203 W King St, Chambersburg, PA 17201
Local realty services provided by:Pagoda Realty ERA Powered
203 W King St,Chambersburg, PA 17201
$190,000
- 4 Beds
- - Baths
- 3,402 sq. ft.
- Multi-family
- Active
Listed by: madisan a grove
Office: keller williams keystone realty
MLS#:PAFL2035754
Source:BRIGHTMLS
Price summary
- Price:$190,000
- Price per sq. ft.:$55.85
About this home
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 property 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!...
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Home facts
- Year built:1900
- Subdivision & Development:CHAMBERSBURG BOROUGH
- Listing ID #:PAFL2035754
- Added:92 day(s) ago
- Updated:September 28, 2026 at 01:56 PM
Rooms and interior
- Bedrooms:4
- Basement:Yes
- Basement Description:Unfinished
- Living area:3,402 sq. ft.
Heating and cooling
- Cooling:Central A/C, Window Unit(s)
- Heating:Baseboard - Electric, Electric
Structure and exterior
- Roof:Shingle
- Year built:1900
- Building area:3,402 sq. ft.
- Lot area:0.9 Acres
- Lot Features:Downtown
- Architectural Style:Colonial
- Construction Materials:Stone, Vinyl Siding
Schools
- High school:CHAMBERSBURG AREA
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$190,000
- Price per sq. ft.:$55.85
- Tax amount:$3,390 (2025)
Parking
- Parking description:On Street
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