888 CHESTNUT ST Open House Save Request In-Person Tour Request Virtual Tour
Gap,PA 17527
OPEN HOUSE
Wed Jun 25, 4:00pm - 6:00pm
Key Details
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Active
Purchase Type For Sale
Square Footage 2,288 sqft
Price per Sqft $109
Subdivision None Available
MLS Listing ID PALA2070724
Style Converted Dwelling
Abv Grd Liv Area 1,888
Year Built 1910
Annual Tax Amount $3,328
Tax Year 2024
Lot Size 6,098 Sqft
Acres 0.14
Lot Dimensions 0.00 x 0.00
Property Sub-Type Quadruplex
Source BRIGHT
Property Description
Property is being offered at a live public onsite auction on Wednesday, July 16, 2025 at 6PM. Listed price is for entry purposes and does not reflect the sale price. Sale Price is subject to seller confirmation at the auction. Property consists of a well kept 4 unit apartment building with attached 2 car garage. There are (2) 2 bedroom units and (2) 1 bedroom units, plus the attached garage rental included. All units have electric baseboard heat paid by tenants and landlord owns all oven/ranges and refrigerators. Property has public sewer and well water. Gross years income is $39,960, Estimated annual expenses are $8,768 with an estimated net income of $31,192 as it exists. Most tenants have been there for 3+ years and want to stay. This is a clean well built and kept building that current owner has owned since 1986. Don't miss this opportunity to own a great investment property is a growing area.
Location
State PA
County Lancaster
Area Salisbury Twp (10556)
Zoning RESIDENTIAL
Rooms
Basement Daylight, Full,Fully Finished
Interior
Interior Features Carpet,Kitchen - Eat-In,Kitchen - Galley
Hot Water Electric
Heating Baseboard - Electric
Cooling None
Flooring Carpet,Vinyl
Inclusions All appliances owned by seller.
Equipment Oven/Range - Electric,Refrigerator
Fireplace N
Window Features Insulated
Appliance Oven/Range - Electric,Refrigerator
Heat Source Electric
Exterior
Exterior Feature Porch(es),Roof
Parking Features Garage - Side Entry
Garage Spaces 6.0
Utilities Available Cable TV Available,Electric Available,Phone Available,Sewer Available
Water Access N
View Street
Roof Type Shingle
Street Surface Black Top
Accessibility None
Porch Porch(es),Roof
Road Frontage Boro/Township
Attached Garage 2
Total Parking Spaces 6
Garage Y
Building
Lot Description Cleared
Foundation Block,Concrete Perimeter
Sewer Public Sewer
Water Well
Architectural Style Converted Dwelling
Additional Building Above Grade,Below Grade
Structure Type Dry Wall,Plaster Walls
New Construction N
Schools
Elementary Schools Salisbury
Middle Schools Pequea Valley
High Schools Pequea Valley
School District Pequea Valley
Others
Tax ID 560-09060-0-0000
Ownership Fee Simple
SqFt Source Assessor
Acceptable Financing Cash
Listing Terms Cash
Financing Cash
Special Listing Condition Auction