The Jocelyn Shay Team

License#

796 PEQUEA AVENUE, Gap, PA 17527

 (Sold on )

$585,000

  • Open House
  • New Listing
  • Price Reduced$310,000
  • Pending
-1 More Schedule
  • 0 BedroomBeds
  • 0 BathroomBaths
  • 2,915Sqft
  • 0Acres
  • Multi-FamilyType
  • PALA2093728MLS#
-1 More Schedule

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 backyarddelivering the reliable returns and low-maintenance appeal todays smart investors seek.

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Property Details 796 PEQUEA AVENUE, GAP, PA 17527

Facts & Features

  • MLS #: PALA2093728
  • Status: Pending
  • Date Listed: 08/14/2026
  • Type: Multi-Family
  • Sub Type: Quadruplex
  • Year Built: 1890
  • Style: Colonial
  • Price: $585,000
  • Acres: 0.47
  • Area: Salisbury Twp (10556)
  • County: Lancaster
  • Total SqFt: 2,915

Amenities

  • Waterfront Type: Well

Interior

  • Heating: Baseboard - Electric, Baseboard - Hot Water
  • Cooling: Window Unit(s)

Exterior

  • Roof: Asphalt, Metal
  • Construction: Frame, Vinyl Siding

Schools

  • School District: Pequea Valley

Additional Information

  • Zoning: R-1

Tax Information

  • Tax: $5,711

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