$599,000

305 S BURROWES ST, State College, PA 16801

3 beds |
2 baths |
2,100 sqft

Single-Family Home
Built in 1925
7,405sqft lot
—— car garage
$285/sqft
Listed 2 months ago

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.

Listing Status:: Pending
Date Added:: October 31, 2025 at 05:00AM
Listing Office:: RE/MAX Centre Realty : 8142318200
Listing Agent:: Marc Mcmaster : 8143606961
MLS ID:: PACE2516706

Laundry: Main Floor
Basement: Unfinished
A/C: Ductless/Mini-Split
Heating: Baseboard - ElectricRadiatorElectric
Fireplace: FireplaceFireplaces: 1
Disability Feature: None

General: Above GradeBelow Grade
Style: Traditional
Parking: AssignedGravel DrivewayOn-site - Rent

General: Brick2Stone

Originating MLS: BRIGHT_MAIN
School District: STATE COLLEGE AREA
County: CENTRE-PA

Zoning: R3H36-011-469-0000-

Water: Public
Sewer: Public Sewer

Source: BRIGHT_MAIN
Exclusions: all tenants personal belongings

This listing courtesy of Marc Mcmaster, RE/MAX Centre Realty

Monthly Payment

$Est. Payment

Principal & Interest $
Property Taxes $
Home Insurance $
VA Funding Fee $

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Location

Schools Nearby

Easterly Parkway Elementary

234 Easterly Pkwy, State College, PA, 16801

Grades KG-5

0.71 miles away

Mount Nittany Middle School

656 Brandywine Dr, State College, PA, 16801

Grades 6-8

2.80 miles away

State College Area High School

650 Westerly Pkwy, State College, PA, 16801

Grades 9-12

0.66 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.