Comments for 305 S BURROWES STREET , State College, PA 16801
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.
Accessibility: Above Grade, Below Grade
Heating: Baseboard - Electric, Radiator
Basement: Yes
Lot Dimensions: 0.17 Acre(S)
Basement: Unfinished
Lot Size: 0.17 Acres
Cooling: Ductless/Mini-Split
Parking Notes: Assigned, Gravel Driveway, On-site - Rent
Days on Market: 89
Sewer: Public Sewer
Exterior: Brick
Taxes: $4,895
Fireplaces: 1
Water: Public
Fuel Type: Electric
Year Built: 1925
School District: STATE COLLEGE AREA