20 E GAY ST, Red Lion, PA 17356
20 E GAY ST, Red Lion, PA 17356
20 E GAY ST, Red Lion, PA 17356
20 E GAY ST, Red Lion, PA 17356
20 E GAY ST, Red Lion, PA 17356
20 E GAY ST, Red Lion, PA 17356
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Listed by Matthew Koch • Keller Williams Elite
$ 858,500
Est. payment | /mo

0.3 Acres Lot


Save
$ 858,500
Est. payment | /mo
Save

0.3 Acres Lot

Key Details

Property Type Commercial

Sub Type Five Or More Units

Listing Status Pending

Purchase Type For Sale

Subdivision Red Lion Boro

MLS Listing ID PAYK2101174

Year Built 1970

Annual Tax Amount $5,995

Tax Year 2025

Lot Size 0.298 Acres

Acres 0.3

Property Sub-Type Five Or More Units

Source BRIGHT

Property Description

This well-maintained 6-unit multifamily property presents a turnkey investment opportunity in Red Lion. The building consists of two 2-bedroom, 1-bath units and four 1-bedroom, 1-bath units, offering a desirable unit mix that appeals to a wide range of tenants.

Designed for ease of ownership and strong cash flow potential, tenants are responsible for nearly all operating expenses, helping to keep owner costs low and maximize net income. The property also features separately metered utilities, including water, providing additional efficiency and expense control.

Numerous capital improvements have already been completed, allowing the next owner to step into a stabilized, low-maintenance asset with confidence. Additional features include a paved parking lot for tenant convenience and ample off-street parking.

Whether you are expanding an existing portfolio or seeking a strong income-producing property, this Red Lion multifamily building offers an exceptional combination of stability, efficiency, and long-term upside.

Location

State PA

County York

Area Red Lion Boro (15282)

Zoning RESIDENTIAL TOWN

Interior

Hot Water Electric

Heating Radiant

Cooling None

Inclusions 6 Refrigerators, 6 Stoves

Heat Source Electric

Exterior

Garage Spaces 8.0

Water Access N

Roof Type Shingle

Accessibility None

Total Parking Spaces 8

Garage N

Building

Foundation Block

Sewer Public Sewer

Water Public

New Construction N

Schools

School District Red Lion Area

Others

Tax ID 82-000-03-0073-00-00000

Ownership Fee Simple

Acceptable Financing Cash, Bank Portfolio, Conventional

Listing Terms Cash, Bank Portfolio, Conventional

Financing Cash,Bank Portfolio,Conventional

Special Listing Condition Standard

Bright MLS (BMLS)

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20 E GAY ST

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