20 E Gay Street Red Lion, PA $ 858,500
20 E Gay Street
$ 858,500
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20 E Gay Street

Red Lion, PA, 17356
$ 858,500
Bedrooms8 Baths0.0

Monthly Estimate*

$ 5,286

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Multi-Family Home for sale in Red Lion, PA

for $858,500 with 8 bedrooms. This home 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.

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Multi-Family Active

Price

$ 858,500

Bedrooms

8

Property Type

Multi-Family

Taxes

$ 5,995

Style

Lot Size

0.3

Year Built

1970

Town/City

Red Lion

County/Region

York

MLS | Web ID

PAYK2101230

Features
General
Living Area 0
Sewer Public Sewer
Heating Radiant
Cooling None
Possession Settlement
Roof Shingle
Zoning RESIDENTIAL TOWN
Architectural Style Other
Construction Materials Block Stick Built Vinyl Siding
School District RED LION AREA
Exclusions Tenant supplied washers/dryers
Year Built 1970
Property Subtype Other
Tax Year 2025
Ownership Fee Simple
Cool Fuel None
Municipality RED LION BORO
Section RED LION
Accessibility None
County YORK
Net Operating Income 58776.00
Operating Expense 16258.00
Insurance Expense 2636.00
New Construction N
Property Type Multi-Family
MaintenanceExpense 1484.00
Garage Y/N N
Water Access Y/N N
Other Structures Above Grade Below Grade
Status ACTIVE
Directions N on N Main St R on E Gay St Property is on the R
City RED LION
Number Of Units Total 4
MLS Area Red Lion Boro (15282)
Lot Size Units Square Feet
Lot Size Square Feet 12998.00
Number of Units Leased 6
Tax Annual Amount 5995.0
Property Condition Good
Two Bedroom 2
Structure Type Detached
Acceptable Financing Bank Portfolio Cash Conventional
Vacation Rental Y/N N
Lease Type Long Term Month to Month
Standard Status Active
Year Built Source Assessor
Tax Lot 0073
Total Actual Rent 78894.00
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Interior
Heating Fuel Electric
Basement Walkout Level
Hot Water Electric
Basement (Y/N) Y
Heating Y/N Y
Fireplace Y/N N
Central Air Y/N N
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Exterior
Pool No Pool
Parking Features Paved Parking
Water Source Public
Inclusions 6 Refrigerators 6 Electric Oven Ranges
Type of Parking Parking Lot
Foundation Details Block
Water View Y/N N
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
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Internal Only
Street Number 1 20
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* 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.
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Nearby
3535017 Elementary School
4305981 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
4/11/2026$858,500 Listed Price

Map


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20 E Gay Street, Red Lion, PA, 17356 is a Multi-Family Home for sale at $858,500 with a lot size of 0.3. 20 E Gay Street has 8 bedrooms, 0.0 baths, and was built in 1970. The property's zip code is 17356 which is in Red Lion, PA