796 PEQUEA AVE Gap, PA 17527
Open House
Thu Sep 03, 4:00pm - 6:00pm
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Detached
Listing Status Active
Purchase Type For Sale
Square Footage 2,915 sqft
Price per Sqft $94
MLS Listing ID PALA2093728
Style Colonial
Abv Grd Liv Area 2,915
Year Built 1890
Annual Tax Amount $5,711
Tax Year 2026
Lot Size 0.470 Acres
Acres 0.47
Property Sub-Type Detached
Source BRIGHT
Property Description
Discover an exceptional fully occupied 4-unit investment property at 796 Pequea Ave in Gap, PA, offering strong cash flow and excellent condition on a convenient 0.47-acre lot. This easy-to-manage multi-family features two well-maintained buildings: Units A & B comprise a spacious home recently updated with a new roof, vinyl siding, windows, front porch, and interior improvements, while Units C & D include a second 2-unit residence with a newly installed HVAC system. Generating approximately $56,400 in annual gross income ($4,700 monthly) with separate meters and tenants responsible for all utilities, the property benefits from low owner expenses (roughly $320/month for water, sewer, and trash), public sewer, off-street parking, a blacktop driveway, cement sidewalks, and a large backyard—delivering the reliable returns and low-maintenance appeal today's smart investors seek.
Location
State PA
County Lancaster
Area Salisbury Twp (10556)
Zoning R-1
Interior
Hot Water Electric
Heating Baseboard - Electric, Baseboard - Hot Water
Cooling Window Unit(s)
Heat Source Oil
Exterior
Garage Spaces 6.0
Water Access N
Roof Type Asphalt,Metal
Accessibility 2+ Access Exits
Total Parking Spaces 6
Garage N
Private Pool No
Building
Foundation Block
Above Ground Finished SqFt 2915
Sewer Public Sewer
Water Well
Architectural Style Colonial
Additional Building Above Grade, Below Grade
New Construction N
Schools
School District Pequea Valley
Others
Tax ID 560-44672-0-0000
Ownership Fee Simple
SqFt Source 2915
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Financing Cash,Conventional
Special Listing Condition Auction
NEARBY SCHOOL & BUSINESS
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Zack Grimmer
Associate Broker | Team Leader | REALTOR | Mortgage Loan Officer | License ID: RS346782 | 1973175 | BK359849