BEDS0
BATHS
MLS#PAYK2101174
STATUSPENDING
PROPERTY TYPECommercial -
SUBDIVISIONRED LION BORO
SCHOOLRED LION AREA
Property Description
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, tenants are responsible for nearly all operating expenses, helping to keep owner costs low and maximize net income. The property also features separately metered utilities, including water, providing additional efficiency and expense control. Numerous capital improvements have already been completed, allowing the next owner to step into a stabilized, low-maintenance asset with confidence. Additional features include a paved parking lot for tenant convenience and ample off-street parking. Whether you are expanding an existing portfolio or seeking a strong income-producing property, this Red Lion multifamily building offers an exceptional combination of stability, efficiency, and long-term upside.
Property Features
Property Type: Commercial -
Cooling: None
Fuel Type: Electric
Heating: Radiant
Lot Size: 0.30 Acres
Roof Type: Shingle
Taxes: $5,995
Year Built: 1970
Feature Descriptions
Exterior: Block, Stick Built, Vinyl Siding
Lot Dimensions: 0.30 Acre(S)
Municipality: RED LION BORO
Parking Notes: Paved Parking
Sewer: Public Sewer
Total Garage/Parking Spaces: 8
Units: 6
Water: Public
Local Schools
School District: RED LION AREA
Listed By / Shown By
Listed By
Agency Name: Keller Williams Elite
Agency Phone: 7175532500
Shown By
Agent Name: Loree Foster Team
Agent Phone: (717) 253-2987
Agency Title: Berkshire Hathaway HomeServices Homesale Realty
First American
Corporate Office - 215 S Centerville Rd. Lancaster, PA 17603
20 E Gay Street | MLS# PAYK2101174
This commercial property located at 20 E Gay Street, Red Lion, PA 17356 is currently listed for sale with an asking price of $858,500. E Gay Street is located within the RED LION AREA school district. Search Red Lion real estate on www.loreefosterteam.com today.