5302 Lincoln Highway, Gap, PA 17527

$340,000
  • 5302 Lincoln Highway, Gap, PA 17527 Main Photo

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New to the Market ACTIVE
BEDS0 BATHS SQUARE FEET1,745 MLS#PALA2093326
STATUSACTIVE PROPERTY TYPEMulti Unit - Multiple SCHOOLPEQUEA VALLEY

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.

5302 Lincoln Highway | MLS# PALA2093326

This multi-family property located at 5302 Lincoln Highway, Gap, PA 17527 is currently listed for sale with an asking price of $340,000. Lincoln Highway is located within the PEQUEA VALLEY school district. Search Gap real estate on www.realtymark.net today.

Property Features

Property Type: Multi Unit - Multiple
Basement: Yes
Basement: Partial
Cooling: None
Fuel Type: Oil
Heating: Radiator, Hot Water
Home Style: Colonial
Lot Size: 0.24 Acres
Taxes: $3,336
Year Built: 1930

Feature Descriptions

Additional Structures: Above Grade, Below Grade
Appliances: Oven/Range - Electric, Refrigerator
Days on Site: 1
Electric: Circuit Breakers
Exterior: Vinyl Siding
Flooring: Carpet, Vinyl, Wood
Interior: Bathroom - Jetted Tub, Kitchen - Eat-In, Wood Floors
Lot: Corner, Level
Lot Dimensions: 0.24 Acre(S)
Municipality: SALISBURY TWP
Parking Notes: Gravel Driveway
Sewer: Public Sewer
Structure Type: Detached
Total Garage/Parking Spaces: 4
Two Bedroom Units: 2
Units: 2
Water: Well

Local Schools

School District: PEQUEA VALLEY

Listed By / Shown By

Listed By

Agency Name: Keller Williams Real Estate -Exton
Agency Phone: 6103634300

Shown By

Agency Title: RealtyMark
Agency Phone: 888-260-0040

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Estimated Payment

$ 1,133.86 per month $756.69 Principal & Interest $278.00 Property Tax $99.17 Homeowner's Insurance

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