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20 E Gay St, 
Red Lion, PA 17356

$858,500


8

Beds


Bath


-

Sq Ft


Multi-Family

Pending

Listed by

Matthew Joseph Koch

David Garpstas

Keller Williams Elite, 7175532500, klrw1040@kw.com

Last updated:

May 18, 2026, 07:32 AM

MLS#

PAYK2101230

Source:

BRIGHTMLS

About This Home

20 E Gay St

This well-maintained 6-unit multifamily property presents a turnkey investment opportunity in Red Lion. The building consists of two 2-bedroom, 1-bath units and four 1-bedroom, 1-bath units, offering a desirable unit mix that appeals to a wide range of tenants. Designed for ease of ownership and strong cash flow potential, tenants are responsible for nearly all operating expenses, helping to keep owner costs low and maximize net income. The property also features separately metered utilities, including water, providing additional efficiency and expense control. Numerous capital improvements have already been completed, allowing the next owner to step into a stabilized, low-maintenance asset with confidence. Additional features include a paved parking lot for tenant convenience and ample off-street parking. Whether you are expanding an existing portfolio or seeking a strong income-producing property, this Red Lion multifamily building offers an exceptional combination of stability, efficiency, and long-term upside.

Home Facts

Multi-Family

8 Bedrooms

Built in 1970

Price Summary

858,500

MLS #:

PAYK2101230

Last Updated:

May 18, 2026, 07:32 AM

Added:

a month ago


Rooms & Interior

Bedrooms

Total Bedrooms:

8


Structure

Structure

Year Built:

1970


Lot

Lot Size (Sq. Ft):

13,068


Finances & Disclosures

Finances

Price:

$858,500

Source:BRIGHTMLS
The information being provided by Bright Mls is for the consumer’s personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The information is deemed reliable but not guaranteed and should therefore be independently verified. © 2026 Bright Mls All rights reserved.

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Contact an Agent

Yes, I would like more information. Please use and/or share my information with a Coldwell Banker ® affiliated agent to contact me about my real estate needs. By clicking Contact, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If a Coldwell Banker affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE®, CENTURY 21®, Corcoran®, ERA®, or Sotheby's International Realty®). I acknowledge that I have read and agree to the terms of use and privacy notice.