2 W Gay Street, Christiana, PA 17509

$635,000
7,801
SqFt

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Sold Price
$635,000
List Price
$795,000
Closing Date
Oct 31, 2025
Days on Market
23
Status
CLOSED
MLS#
PALA2072796
Living Area
7,801
Lot Size (Acres)
0.19
Style
Other
Year Built
1900
County
Lancaster
School District
Octorara Area

Property Description

Currently fully occupied 7 unit apartment building. Showings at designated Open House times. Friday July 18 from 11 am - 12 noon and Tuesday July 22 from 3-4 pm. Good income source. Newer metal roof and rubber roof. Each unit includes: refrigerator, stove and water heaters. Baseboard electric heat. Four off street parking spaces. Rent is through Lancaster Housing Authority (inspection completed Feb '25) and each tenant qualifies for the rent program with personal income and responsible for part of the monthly rent. Clear Lead Paint Certificate available. Annual rental income $92,928 . Expenses: Taxes - $10,085; Water/ Sewer / Trash – $6,470; Insurance – $3,943; Electric common areas also includes Apartment A – $1,196; Mowing -$560; Pest Control - $382 Also shown in rental detail on MLS # PALA2072232

Additional Information

Area
Christiana Boro (10506)
Taxes
$10085
School District
Octorara Area
View
Street
Heating
Baseboard - Electric
Heating Fuel
Electric
Cooling
None
Roof
Composite, Metal, Rubber
Water
Public
Sewer
Public Sewer

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Listing courtesy of Hostetter Realty. Contact:

Selling Office: .