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Five-unit apartment building in downtown Chambersburg at $75,000 per unit. Three 2BR/1BA, one 2BR/1.5BA, one 1BR/1BA. Four units leased at $3,475/month ($41,700/year); trailing 12-month gross income $48,233. Apartment 2 (2BR/1.5BA) is vacant and needs only paint and minor repairs, projecting to $1100/month and bringing scheduled rent to $4,575/month ($54,900/year). Several in-place rents were set years ago and sit below market, adding a second path to higher income at turnover. T12 operating expenses $13,057 before taxes and insurance. One recently replaced gas furnace heats the building; owner pays heat, water, sewer and trash, tenants pay their own electric. Apartment 4 has held the same tenant since 2010. T12 statements, rent roll and leases available on request. Schedule your showing today, you do not want to miss out on this!
| DAYS ON MARKET | 0 | LAST UPDATED | 9/2/2026 |
|---|---|---|---|
| YEAR BUILT | 1900 | COMMUNITY | Chambersburg Boro (14502) |
| COUNTY | FRANKLIN | STATUS | Active |
| PROPERTY TYPE(S) | Commercial |
| School District | CHAMBERSBURG AREA |
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| ADDITIONAL DETAILS | |
| AIR | None |
|---|---|
| APPLIANCES | Gas Water Heater |
| AREA | Chambersburg Boro (14502) |
| BASEMENT | Yes |
| CONSTRUCTION | Brick |
| HEAT | Natural Gas, Radiant |
| LOT | 3485 sq ft |
| PARKING | On Street |
| SEWER | Private Sewer |
| TAXES | 5544 |
| WATER | Public |
MORTGAGE CALCULATOR
TOTAL MONTHLY PAYMENT
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