Welcome to 48 E Gay St, a fantastic investment opportunity located in the heart of Dallastown Borough. This property features three approved and licensed rentals, including two 2-bedroom, 1-bathroom apartments, and a 3rd unit that can be finished as another 2-bedroom, 1-bathroom apartment or commercial space. The office space boasts a storefront and reception area, and with some finishing touches, it can be transformed into the perfect commercial space. With tons of parking available, this property is ideal for tenants or business owners who require ample parking for their customers or clients. The listing agent has spoken to the borough and has confirmed that "the two rentals and a similar type of commercial use that was once there can be recognized and issued a certificate of use, provided a commercial building permit is applied for and approved per the UCC section 403.42." In addition to its many other features, this property also boasts a spacious basement with a ton of storage space. Whether you're a tenant or a business owner, you'll appreciate the extra room for storing equipment, inventory, or personal belongings. The basement offers a convenient and secure storage solution that is easily accessible from inside the home or the rear ground level. Don't miss out on this incredible opportunity to invest in a property with endless potential! Contact Dallastown borough for specific zoning questions. Contact us today to schedule a showing.