20 E GAY STREET

RED LION, PA 17356
$858,500
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, tenantsRead MoreRead Less
Courtesy of Matthew Joseph Koch, Keller Williams Elite 717-553-2500
Listing Snapshot
Days Online
2
Last Updated
Property Type
Other
Lot Size
0.3 Acres
Year Built
1970
MLS Number
PAYK2101230
Property Location Map
Additional Details
Basement
Walkout Level
Building
Built in 1970, Construction Materials: Block, Stick Built, Vinyl Siding
Cooling
None
Accessibility Features
None
Expenses
Insurance: $2,636, Maintenance: $1,484, Operating: $16,258, Other Expense: $2,030
Foundation
Block
Heating
Radiant
Income
Gross ScheduledIncome: $75,034, Net Operating Income: $58,776, Apartment Rentals
Lot
0.3 acres
Owner Pays
Insurance, Repairs, Sewer, Taxes - Real Estate, Management
Parking
Paved Parking
Property
Good, Other structures: Above Grade, Below Grade
Roof
Shingle
Sewer
Public Sewer
Taxes
Annual Amount: $5,995, Lot: 0073, Year: 2025, Zoning: RESIDENTIAL TOWN, Zoning description: Apartment Building
Utilities
Water Source: Public
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Matthew Koch
Team Owner | Real Estate Advisor | Marketing Specialist
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