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Key Details
Sold Price $1,050,000
Property Type Multi-Family
Sub Type Detached
Listing Status Sold
Purchase Type For Sale
Square Footage 4,797 sqft
Price per Sqft $218
Subdivision None Available
MLS Listing ID PACT2017632
Sold Date 04/08/22
Style Traditional
Abv Grd Liv Area 4,797
Originating Board BRIGHT
Year Built 1900
Annual Tax Amount $6,443
Tax Year 2021
Lot Size 5,385 Sqft
Acres 0.12
Lot Dimensions 0.00 x 0.00
Property Description
Incredible opportunity in vibrant Kennett Square Borough! This is a well maintained mixed-use, multi-family property with highly visible exposure on State Street. The property, situated among two separate buildings is comprised of four apartments (plus 1 Commercial Storefront, and 4 garage/warehouse spaces). The primary brick building is comprised of a first floor commercial space (currently leased to a popular Pie Shop). Additionally, there are four apartments; all of which are in high demand and have plenty of room for upside rent. Recent improvements include the basement furnace, common water heater, apartment ranges, and laundry appliances. The garage/warehouse building consists of 4 units: Three oversized garage storage bays, and a gigantic warehouse loft above. Plenty of flexible utility in this building. Property is zoned C-1 for a number of allowable uses. Take advantage of this great opportunity to invest in Kennett Square!
Location
State PA
County Chester
Area Kennett Square Boro (10303)
Zoning C1
Rooms
Basement Partially Finished
Interior
Hot Water Natural Gas
Heating Forced Air, Heat Pump(s)
Cooling Central A/C
Flooring Wood, Carpet, Vinyl, Tile/Brick
Heat Source Electric
Exterior
Garage Garage - Side Entry
Garage Spaces 3.0
Waterfront N
Water Access N
View Street
Roof Type Flat,Pitched
Accessibility None
Parking Type On Street, Detached Garage
Total Parking Spaces 3
Garage Y
Building
Foundation Stone
Sewer Public Sewer
Water Public
Architectural Style Traditional
Additional Building Above Grade
New Construction N
Schools
Middle Schools Kennett
High Schools Kennett
School District Kennett Consolidated
Others
Tax ID 03-02 -0248
Ownership Fee Simple
SqFt Source Estimated
Acceptable Financing Cash, Conventional, Negotiable
Listing Terms Cash, Conventional, Negotiable
Financing Cash,Conventional,Negotiable
Special Listing Condition Standard
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