888 Chestnut Street, Gap, PA 17527-9307 $250,000

Open House: Wed, Jun 25, 4:00PM-6:00PM; Wed, Jul 16, 5:00PM-6:00PM
# of Units: 4
Interior Sq. Ft: 2,288
Acreage: 0.14
Age:115 years
Taxes: $3,328
MLS#: PALA2070724
Subdivision: None Available
Design/Type:
Other

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.

Taxes: $3,328
Home Assoc: No
Condo Assoc: No
Garage: Y
Basement: Y
Pool: No Pool
School Dist: Pequea Valley
Elem. School: Salisbury Mid. School: Pequea Valley High School: Pequea Valley

Features

Utilities
Baseboard - Electric Heating, Electric, None, None, Hot Water - Electric, Well Water, Public Sewer, 100 Amp Service, Cable TV Available, Electric Available, Phone Available, Sewer Available

Garage/Parking
Attached Garage, Driveway, Off Street, On Street, Garage - Side Entry, Paved Parking, Attached Garage Spaces #: 2;

Interior
Carpet, Kitchen - Eat-In, Kitchen - Galley, Full Basement, Fully Finished Basement, Carpet Flooring, Vinyl Flooring, Dry Wall, Plaster Walls, Insulated Windows, Storm Doors

Exterior
Block Foundation, Concrete Perimeter Foundation, Shingle Roof, Frame Exterior, Stucco Exterior, Porch(es), Roof Deck

Lot
Cleared Lot, Suburban, Street View, Black Top Road

Contact Information

Listing Courtesy of: Barr Realty Inc. , (717) 442-9221, steve@barr1.com

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Listing data as of 6/07/2025.