description | Assigned,Gravel Driveway,On-site - Rent | |
Geographic Data | ||
| Directions | From W Beaver Ave, turn onto S Burrowes Street. Property is on the left after W Foster Ave. | |
| County | CENTRE | |
| Latitude | 40.79039 | |
| Longitude | -77.86061 | |
| Market Area | State College Boro (16436) | |
Address Information | ||
| Address | 305 S BURROWES ST, STATE COLLEGE, PA 16801 | |
| Postal Code | 16801 | |
| City | STATE COLLEGE | |
| State | PA | |
| Country | United States | |
Listing Information | ||
| Listing Office | RE/MAX Centre Realty | |
| Listing Office Email | info@statecollegehomes.com | |
| Listing Agent | Marc Mcmaster | |
| Special listing conditions | Standard | |
| Ownership | Fee Simple | |
School Information | ||
| District | STATE COLLEGE AREA | |
MLS Information | ||
| Days on market | 8 | |
| MLS Status | Pending | |
| Listing Date | Oct 31, 2025 | |
| Listing Last Modified | Nov 7, 2025 | |
| Tax ID | 36-011-,469-,0000- | |
| Tax Year | 2025 | |
| Tax Annual Amount | 4895 | |
| MLS Area | State College Boro (16436) | |
| MLS # | PACE2516706 | |
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This information is believed to be accurate, but without any warranty.