Gap, PA 17527,888 CHESTNUT ST
Gap, PA 17527,888 CHESTNUT ST
Gap, PA 17527,888 CHESTNUT ST
Listed by Stephen J Barr • Barr Realty Inc.
Bought with Stephen J Barr • Barr Realty Inc.
$460,000
Est. payment /mo
$250,000
84.0%
Est.Price: ?

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2,288 SqFt
SOLD DATE : 08/29/2025

Key Details

Sold Price $460,000

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Sold

Purchase Type For Sale

Square Footage 2,288 sqft

Price per Sqft $201

Subdivision None Available

MLS Listing ID PALA2070724

Style Converted Dwelling

Year Built 1910

Annual Tax Amount $3,328

Tax Year 2024

Lot Size 6,098 Sqft

Property Sub-Type Quadruplex

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

Province PA

County Lancaster

Area Salisbury Twp (10556)

Zoning RESIDENTIAL

Interior

Hot Water Electric

Heating Baseboard - Electric

Cooling None

Flooring Carpet, Vinyl

Equipment Oven/Range - Electric, Refrigerator

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

Building

Lot Description Cleared

Foundation Block, Concrete Perimeter

Sewer Public Sewer

Water Well

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

Acceptable Financing Cash

Listing Terms Cash

Special Listing Condition Auction

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