5302 Lincoln HighwayGap, PA 17527

Description

Sought after 2 unit property located on a corner lot in a desirable location. There is a screened rear porch that leads into the 1st floor unit. This mostly remodeled unit features the kitchen with white cabinets, tile backsplash, electric stove, dishwasher, built-in microwave, and a refrigerator. The full bathroom has a tub with a separate shower. The living room and both bedrooms have beautiful wood floors. This unit has access to a partial basement for storage. Projected rent for this unit is $1,600+- per month. The 2nd floor unit enters from the front of the home. There is a spacious kitchen, a living room, 2 bedrooms and a full bath. One of the bedrooms is currently used by the tenant as a dining room. This unit has access to a large attic for storage. The current long term tenant would like to stay. The current rent is $930 per month. There is a large barn on the property with a loft. The current rent for the barn is $230 per month. The owner pays the common electric for the property, and also pays for the oil heat, with a 3 year average of $2,124 per year. The owner also pays for public sewer which is $960 per year. The owner's insurance for the last year was $1,495. The tenants pay for their own electric and trash. There is a laundry hook-up in the large section of the basement not currently being used. This is a very nice property with several convenient off street parking spots. Per the township website the home is zoned GC (General Commercial). Act on this opportunity to own a rare multi-unit property in this great location.

Property Information

Property type

Residential Income

Sub-type

Duplex

Structure type

House

Year built

1930

Living area

1,745 Sq Ft

Lot size

0.24 acres

Parking spaces

4

Zoning

GC

Days on market

43

MLS^® Listing#

PALA2093326

Property Features

Interior

Eat-in Kitchen

Appliances

Electric Range · Electric Oven · Electric Water Heater · Refrigerator

Cooling

None

Heating

Oil · Hot Water · Radiant

Flooring

Wood · Carpet · Vinyl

Basement

Partial

Pool

None

Parking

Gravel · Driveway

Lot features

Corner Lot · Level

Construction

Vinyl Siding

Foundation

Stone

Sewer

Public Sewer

Water source

Well

Schools

District

PEQUEA VALLEY

Financial Details

Annual taxes

$3,336Tax year 2026

Assessed value

$166,900

Parcel number

560-20682-0-0000

Directions

Route 30 West, left on Newport Rd. (772), left on Lincoln Hwy. to property on the right shortly after Bellevue Ave. Best to enter from the alley in the rear which is off of route 30 just before the property.