Comments for 20 E GAY STREET , Red Lion, PA 17356
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.
Cooling: None
Roof Type: Shingle
Exterior: Block, Stick Built, Vinyl Siding
Sewer: Public Sewer
Fuel Type: Electric
Taxes: $5,995
Heating: Radiant
Units: 6
Lot Dimensions: 0.30 Acre(S)
Water: Public
Lot Size: 0.30 Acres
Year Built: 1970
Parking Notes: Paved Parking
School District: RED LION AREA