Margaret Poisson - Century 21 Gold Key Realty Logo
$585,000
 $3,140 est/mo Sourced by Back At You

796 Pequea Ave,GAP, PA 17527

GAP, PA 17527

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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.

Details

MLS #PALA2093728
Listing TypeFor Sale
Sub-TypeResale
StatusPending-bright
Year1890
Days On Site47
Listing Provided ByWilliam Penn Real Estate Assoc | Chester Lapp

Features

SQ Feet2,915
Units4
ZoningR-1
Acreage0.47

Interior

CoolingWindow Unit(s)
Heating Yes / NoYes
HeatingBaseboard - Electric, Baseboard - Hot Water

Exterior

RoofAsphalt, Metal
Construction MaterialsFrame, Vinyl Siding
Foundation DetailsBlock

Parking

Garage Yes / NoNo

Taxes

Tax Annual Amount5711

Area Information

StatePA
CountyLANCASTER PA
CityGAP
Zip Code17527
AreaSalisbury Twp (10556)
School DistrictPEQUEA VALLEY
Listing VS Median (in 17527)
Price:
$585,000
low | high
Med:
$487,000
66.752136752137% of Average
sqft:
2,915
low | high
Med:
2,351
69.34819897084% of Average
$ / sqft:
$201
low | high
Med:
$207
46.781147865793% of Average
On site:
47
low | high
Med:
2
100% of Average
Sourced by Back At You

Market Activity 17527

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Learn More About This Property

Margaret Poisson

Margaret Poisson

Century 21 Gold Key Realty

RS-0018979 (302) 399-6835margaretpoisson@c21gk.com
StatePA
CountyLANCASTER PA
CityGAP
Zip Code17527
AreaSalisbury Twp (10556)
School DistrictPEQUEA VALLEY
Listing VS Median (in 17527)
Price:
$585,000
low | high
Med:
$487,000
66.752136752137% of Average
sqft:
2,915
low | high
Med:
2,351
69.34819897084% of Average
$ / sqft:
$201
low | high
Med:
$207
46.781147865793% of Average
On site:
47
low | high
Med:
2
100% of Average
Sourced by Back At You
Nearby Listings (Within 1/10 mile)
Price: $438K - $731K
sqft: 2,000 - 3,500
Nearby Listings Property ImageNearby Listings Details
781 BELLEVUE AVE Property Photo 1
$369,900
781 Bellevue Ave
Gap, PA 17527
Listing Updated: September 29, 2026 at 4:46:49 AM PDT

Margaret Poisson - Century 21 Gold Key Realty