22 W Gay Street, Christiana, PA 17509 - Photo 1

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$395,000

For Sale
Active
Multi-Family

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Property Description

Welcome to this large 4 unit, with 2 units occupied and the other 2 ready for your vision! There's lots of potential for strategic renovations and creating a great long term cashflow property. Central business district zoning offers a wide range of potential uses for the large lot (50' wide) such as storage units, additional apartments, etc. Apartment 1 was recently renovated, and lots of electrical & mechanical upgrades made in recent years to create an ideal opportunity for the investor with construction knowledge. All apartments are spacious with functional layouts. This could also be a great opportunity for an owner occupant wanting to have tenants subsidize their lifestyle. Enjoy the small town life, with easy access to the countryside and surrounding towns, while still being near Philly and its wonderful suburbs. Take a look at this opportunity while it's available!

Full Property Details

Full Property Details for 22 W Gay St

General

Price: $395,000
Taxes: $6,945 (2024)
Status: Active
Type: Multi-Family
Source: BrightMLSPhilly
MLS ID: PALA2059564
Updated: 11/30/2024
Added to Site: 35 day(s) ago

Interior

Flooring: Vinyl, Carpet

Exterior

Exterior Features: Sidewalks
Porch/Patio/Deck: Deck(s)

Parking

Total Spaces: 10
Parking Features: Gravel Driveway, Unassigned
Parking Type: Off Street

Location

Area: Christiana Boro (10506)
Municipality: CHRISTIANA BORO
County: Lancaster
Driving Directions: GPS
Location Details: Urban

School Information

School District: Octorara Area
Elementary School: Octorara
Middle School: Octorara
High School: Octorara

Heating & Cooling

Central air: Yes
Cooling Type: Central A/C
Cooling Fuel: Electric
Heating Type: Baseboard - Hot Water
Heating Fuel: Electric
Water Heater: Electric

Utilities

Sewer: Public Sewer
Water: Public
Utility Description: Electric Available, Sewer Available, Water Available

Structural Information

Architectural Info: Converted Dwelling
Architectural Style: Converted Dwelling
Structure Type: End of Row/Townhouse
Construction: Frame
Basement: Yes
Basement Desc.: Partial
Foundation: Stone
Roof: Architectural Shingle
Walls/Ceilings: Dry Wall, Plaster Walls
Stories/Levels: 0
Square Feet: 4,000
Sq. Ft. Source: Assessor
Living Area: 4,000 Sq. Ft.
Finished Above Grnd: 4,000 Sq. Ft.
Year Built: 1890
Year Built Source: Assessor
Property Condition: Average

Unit Information

Other Units: Unit 1, Unit 2, Unit 4, Unit 3
2 Bedroom Units: 3
3 Bedroom Units: 1

Unit 1

Unit Description: Unit 1
Bedrooms: 3

Unit 2

Unit Description: Unit 2
Bedrooms: 2

Unit 3

Unit Description: Unit 3
Bedrooms: 2

Unit 4

Unit Description: Unit 4
Bedrooms: 2

Additional Structures

Other Structures: Shed

Lot Features

Lot Size (Acres): 0.21
Lot Size (Sq. Ft.): 9,148
Lot Size Source: Assessor
Lot Dimensions: 0.00 x 0.00
Street/Road Desc.: Black Top
Lot Features: Level
Zoning: R003
Lot Description: Level

Financial Considerations

Price Per Sq. Ft.: $98.75
Assessment Year: 2024
School Tax: $5,410
City/TownTax: $920
City/TownTax Freq: Annually
County Tax: $614
County Tax Freq: Annually
Tax w/Assessment: $211,100
Tax Amount: $6,945
Tax Year: 2024
Tax Total Finished Sq. Ft.: 4000

Disclosures and Reports

Ownership: Fee Simple
Exclusions: All of tenants belongings

Listed by Keller Williams Elite, Benuel Esh

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Listing agent

— 22 W Gay St —

Benuel Esh

Keller Williams Elite

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Schools

Schools serving 22 W Gay St

Name	Grades	Distance
Hillsdale Elementary School 725 W Market St, West Chester, PA 19382	K-5	20.1 mi
Sarah W. Starkweather Elementary School 1050 Wilmington Pike, West Chester, PA 19382	K-5	21.7 mi
Fern Hill Elementary School 915 Lincoln Ave, West Chester, PA 19380	K-5	21.8 mi
Peirce Middle School 1314 Burke Rd, West Chester, PA 19380	6-8	20.1 mi
Stetson Middle School 1060 Wilmington Pike, West Chester, PA 19382	6-8	21.7 mi
J.R. Fugett Middle School 500 Ellis Ln, West Chester, PA 19380	6-8	22.9 mi
B. Reed Henderson High School 400 Montgomery Ave, West Chester, PA 19380	9-12	21.1 mi
West Chester East High School 450 Ellis Ln, West Chester, PA 19380	9-12	22.9 mi
West Chester Bayard Rustin High School 1100 Shiloh Rd, West Chester, PA 19382	9-12	23.6 mi

Disclaimer: School ratings provided by GreatSchools. Ratings are on a scale of 1-10. Learn more about GreatSchools ratings. School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 22 W Gay St Get Price Alerts and Save Property

Date

Details

Price

Change

Source

11/09/2024

Listed

$395,000

259.09%

MLS

12/29/2014

Sold

$110,000

—

Public Record

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Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History

Tax History for 22 W Gay St

Year

Property Taxes

Change

Tax Assessment

Change

2024

$7,123

$211,100

—

2023

$6,823

—

$211,100

—

2022

$6,823

$211,100

—

2021

$6,770

—

$211,100

—

2020

$6,794

$211,100

—

2019

$6,728

-11%

$211,100

—

2018

$7,594

61%

$211,100

68%

2017

$4,709

$125,700

—

2016

$4,517

-17%

$125,700

-19%

2015

$5,447

-4%

$154,900

—

2014

$5,645

—

$154,900

—

View All

Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Estimate the Cost

Estimate the Cost for 22 W Gay St

22 W Gay Street, Christiana, PA 17509 (MLS# PALA2059564) is a Multi-Family property with 4 units containing 0 bedrooms and 0 full bathrooms. 22 W Gay Street is currently listed for $395,000 and was received on November 09, 2024. Want to learn more about 22 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.

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22 W Gay St Christiana, PA 17509