$250,000

888 CHESTNUT STREET, Gap, PA 17527

  • 2,288 sqft
  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in 1910
  • Property Lot Size Icon6,098sqft lot
  • Property Parking Icon 2 car garage
  • Property Price Per Square Feet Icon $109/sqft
  • Property List Date Icon Listed 18 days ago

Property Description

Property is being offered at a live public onsite auction on Wednesday, July 16, 2025 at 6PM. Listed price is for entry purposes and does not reflect the sale price. Sale Price is subject to seller confirmation at the auction. Property consists of a well kept 4 unit apartment building with attached 2 car garage. There are (2) 2 bedroom units and (2) 1 bedroom units, plus the attached garage rental included. All units have electric baseboard heat paid by tenants and landlord owns all oven/ranges and refrigerators. Property has public sewer and well water. Gross years income is $39,960, Estimated annual expenses are $8,768 with an estimated net income of $31,192 as it exists. Most tenants have been there for 3+ years and want to stay. This is a clean well built and kept building that current owner has owned since 1986. Don't miss this opportunity to own a great investment property is a growing area.

Listing Status:
Active
Date Added:
May 30, 2025 at 05:00AM
Listing Office:
Barr Realty Inc. : 7174429221
Listing Agent:
Stephen J Barr : 7174429221
MLS ID:
PALA2070724
  • General: CarpetKitchen - Eat-InKitchen - Galley
  • Appliances: Oven/Range - ElectricRefrigerator
  • Basement: DaylightFullFully Finished
  • Flooring: CarpetVinyl
  • A/C: None
  • Heating: YBaseboard - ElectricElectric
  • Disability Feature: None

This listing courtesy of Stephen J Barr, Barr Realty Inc.

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

S

Salisbury Elementary School

422 School Lane Rd, Gap, PA, 17527

Grades KG-6

2.38 miles away

P

Pequea Valley Intermediate School

166 S New Holland Rd, Kinzers, PA, 17535

Grades 7-8

3.50 miles away

P

Pequea Valley High School

4033 E Newport Rd, Kinzers, PA, 17535

Grades 9-12

3.60 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.