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Furnished One-Bedroom Income Property
New
For Sale
$269,950

500 E COLLEGE AVENUE Unit 201, State College, PA 16801

Corner condominium offered fully furnished with rental permission, campus access, and urban amenities nearby.

Property Size630 SF
Price / SF$428.49
Days on Market4

Property Features for 500 E COLLEGE AVENUE Unit 201

General Information

Standard status Active
Size 630 SF
Elevators Yes
Property subtype Unit/Flat/Apartment

Additional Details

Furnished Yes
Public Transit Yes
Multifamily Units 1

Taxes and HOA fees

Annual Taxes $2,162

Amenities

on-site laundry

Building Details

Building Size 630 SF
Year Built 1983
Construction brick
Listing Agency: Keller Williams Advantage Realty
Listed By: Kristin O'Brien · License #RS295569
Source: Nelsonrealtypa
Added: Sep 2 Changed: Sep 4 Last Checked: Sep 5 at 6:32AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Keller Williams Advantage Realty

Investment Insights

Based on property information with market context.

This furnished corner condominium at Hetzel Plaza offers 630 square feet with one bedroom, one bathroom, and a layout that connects the kitchen, dining, and living areas. The residence includes a dishwasher, electric oven/range, refrigerator, walk-in closet, and a bathroom with tub shower. Built in 1983, the mid-rise community features a brick exterior, elevators, and on-site laundry.

The property is located at 500 E College Avenue, across from Penn State Campus and next to downtown State College amenities and public transportation. Renting is permitted. Association fees cover water, sewer, trash, and common-area maintenance, providing a defined operating structure for an owner-occupant or rental use.

Key Highlights

  • 630 SF corner condominium with 1 bedroom and 1 bathroom
  • Fully furnished and equipped with a dishwasher, electric oven/range, and refrigerator
  • Renting is allowed

Property Analytics

Current Use

Hetzel Plaza Apartment Building Uni-Mart Grocery & Convenience Store

Suggested Use

Top Pick Plumbing Service Storage Facility Locksmith (Bike/Boat/Book/etc) Store Kitchen & Bath Showroom Auto Parts Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

1
Residential units

Location Intelligence

Trade Area within ½ mile

2,055
Businesses Nearby

Demographics for 16801, PA

42,446
Population
19,242
Households
2.2
Avg Household Size
28
Median Age
67%
College-Educated
98%
High-School Grad
31.1 sq mi
ZIP Area
1,365
Density / Sq Mi
$62,821
Median Household Income
$27,598
Median Earnings
$1,221
Median Rent
$400,400
Median Home Value
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Residential income property - Corner condominium offered fully furnished with rental permission, campus access, and urban amenities nearby.
Where is this residential income property located?
The property is located at 500 E COLLEGE AVENUE Unit 201 State College, PA.
What is the asking price?
The asking price for this property is $269,950.
What are key features of this property?
This property features: 630 SF corner condominium with 1 bedroom and 1 bathroom; Fully furnished and equipped with a dishwasher, electric oven/range, and refrigerator; Renting is allowed
More about this property
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