About This Home
This 0-bedroom, 0-bathroom residential multi family at 203 W KING Street in Chambersburg, PA is listed for $200,000 ($59 per sqft). Built in 1900, the home offers 3,402 sqft of living space on a 0.90 acres lot.
Key Features
- Built in 1900
- 0.90 acre lot
Property Details
Amenities
Unlock the potential of this exceptional commercial/residential investment property offering 3,402 square feet of opportunity. Whether you're looking to expand your investment portfolio, establish a business, or create multiple income-producing units, this versatile property is ready to bring your vision to life.
Formerly operating as a neighborhood bar and tavern, the property features two separate addresses and two separate electric meter boxes, providing flexibility for a variety of commercial and residential uses (subject to Borough approval). The possibilities are endless-from continuing a commercial operation to converting the space into additional residential units or creating a live-work investment.
The second-floor apartment is currently tenant occupied, generating $1,300 per month in rental income, with the tenant paying all utilities. This provides immediate cash flow while you plan your next investment move. The expansive main level offers tremendous redevelopment potential.
The existing layout could easily be transformed into a 1-bedroom efficiency apartment for quick rental income or reconfigured into a spacious 3-bedroom apartment, creating an additional revenue stream. Investors will appreciate the flexibility to maximize the property's earning potential while taking advantage of its generous footprint.
Major capital improvements have already been completed, helping minimize future expenses. A new heating system was installed in the upstairs apartment in 2025, and the roof was completely replaced in June 2026, providing peace of mind and adding long-term value.
Adding even more value, the sale includes all commercial coolers, refrigerators, and a commercial sink, making it more ideal for buyers. Whether you're a seasoned investor searching for your next income-producing asset, an entrepreneur seeking a flexible commercial space, or a buyer looking to capitalize on redevelopment opportunities, this propert
y offers exceptional value, multiple income possibilities, and the foundation for long-term success. Don't miss this rare opportunity to own a versatile mixed-use property with immediate rental income, significant upside potential, and countless possibilities for future growth. Schedule your private tour today!
Monthly Cost Estimate
$1,070/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
203 W KING Street
Chambersburg, PA 17201
CHAMBERSBURG BOROUGH
Property Details
Construction
Parking
Heating
Cooling
Questions & Answers
This 0-bedroom, 0-bathroom residential multi family at 203 W KING Street is listed at $200,000 ($59/sqft). The estimated monthly payment is $1,069 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.
Key features include: Built in 1900, 0.90 acre lot.
This property is listed by Madisan A Grove and can be reached at 7176813308.
