5302 Lincoln Highway Gap, PA $ 340,000
5302 Lincoln Highway
$ 340,000
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5302 Lincoln Highway

Gap, PA, 17527
$ 340,000
Bedrooms4 Baths0.0

Monthly Estimate*

$ 2,147

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Multi-Family Home for sale in Gap, PA

for $340,000 with 4 bedrooms. This home was built in 1930 on a lot size of 0.24.

Sought after 2 unit property located on a corner lot in a desirable location. There is a screened rear porch that leads into the 1st floor unit. This mostly remodeled unit features the kitchen with white cabinets, tile backsplash, electric stove, dishwasher, built-in microwave, and a refrigerator. The full bathroom has a tub with a separate shower. The living room and both bedrooms have beautiful wood floors. This unit has access to a partial basement for storage. Projected rent for this unit is $1,600+- per month. The 2nd floor unit enters from the front of the home. There is a spacious kitchen, a living room, 2 bedrooms and a full bath. One of the bedrooms is currently used by the tenant as a dining room. This unit has access to a large attic for storage. The current long term tenant would like to stay. The current rent is $930 per month. There is a large barn on the property with a loft. The current rent for the barn is $230 per month. The owner pays the common electric for the property, and also pays for the oil heat, with a 3 year average of $2,124 per year. The owner also pays for public sewer which is $960 per year. The owner's insurance for the last year was $1,495. The tenants pay for their own electric and trash. There is a laundry hook-up in the large section of the basement not currently being used. This is a very nice property with several convenient off street parking spots. Per the township website the home is zoned GC (General Commercial). Act on this opportunity to own a rare multi-unit property in this great location.

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Multi-Family Active

Price

$ 340,000

Bedrooms

4

Property Type

Multi-Family

Taxes

$ 3,336

Style

Colonial

Lot Size

0.24

Year Built

1930

Town/City

Gap

County/Region

Lancaster

MLS | Web ID

PALA2093326

Features
General
Living Area 1745
Sewer Public Sewer
Heating Radiator Hot Water
Cooling None
Possession Subject to Existing Lease
Appliances Oven/Range - Electric Refrigerator
Zoning GC
Architectural Style Colonial
Construction Materials Vinyl Siding
School District PEQUEA VALLEY
Exclusions Tenant's personal property
Year Built 1930
Electric Circuit Breakers
Property Subtype Duplex
Tax Year 2026
Ownership Fee Simple
Cool Fuel None
Municipality SALISBURY TWP
Accessibility None
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 Route 30 West left on Newport Rd. (772) left on Lincoln Hwy. to property on the right shortly after Bellevue Ave. Best to enter from the alley in the rear which is off of route 30 just before the pr
City GAP
Disclosures Prop Disclosure Lead Based Paint - State Other
Number Of Units Total 2
MLS Area Salisbury Twp (10556)
Lot Size Units Square Feet
Lot Size Square Feet 10454.00
Number of Units Leased 2
Tax Annual Amount 3336.0
Two Bedroom 2
Structure Type Detached
Price Per Sq Ft Total AG 194.84
Acceptable Financing Cash Conventional
Rent Control Y/N N
Vacation Rental Y/N N
Lease Type Month to Month
Standard Status Active
Year Built Source Estimated
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Interior
Interior Amenities Bathroom - Jetted Tub Kitchen - Eat-In Wood Floors
Heating Fuel Oil
Basement Partial
Flooring Carpet Vinyl Wood
Hot Water Electric
Furnished Units None
Basement (Y/N) Y
Heating Y/N Y
Fireplace Y/N N
Central Air Y/N N
Avg. Heating Oil Per Month 177.0
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Exterior
Pool No Pool
Parking Features Gravel Driveway
Lot Features Corner Level
Water Source Well
Inclusions 2 Refrig.
Type of Parking Driveway
Foundation Details Stone
Water View Y/N N
Lot Size Acres 0.24
Lot Size Source Estimated
Waterfront Y/N N
Land Assessed Value 59100.00
Navigable Water Y/N N
Water Oriented Y/N N
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Internal Only
Street Number 1 5302
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* Excluded Features
List By
Keller Williams Real Estate -Exton

Broker

toddreed@comcast.net

Email

Affordability Calculator

$2,425
Per Month
89%
11%
0%
Monthly Principal & Interest
$2,147
Monthly Property Taxes
$278
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
9/1/2026$340,000 Listed Price

Map


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5302 Lincoln Highway, Gap, PA, 17527 is a Multi-Family Home for sale at $340,000 with a lot size of 0.24. 5302 Lincoln Highway has 4 bedrooms, 0.0 baths, and was built in 1930. The property's zip code is 17527 which is in Gap, PA