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Key Details
Sold Price $430,000
Property Type Multi-Family
Sub Type Detached
Listing Status Sold
Purchase Type For Sale
Square Footage 3,451 sqft
Price per Sqft $124
Subdivision None Available
MLS Listing ID 1003574503
Sold Date 02/09/17
Style Other
HOA Y/N N
Abv Grd Liv Area 3,451
Originating Board TREND
Year Built 1900
Annual Tax Amount $6,434
Tax Year 2016
Lot Size 10,400 Sqft
Acres 0.24
Lot Dimensions 0 X 0
Property Description
Rare Offering! 8.07% CAP RATE! Very rarely does a 4 unit investment property in such a great location come for sale in popular Kennett Square Borough! Tenants love the convenience of walking to the restaurants, shoppes, festivals, YMCA, and all that Kennett has to offer! Building is well maintained and features one unit per floor plus a 4th unit in the rear carriage house. All units feature their own exterior entrance. Each unit is electric baseboard heat and the carriage home has it's own natural gas boiler. Landlord pays water/sewer/trash. Common laundry. Property is well maintained and features large rear yard, deck area and stone walkways. Property also features a garage that could also be used/rented out. This property is a must see and is a money maker! Make your appointment today! Exterior painting has just been completed.
Location
State PA
County Chester
Area Kennett Square Boro (10303)
Zoning R3
Rooms
Other Rooms Primary Bedroom
Basement Full, Unfinished, Outside Entrance
Interior
Hot Water Electric
Heating Gas, Electric, Hot Water, Baseboard
Cooling None
Flooring Wood
Fireplace N
Heat Source Natural Gas, Electric
Laundry Common
Exterior
Waterfront N
Water Access N
Accessibility None
Parking Type On Street
Garage N
Building
Sewer Public Sewer
Water Public
Architectural Style Other
Additional Building Above Grade
New Construction N
Schools
High Schools Kennett
School District Kennett Consolidated
Others
Tax ID 03-05 -0020
Ownership Fee Simple
Acceptable Financing Conventional
Listing Terms Conventional
Financing Conventional
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Bought with Jennifer D'Amico • Beiler-Campbell Realtors-Kennett Square
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "