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$585,000

796 Pequea Ave

Gap, PA
PENDING-BRIGHT
8
Bedrooms
2,915
Square Feet
0.47
Lot Size (acres)
1890
Year Built
73
Days On Market

**This property will be offered at Public Auction on September 23, 2026 @ 6:00 PM. The listing price is the suggested opening bid only and in no way reflects the final sales price. $35,000 initial investment is due on auction date. 2% transfer tax to be paid by the purchaser. Settlement on or before November 20, 2026.**Public Remarks** Discover an exceptional fully occupied 4-unit investment property at 796 Pequea Ave in Gap, PA, offering strong cash flow and excellent condition on a convenient 0.47-acre lot. This easy-to-manage multi-family features two well-maintained buildings: Units A & B comprise a spacious home recently updated with a new roof, vinyl siding, windows, front porch, and interior improvements, while Units C & D include a second 2-unit residence with a newly installed HVAC system. Generating approximately $56,400 in annual gross income ($4,700 monthly) with separate meters and tenants responsible for all utilities, the property benefits from low owner expenses (roughly $320/month for water, sewer, and trash), public sewer, off-street parking, a blacktop driveway, cement sidewalks, and a large backyard—delivering the reliable returns and low-maintenance appeal today’s smart investors seek.

Listing Information

Listing Updated
09/26/2026
Listed By
Chester Lapp, 7176291928 · William Penn Real Estate Assoc, 7172997070
MLS#
PALA2093728
Source
Bright
Status
PENDING-BRIGHT

Facts & Features

Location

Community Information

Address
796 Pequea Ave, Gap, PA 17527
City
Gap
County
Lancaster
Zip Code
17527

Architecture

Bedrooms
8
Year Built
1890
Style
Colonial
Construction Materials
Frame, Vinyl Siding
Building Area
2,915 sq. ft.
Foundation
Block
Roof
Metal, Asphalt
Garage Spaces
0
Parking Features
Driveway

Features & Amenities

Appliances
Electric Water Heater
Cooling
Electric, Window Unit(s)
Heating
Baseboard, Oil

Property Features

Lot Size
0.47 Acres
Water
Well
Sewer
Public Sewer

Square Footage

Above Grade
2,915 sq. ft.
Total
2,915 sq. ft.

Tax & Financial Information

List Price
$585,000
Annual Taxes
$5,711

Schools

99/100
Salisbury Elementary School
Elementary · Grades KG–06 · 2.2 mi
City
Gap
Students
317
Student body
92% White · 4% Hispanic / Latino · 3% Two or More Races
Free/reduced lunch
100%
Phone
(717) 442-8268
49/100
Pequea Valley High School
High · Grades 09–12 · 3.1 mi
City
Kinzers
Students
452
Student body
78% White · 13% Hispanic / Latino · 6% Two or More Races
Free/reduced lunch
55%
Phone
(717) 768-5500
47/100
Pequea Valley Intrmd School
Middle · Grades 07–08 · 3 mi
City
Kinzers
Students
219
Parent reviews
1.0★ avg · 2 reviews
Student body
78% White · 10% Hispanic / Latino · 7% Two or More Races
Free/reduced lunch
62%
Phone
(717) 768-5535
56/100
Pine Crest Amish School
All Grades · Grades KG–08 · 2.1 mi · Private
City
Kinzers
Students
32
Student–teacher
20.0
Phone
(610) 593-0450
56/100
Limeville Amish School
All Grades · Grades KG–08 · 2.5 mi · Private
City
Gap
Students
15
Student–teacher
15.0
Student body
100% White
Phone
(717) 442-4307
55/100
Lime Quarry School
All Grades · Grades 01–08 · 2.8 mi · Private
City
Gap
Students
28
Student–teacher
14.7
Student body
100% White
Phone
(717) 442-9103
52/100
Millwood School
All Grades · Grades 01–08 · 1.9 mi · Private
City
Gap
Students
26
Student–teacher
23.6
Phone
(717) 442-5121
52/100
Smiling Ridge School
All Grades · Grades KG–08 · 2.8 mi · Private
City
Kinzers
Students
28
Phone
(717) 768-7218

School ratings are provided for informational purposes only and are subject to change. Attendance boundaries are for reference only — contact the school or district directly to verify enrollment eligibility.

Historical Data

Price History

DateEventPrice
08/14/2026Listed for sale$585,000

Listed by Chester Lapp · William Penn Real Estate Assoc · 7172997070

Listing information provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed by the MLS. Copyright 2026, Bright. All rights reserved.

Last Updated: September 26, 2026 at 12:12 AM | Source: Bright | MLS#: PALA2093728

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