Property
Christiana, PA 17509 2 W Gay Street
$795,000
24 more
Presented By: Hostetter Realty
SQFT • 8,276
Home Details
Currently fully occupied 7 unit apartment building. Showings at designated Open House times. No showings until Thursday July 10 from 5-6 pm, and Friday July 11 from 11 am - 12 noon.
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
Presented By: Hostetter Realty
Interior Features for 2 W Gay Street
Bathrooms
Total Restrooms7
Other Interior Features
Central Air Y/NNo
Heating FuelElectric
Heating Y/NYes
Hot WaterElectric
General for 2 W Gay Street
Acceptable FinancingCash, Conventional
AccessibilityNone
Business TypeApartment Building
CityCHRISTIANA
Construction MaterialsFrame, Brick
Cool FuelNone
CoolingNone
CountyLANCASTER
DirectionsFrom Rt 41, west on Pine Creek Dr, left on Newport Ave, right on Sadsbury Ave, left on N Bridge St
Corner of N Bridge, Water and Gay Streets.
DisclosuresProp Disclosure
ExclusionsTenants personal property, including any and all window units
HeatingBaseboard - Electric
Historic Y/NNo
Lot Size Square Feet8276.00
Lot Size UnitsSquare Feet
MLS AreaChristiana Boro (10506)
ModificationTimestamp2025-07-10T00:13:28
MunicipalityCHRISTIANA BORO
New ConstructionNo
Number Of Units Total7
OwnerPaysTaxes - Real Estate
OwnershipFee Simple
PossessionSettlement
Price Per Sq Ft Total AG89.47
Property SubtypeFive Or More Units
Property TypeCommercial Sale
RoofComposite, Metal, Rubber
SewerPublic Sewer
Standard StatusActive
StatusACTIVE
Tax Annual Amount10085.0
Tax Assessed Value298900.0
Tax Year2025
Total Actual Rent92928.00
Vacation Rental Y/NNo
ViewStreet
Water Access Y/NNo
Year Built1900
Year Built SourceAssessor
ZoningCENTRAL BUSINESS DISTRICT
Exterior for 2 W Gay Street
Building Area Total8886.00
Car Parking Spaces4
Foundation DetailsStone
InclusionsRefrigerators, stoves, water heaters
Land Assessed Value46700.00
Land Use Code119
Lot Dimensions0.00 x 0.00
Lot FeaturesCorner, Road Frontage
Lot Size Acres0.19
Lot Size SourceAssessor
LotDimensionsSourceAssessor
Navigable Water Y/NNo
Parking FeaturesPublic, Unassigned
Total Loading Docks0
Total Parking Spaces4
Type of ParkingOn Street, Parking Lot
Water Oriented Y/NNo
Water SourcePublic
Water View Y/NNo
Waterfront Y/NNo
Additional Details
Price History
William Hernandez
Associate