20 E Gay St, Red Lion, PA 17356

Local realty services provided by:Better Homes and Gardens Real Estate Valley Partners
20 E Gay St,Red Lion, PA 17356
$858,500
  • 8 Beds
  • - Baths
  • - sq. ft.
  • Multi-family
  • Active
Listed by: matthew joseph koch, david garpstas
Office: keller williams elite
MLS#:PAYK2101230
Source:BRIGHTMLS

Price summary

  • Price:$858,500

About this home

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,...

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Home facts

  • Year built:1970
  • Listing ID #:PAYK2101230
  • Added:2 day(s) ago
  • Updated:April 14, 2026 at 05:43 AM

Rooms and interior

  • Bedrooms:8
  • Basement:Yes
  • Basement Description:Walkout Level

Heating and cooling

  • Heating:Electric, Radiant

Structure and exterior

  • Roof:Shingle
  • Year built:1970
  • Lot area:0.3 Acres
  • Construction Materials:Block, Stick Built, Vinyl Siding
  • Foundation Description:Block

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$858,500
  • Tax amount:$5,995 (2025)

Parking

  • Parking description:Parking Lot, Paved Parking