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Listed by Todd Reed • Keller Williams Real Estate -Exton

$ 340,000

Est. payment -/mo

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5302 LINCOLN HWY Gap, PA 17527

1,745 SqFt

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Detached

Listing Status Active

Purchase Type For Sale

Square Footage 1,745 sqft

Price per Sqft $194

MLS Listing ID PALA2093326

Style Colonial

Abv Grd Liv Area 1,745

Year Built 1930

Annual Tax Amount $3,336

Tax Year 2026

Lot Size 10,454 Sqft

Acres 0.24

Property Sub-Type Detached

Source BRIGHT

Property Description

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.

Location

State PA

County Lancaster

Area Salisbury Twp (10556)

Zoning GC

Rooms

Basement Partial

Interior

Interior Features Bathroom - Jetted Tub, Kitchen - Eat-In, Wood Floors

Hot Water Electric

Heating Radiator, Hot Water

Cooling None

Flooring Carpet, Vinyl, Wood

Inclusions 2 Refrig.

Equipment Oven/Range - Electric, Refrigerator

Fireplace N

Appliance Oven/Range - Electric, Refrigerator

Heat Source Oil

Exterior

Garage Spaces 4.0

Water Access N

Accessibility None

Total Parking Spaces 4

Garage N

Private Pool No

Building

Lot Description Corner, Level

Foundation Stone

Above Ground Finished SqFt 1745

Sewer Public Sewer

Water Well

Architectural Style Colonial

Additional Building Above Grade, Below Grade

New Construction N

Schools

School District Pequea Valley

Others

Tax ID 560-20682-0-0000

Ownership Fee Simple

SqFt Source 1745

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Financing Cash,Conventional

Special Listing Condition Standard

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5302 LINCOLN HWY Gap, PA 17527

Key Details

Location

Rooms

Interior

Exterior

Building

Schools

Others

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5302 LINCOLN HWY