Property is being offered at a live public onsite auction on Wednesday, July 16, 2025 at 6PM. Listed price is for entry purposes and does not reflect the sale price. Sale Price is subject to seller confirmation at the auction. Property consists of a well kept 4 unit apartment building with attached 2 car garage. There are (2) 2 bedroom units and (2) 1 bedroom units, plus the attached garage rental included. All units have electric baseboard heat paid by tenants and landlord owns all oven/ranges and refrigerators. Property has public sewer and well water. Gross years income is $39,960, Estimated annual expenses are $8,768 with an estimated net income of $31,192 as it exists. Most tenants have been there for 3+ years and want to stay. This is a clean well built and kept building that current owner has owned since 1986. Don't miss this opportunity to own a great investment property is a growing area.
Sold for $460,000
$460,000
888 Chestnut St, Gap, PA 17527
6beds
--baths
2,288sqft
Quadruplex
Built in 1910
-- sqft lot
$395,900 Zestimate®
$201/sqft
$1,397 Estimated rent
Home value
$395,900
$352,000 - $435,000
$1,397/mo
Zestimate® history
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Electric baseboard heat
Zillow last checked:
Listing updated:
Listed by:
Steve Barr 717-442-9221,
Barr Realty Inc.
Bought with:
Steve Barr, RM419125
Barr Realty Inc.
Source: Bright MLS,MLS#: PALA2070724
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
Basement
- Area: 400
Heating
- Baseboard, Electric
Cooling
- None
Appliances
- Included: Oven/Range - Electric, Refrigerator, Electric Water Heater
Features
- Eat-in Kitchen, Kitchen - Galley, Dry Wall, Plaster Walls
- Flooring: Carpet, Vinyl
- Doors: Storm Door(s)
- Windows: Insulated Windows
- Basement: Full,Finished
- Has fireplace: No
Interior area
- Total structure area: 2,288
- Total interior livable area: 2,288 sqft
Property
Parking
- Total spaces: 6
- Parking features: Garage Faces Side, Driveway, Paved, Attached, Off Street, On Street
- Attached garage spaces: 2
- Uncovered spaces: 2
- Details: Garage Sqft: 400
Accessibility
- Accessibility features: None
Features
- Patio & porch: Porch, Roof
- Pool features: None
- Has view: Yes
- View description: Street
Lot
- Size: 6,098 Square Feet
- Features: Cleared, Suburban
Details
- Additional structures: Above Grade, Below Grade
- Parcel number: 5600906000000
- Zoning: RESIDENTIAL
- Special conditions: Auction
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Quadruplex
Materials
- Frame, Stucco
- Foundation: Block, Concrete Perimeter
- Roof: Shingle
Condition
- Very Good
- New construction: No
- Year built: 1910
Utilities & green energy
- Electric: 100 Amp Service
- Sewer: Public Sewer
- Water: Well
- Utilities for property: Cable Available, Electricity Available, Phone Available, Sewer Available
Community & HOA
Community
- Subdivision: None Available
Location
- Region: Gap
- Municipality: SALISBURY TWP
Financial & listing details
- Price per square foot: $201/sqft
- Tax assessed value: $173,300
- Annual tax amount: $3,328
- Date on market: 5/30/2025
- Listing agreement: Exclusive Right To Sell
- Listing terms: Cash
- Inclusions: All Appliances Owned By Seller.
- Exclusions: Tenants Personal Property
- Ownership: Fee Simple
- Total actual rent: 39960
- Income includes: Apartment Rentals, Other
- Road surface type: Black Top
Price history
| Date | Event | Price |
|---|---|---|
| 8/29/2025 | Sold | $460,000$201/sqft |
Source:  Bright MLS #PALA2070724 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2026 | $3,464 +1.5% | $173,300 |
| 2025 | $3,413 +2.5% | $173,300 |
| 2024 | $3,329 +3.3% | $173,300 |
| 2023 | $3,222 +2.1% | $173,300 |
| 2022 | $3,155 | $173,300 |
| 2021 | $3,155 +525.4% | $173,300 |
| 2020 | $504 -83.5% | $173,300 |
| 2019 | $3,049 +504.3% | $173,300 |
| 2018 | $504 -78.8% | $173,300 +60.5% |
| 2017 | $2,380 +0% | $108,000 |
| 2016 | $2,380 +26.1% | $108,000 |
| 2015 | $1,887 | $108,000 |
| 2014 | $1,887 | $108,000 |
| 2013 | -- | $108,000 |
| 2012 | -- | $108,000 |
| 2011 | -- | $108,000 |
| 2010 | -- | $108,000 |
| 2009 | -- | $108,000 |
| 2007 | -- | $108,000 |
| 2006 | -- | $108,000 |
| 2005 | -- | $108,000 +17.9% |
| 2004 | -- | $91,600 |
| 2003 | -- | $91,600 |
| 2002 | -- | $91,600 |
| 2000 | -- | $91,600 |
Find assessor info on the county website
Neighborhood: 17527
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Nearby schools
GreatSchools rating
- 6/10Salisbury El SchoolGrades: K-6Distance: 2.4 mi
- 6/10Pequea Valley Intermediate SchoolGrades: 7-8Distance: 3.5 mi
- 6/10Pequea Valley High SchoolGrades: 9-12Distance: 3.6 mi
Schools provided by the listing agent
- Elementary: Salisbury
- Middle: Pequea Valley
- High: Pequea Valley
- District: Pequea Valley
Source: Bright MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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Estimated market value
$395,900
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$395,900
- Pennsylvania
- Lancaster County
- Gap
- 17527
- 888 Chestnut St
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