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$260,000

1beds
|
1baths
|
625sqft
|
1985built
616 E College Ave,State College, PA 16801

Est.$1,710/moCustomize payment

What's special

$416/sqft

Price per square foot

Built in 1985

41 years old

Overview

Great investment! One-bedroom, one-bath condo in University Gateway with two tenants in place. Associated Realty manages the Condo Association. Across the street from the PSU campus and close to downtown State College. The furniture package, range, refrigerator, dishwasher, and microwave are all included. Good closet space and a first-floor location with laundry facilities nearby. Leased through August 2026, at $1375/mo. The owners are advertising the 2026-2027 school year for $ 1,425 per month. Easy to show.

Listed on November 1, 2025 · Source: MLS #PACE2516792

Property details

Cost estimate

Est. monthly payment

$1,786/mo
Principal & interest
$1,363
Property tax
$176
Home insurance (est.)
$87
HOA fee
$161

Down payment

$52,00020% of list price
Adjust down payment20%
0%25%50%

Based on 20% down ($52,000), 6.85% interest rate, 30-year fixed. Insurance is an estimate. Actual costs may vary.

Customize scenario

Price history

DateEventPrice
Nov 1, 2025Listed for sale$260,000

Location

616 E College Ave, State College, PA 16801

Nearby homes

$260,000

1 beds · 1 baths · 625 sqft