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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!

Source: BRIGHT MLS, MLS#: PAFL2035754

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  • Property Type
    Residential Income
  • Lot
    0.90 acres

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Owning this Home

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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

Life at 203 W KING STREET


Schools


School data courtesy of LiveBy, Inc.
Ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating. The schools displayed on this website are for informational purposes only and may not represent a complete or up-to-date list. School assignments are subject to change and should be verified directly with the local school district. Please contact the appropriate school district to confirm school zoning and enrollment eligibility for this property.

History

Date Event Value Agent
6/27/2026Source: BRIGHT MLS Added to Database
June 27, 2026
12/3/2024Source: BRIGHT MLS Price Reduction
$164,500 -5.9%
12/3/2024Source: BRIGHT MLS Price Reduction
$154,900 -5.8%
12/3/2024Source: BRIGHT MLS Status Change
ACTIVE UNDER CONTRACT
12/3/2024Source: BRIGHT MLS Status Change
CLOSED
Listing provided courtesy of Keller Williams Keystone Realty- MLS# PAFL2035754MLS ProviderContact Information: [email protected] - 7175048002