Chambersburg Multifamily Investment
For Sale
$150,000
Pending
217-219 East Washington Street, Chambersburg, PA 17201
Detached brick structure for consistent rental income in Chambersburg, PA.
Property Size3,000 SF
Lot Size0.07 Acres
Days on Market104
Property Features for 217-219 East Washington Street
General Information
Standard status
Pending
Size
3,000 SF
Lot size
0.07 Acres
Property subtype
Multi-Family / Fee Simple
Zoning
R
Taxes and HOA fees
Annual Taxes
$1.00
Amenities
No Pool
Building Details
Year Built
1900
Listing Agency:
LUX+
(717) 658-0998
Listed By:
Donovan Adams Mason · License #RS338622
(717) 658-0998
Source:
Compass
Added: May 1
Changed: Aug 8
Last Checked: Jul 16 at 7:57AM
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 LUX+
Investment Insights
Based on property information with market context.
This detached brick structure presents an opportunity for generating consistent rental income. Situated on a 0.07-acre lot, the property offers efficient management and potential for maximizing returns. Each unit can be tailored to attract a wide range of tenants, potentially ensuring high occupancy rates. The property's historical charm combined with modern rental demand may lead to increased rental rates over time. Positioned in an area with rental demand, this property benefits from proximity to essential amenities, public transportation, and local attractions. The absence of association fees or amenities allows for lower overhead costs. The brick construction ensures durability and low maintenance, reducing long-term expenses. The absence of a pool and extensive landscaping means less upkeep. Street parking is available for tenants. The property is located in Chambersburg Boro, Franklin County, within the CHAMBERSBURG AREA School District.
Key Highlights
- Consistent rental income potential in a desirable location.
- Low maintenance brick construction ensures durability.
- No association fees or amenities to maintain, resulting in lower overhead costs.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
1,245
Businesses Nearby
Explore this area
Business Placement
Demographics for 17201, PA
27,556
Population
12,749
Households
2.2
Avg Household Size
39
Median Age
28%
College-Educated
91%
High-School Grad
19.1 sq mi
ZIP Area
1,443
Density / Sq Mi
$59,645
Median Household Income
$42,500
Median Earnings
$1,109
Median Rent
$206,800
Median Home Value
Market
Vacancy Rate% for Multifamily in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Multifamily property - Detached brick structure for consistent rental income in Chambersburg, PA.
Where is this multifamily property located?
The property is located at 217-219 East Washington Street Chambersburg, PA.
What is the asking price?
The asking price for this property is $150,000.
What are key features of this property?
This property features: Consistent rental income potential in a desirable location.; Low maintenance brick construction ensures durability.; No association fees or amenities to maintain, resulting in lower overhead costs.
