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$635,000
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Property Description
Currently fully occupied 7 unit apartment building. Showings at designated Open House times. Friday July 18 from 11 am - 12 noon and Tuesday July 22 from 3-4 pm. 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 Also shown in rental detail on MLS # PALA2072232
Full Property Details
Full Property Details for 2 W Gay St
General
- Sold For: $635,000
- Taxes: $10,085 (2024)
- Status: Closed
- Type: Multi-Family
- Source: BrightMLSPhilly
- MLS ID: PALA2072796
- Added to Site: 231 day(s) ago
Interior
- Appliances: Oven/Range - Electric, Refrigerator, Water Heater
Parking
- Total Spaces: 4
- Parking Features: Crushed Stone
- Parking Type: Off Street, On Street
Location
- Area: Christiana Boro (10506)
- Municipality: CHRISTIANA BORO
- County: Lancaster
- Cross Streets: Bridge, Water
- Driving Directions: From Rt 41 (Gap Newport Pike), West on Pine Creek Dr, left on Newport Ave, Right on Sadsbury Ave which becomes Bridge. Property at the corner of Gay, Bridge and Water streets.
School Information
- School District: Octorara Area
Heating & Cooling
- Cooling Type: None
- Heating Type: Baseboard - Electric
- Heating Fuel: Electric
- Water Heater: Electric
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- Architectural Info: Other
- Architectural Style: Other
- Structure Type: Other
- Construction: Frame, Brick
- Foundation: Crawl Space
- Roof: Composite, Metal, Rubber
- Stories/Levels: 0
- Square Feet: 7,801
- Sq. Ft. Source: Assessor
- Living Area: 7,801 Sq. Ft.
- Finished Above Grnd: 7,801 Sq. Ft.
- Year Built: 1900
- Year Built Source: Assessor
Unit Information
- 2 Bedroom Units: 4
- 3 Bedroom Units: 3
Lot Features
- Property View: Street
- Lot Size (Acres): 0.19
- Lot Size (Sq. Ft.): 8,276
- Lot Size Source: Assessor
- Lot Dimensions: 0.00 x 0.00
- Zoning: CENTRAL BUSINESS DISTRICT
Financial Considerations
- Price Per Sq. Ft.: $101.91
- Assessment Year: 2025
- School Tax: $7,911
- City/TownTax: $1,303
- City/TownTax Freq: Annually
- County Tax: $870
- County Tax Freq: Annually
- Tax w/Assessment: $298,900
- Tax Amount: $10,085
- Tax Year: 2024
- Terms: Standard Sale
- Tax Total Finished Sq. Ft.: 7801
Disclosures and Reports
- Ownership: Fee Simple
- Exclusions: Tenants items including window units
- Inclusions: Refrigerators, stoves, water heaters
Listed by Hostetter Realty, Charlene L Ranck
Sold by Beiler-Campbell Realtors-Kennett Square, John A Kriza
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Price & Sales History for 2 W Gay St
Date
Details
Price
Change
Source
10/31/2025
Sold
$635,000
-20.13%
MLS
7/10/2025
Listed
$795,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
2 W Gay Street, Christiana, PA 17509 (MLS# PALA2072796) is a Multi-Family property that was sold at $635,000 on October 31, 2025. Want to learn more about 2 W Gay Street? Do you have questions about finding other Multi-Family real estate for sale in Christiana? You can browse all Christiana real estate or contact a Coldwell Banker agent to request more information.

