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203 W King St , Chambersburg, PA 17201
$180,000
Est. Payment: $972.39/mo
4 Bed
3402 Sqft
0.9 Acres
Status: active | Days on site: 126
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KWKRC1 - 3317909
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House Description

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!

Highlights

Listed by Madisan A Grove , 7176813308 Keller Williams Keystone Realty , 7175048002. Bright MLS

Property Type

Multi-Family

Lot/Acreage
0.9

Year Built

1900

County

Franklin

Area

Chambersburg Boro (14502)

Neighborhood

Chambersburg Borough

School District

Chambersburg Area

Listing ID

PAFL2035754

Questions about this listing?

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Interior Features

Bedrooms and Bathrooms
  • ▪ Bedrooms:4
Air Cond:Central A/C,Window Unit(s)
Fireplaces:
Above Ground Sq Ft:3402
Basement:Unfinished
Water:Public

Exterior Features

Lot:Not New Construction,Horse Property: No
Zoning:RESIDENTIAL/COMMERCIAL
Roof:Shingle
Sewer:Public Sewer
Parking Features:On Street
Principal Interest
$972
Taxes
$283

Home Price

$180,000

Loan Details

30 yrs
7.148%

Down Payment

20%
$36,000
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$972.39

Principal

Taxes

Principal Taxes HOA Total
Monthly $972.39 $282.50 $0.00 $1,254.89
Yearly $11,668.69 $3,390.00 $0.00 $15,058.69
Total $350,060.82 $101,700.00 $0.00 $451,760.82
Lender profile image
Chico Gordy
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Market insight data is pulled from the same city as the listing being viewed (Chambersburg, PA).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

Information provided by Bright MLS, and is deemed reliable but not guaranteed accurate.

IDX service by Blueroof 360

Data last updated: 2026-11-14T11:13:36.000Z

© 2026 Bright MLS