20 E GAY ST, Red Lion, PA 17356

Property Description

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.

Listing Status:

Pending

Data Last Updated:

May 7, 2026 at 10:20PM

Listing Office:

Keller Williams Elite : 7175532500

Listing Agent:

Matthew Joseph Koch : 7177888347

MLS ID:

PAYK2101230

Interior

• Basement: Walkout level
• A/C: None
• Heating: RadiantElectric
• Disability Feature: None

Exterior

• General: Above GradeBelow Grade
• Style: Other
• Parking: Paved Parking

Construction

• Roofing: Shingle
• General: BlockStick BuiltVinyl SidingBlock

Location

• Originating MLS: BRIGHT_MAIN
• School District: RED LION AREA
• County: YORK-PA

Lot

• Zoning: RESIDENTIAL TOWN82-000-03-0073-00-00000

Utilities

• Water: Public
• Sewer: Public Sewer

Financial

• Source: BRIGHT_MAIN
• Exclusions: Tenant supplied washers/dryers