20 E Gay Street Red Lion, PA $ 858,500
20 E Gay Street
$ 858,500
Recently Listed
Share Save

20 E Gay Street

Red Lion, PA, 17356
$ 858,500
Bedrooms-- Baths-- Sq 4,090

Monthly Estimate*

$ 5,286

20 E Gay Street, Red Lion, PA 17356 - Image 1
20 E Gay Street, Red Lion, PA 17356 - Image 2
20 E Gay Street, Red Lion, PA 17356 - Image 3
20 E Gay Street, Red Lion, PA 17356 - Image 4
20 E Gay Street, Red Lion, PA 17356 - Image 5
20 E Gay Street, Red Lion, PA 17356 - Image 6
20 E Gay Street, Red Lion, PA 17356 - Image 7
20 E Gay Street, Red Lion, PA 17356 - Image 8
20 E Gay Street, Red Lion, PA 17356 - Image 9
20 E Gay Street, Red Lion, PA 17356 - Image 10
20 E Gay Street, Red Lion, PA 17356 - Image 11
20 E Gay Street, Red Lion, PA 17356 - Image 12
20 E Gay Street, Red Lion, PA 17356 - Image 13
20 E Gay Street, Red Lion, PA 17356 - Image 14
20 E Gay Street, Red Lion, PA 17356 - Image 15
20 E Gay Street, Red Lion, PA 17356 - Image 16
20 E Gay Street, Red Lion, PA 17356 - Image 17
20 E Gay Street, Red Lion, PA 17356 - Image 18
20 E Gay Street, Red Lion, PA 17356 - Image 19
20 E Gay Street, Red Lion, PA 17356 - Image 20
20 E Gay Street, Red Lion, PA 17356 - Image 21
20 E Gay Street, Red Lion, PA 17356 - Image 22
20 E Gay Street, Red Lion, PA 17356 - Image 23
20 E Gay Street, Red Lion, PA 17356 - Image 24
20 E Gay Street, Red Lion, PA 17356 - Image 25
20 E Gay Street, Red Lion, PA 17356 - Image 26

Commercial Property for sale in Red Lion, PA

for $858,500. This 4,090 square foot building was built in 1970 on a lot size of 0.3.

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.

See more

Commercial Active

Price

$ 858,500

Property Type

Commercial

Taxes

$ 5,995

Style

Apartment Building

Lot Size

0.3

Year Built

1970

Town/City

Red Lion

County/Region

York

MLS | Web ID

PAYK2101174

Features
Interior
Heating Fuel Electric
Hot Water Electric
Heating Y/N Y
Central Air Y/N N
Total Restrooms 6
See more
General
Sewer Public Sewer
Heating Radiant
Cooling None
Possession Settlement
Roof Shingle
Zoning RESIDENTIAL TOWN
Construction Materials Block Stick Built Vinyl Siding
Exclusions Tenants belongings tenant supplied washers/dryers(all sets currently)
Year Built 1970
Property Subtype Five Or More Units
Tax Year 2025
Ownership Fee Simple
Cool Fuel None
Municipality RED LION BORO
Gross Income 75034.00
Business Type Apartment Building
Accessibility None
County YORK
Net Operating Income 58776.00
Operating Expense 16258.24
Insurance Expense 2636.04
New Construction N
Property Type Commercial Sale
MaintenanceExpense 1484.05
Subdivision Name RED LION BORO
Water Access Y/N N
Status ACTIVE
Directions N on N Main St R on E Gay St Building is on the R. Parking lot is accessible by turning R on N Church Ln followed by a L onto the alley that runs behind the properties.
City RED LION
Number Of Units Total 6
MLS Area Red Lion Boro (15282)
Lot Size Units Square Feet
Lot Size Square Feet 12998.00
Tax Annual Amount 5995.0
Property Condition Good
Price Per Sq Ft Total AG 209.9
Acceptable Financing Cash Bank Portfolio Conventional
Historic Y/N N
Vacation Rental Y/N N
Standard Status Active
Year Built Source Assessor
Tax Lot 0073
See more
Exterior
Parking Features Paved Parking
Water Source Public
Inclusions 6 Refrigerators 6 Stoves
Type of Parking Parking Lot
Foundation Details Block
Water View Y/N N
Building Area Total 4090.00
Lot Size Acres 0.30
Lot Size Source Assessor
Waterfront Y/N N
Land Assessed Value 0.00
Navigable Water Y/N N
Water Oriented Y/N N
See more
Internal Only
Street Number 1 20
See more
* Excluded Features
List By
Keller Williams Elite

Broker

matthew@kghomegroup.com

Email

Affordability Calculator

$5,786
Per Month
91%
9%
0%
Monthly Principal & Interest
$5,286
Monthly Property Taxes
$500
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Learn more about how to save

Discover how much house you can afford

Your dream home may be within reach.

Learn More about how to save

The time to sell is now
THE TIME TO SELL IS NOW! What's my home worth?
Nearby
2136830 Elementary School
2137124 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
4/10/2026$858,500 Listed Price

Map


See all

20 E Gay Street, Red Lion, PA, 17356 is a Commercial Property for sale at $858,500 with 4,090 sqft and a lot size of 0.3. 20 E Gay Street was built in 1970. The property's zip code is 17356 which is in Red Lion, PA