796 Pequea Ave, Gap, PA 17527

$275,000
2,915
SqFt

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List Price
$275,000
Days on Market
1
Status
ACTIVE
MLS#
PALA2093728
Living Area
2,915
Lot Size (Acres)
0.47000000000000003
Style
Colonial
Year Built
1890
County
Lancaster
School District
Pequea Valley

Property Description

**This property will be offered at Public Auction on September 23, 2026 @ 6:00 PM. The listing price is the suggested opening bid only and in no way reflects the final sales price. $35,000 initial investment is due on auction date. 2% transfer tax to be paid by the purchaser. Settlement on or before November 20, 2026.**Public Remarks** 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.

Additional Information

Area
Salisbury Twp (10556)
Taxes
$5711
School District
Pequea Valley
Heating
Baseboard - Electric, Baseboard - Hot Water
Heating Fuel
Oil
Cooling
Window Unit(s)
Roof
Asphalt, Metal
Water
Well
Sewer
Public Sewer

Mortgage Calculator

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Calculator source: Real Geeks

Listing courtesy of William Penn Real Estate Assoc. Contact: (717) 299-7070