Downtown State College investment opportunity in the Ambassador Building! Located just one block from Penn State’s campus, this studio condominium offers a convenient setting close to campus and downtown amenities. Currently leased for $1,175 per month until August 2027, the property presents an opportunity to purchase a student rental with a lease already in place.
The efficient floor plan features a combined living and sleeping area, a separate kitchen, two closets, and a full bathroom with a tub/shower combination. Updated luxury vinyl flooring and kitchen countertops give the interior a fresh touch, while a large window brings natural light into the main living space. Wall-mounted air conditioning adds comfort, and the recently refreshed common hallways enhance the building’s overall presentation. The listing agent is an owner in the property.
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Listing Snapshot
Price
$199,000
Days On Site
16 Days
Bedrooms
1
Inside Area (SqFt)
378 sqft
Total Baths
1
Full Baths
1
Partial Baths
N/A
Lot Size
N/A
Year Built
1965
MLS Number
PACE2520620
Status
Active
Property Tax
$1,272
HOA/Condo/Coop Fees
$142 monthly
Sq Ft Source
Assessor
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Recent Activity
yesterday
Listing updated with changes from the MLS
2 weeks ago
Listing first seen on site
General Features
Foundation
Slab
Levels
One
Number Of Stories
5
Parking
None
Pets
No
Property Sub Type
Condominium
Sewer
Public Sewer
Special Circumstances
Standard
SqFt Above
378
SqFt Total
378
Style
Unit/Flat
Utilities
Cable Available
Water Source
Public
Zoning
C
Interior Features
Appliances
Electric RangeElectric OvenElectric Water HeaterRefrigerator
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