796 PEQUEA AVE, Gap, PA 17527
796 PEQUEA AVE, Gap, PA 17527
796 PEQUEA AVE, Gap, PA 17527
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Listed by Chet Lapp • William Penn Real Estate Assoc
$275,000
Est. payment /mo
2,915 SqFt
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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

**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.

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


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Bright MLS (BMLS)

NEARBY SCHOOL & BUSINESS

John Davison
John Davison

+1(484) 986-7388 | john@digz.house

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