796 Pequea Avenue Gap, PA $ 275,000
796 Pequea Avenue
$ 275,000
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796 Pequea Avenue

Gap, PA, 17527
$ 275,000
Bedrooms8 Baths0.0

Monthly Estimate*

$ 1,736

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Multi-Family Home for sale in Gap, PA

for $275,000 with 8 bedrooms. This home was built in 1890 on a lot size of 0.47.

**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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Multi-Family Active

Price

$ 275,000

Bedrooms

8

Property Type

Multi-Family

Taxes

$ 5,711

Style

Colonial

Lot Size

0.47

Year Built

1890

Town/City

Gap

County/Region

Lancaster

MLS | Web ID

PALA2093728

Features
General
Living Area 2915
Sewer Public Sewer
Heating Baseboard - Electric Baseboard - Hot Water
Cooling Window Unit(s)
Possession Settlement
Roof Asphalt Metal
Zoning R-1
Architectural Style Colonial
Construction Materials Frame Vinyl Siding
School District PEQUEA VALLEY
Year Built 1890
Property Subtype Quadruplex
Tax Year 2026
Ownership Fee Simple
Cool Fuel Electric
Municipality SALISBURY TWP
Accessibility 2+ Access Exits
County LANCASTER
New Construction N
Property Type Multi-Family
Garage Y/N N
Water Access Y/N N
Other Structures Above Grade Below Grade
Status ACTIVE
Directions Put the address in your GPS
City GAP
Disclosures None
Number Of Units Total 4
MLS Area Salisbury Twp (10556)
Lot Size Units Square Feet
Lot Size Square Feet 20473.00
Number of Units Leased 4
Tax Annual Amount 5711.0
Home Warranty Y/N N
Property Condition Good
Two Bedroom 2
Structure Type Detached
Price Per Sq Ft Total AG 94.34
Acceptable Financing Cash Conventional
Rent Control Y/N N
Vacation Rental Y/N N
Lease Type Gross
Standard Status Active
Year Built Source Estimated
Total Actual Rent 56000.00
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Interior
Heating Fuel Oil
Hot Water Electric
Heating Y/N Y
Central Air Y/N N
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Exterior
Pool No Pool
Water Source Well
Type of Parking Driveway
Foundation Details Block
Water View Y/N N
Lot Size Acres 0.47
Lot Size Source Estimated
Waterfront Y/N N
Land Assessed Value 72200.00
Navigable Water Y/N N
Water Oriented Y/N N
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Internal Only
Street Number 1 796
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* Excluded Features
List By
William Penn Real Estate Assoc

Broker

chet.lapp@gmail.com

Email

Affordability Calculator

$2,212
Per Month
78%
22%
0%
Monthly Principal & Interest
$1,736
Monthly Property Taxes
$476
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.49% 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
2136469 Elementary School
4306083 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
8/14/2026$275,000 Listed Price

Map


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796 Pequea Avenue, Gap, PA, 17527 is a Multi-Family Home for sale at $275,000 with a lot size of 0.47. 796 Pequea Avenue has 8 bedrooms, 0.0 baths, and was built in 1890. The property's zip code is 17527 which is in Gap, PA