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125 W State Street

KENNETT SQUARE, PA 19348
  • $1,200,000
  • STATUS: Active
  • ON SITE: 35 Days
  • ID#: PACT2075484
UPDATED: 28 min ago
$1,200,000
  • 0
    BEDS
  • 0.04
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 3,922
    SQFT
  • $306
    $/SQFT
Type:
Multi-Family
Built:
1910
County:

School Ratings & Info

School District:

Description

This property is a fully occupied quadplex with development opportunity located in the thriving retail district of downtown Kennett Square. With no setback requirements the property can be fully developed. This property presents a unique opportunity for a variety of uses, including retail, offices, restaurants, and special exceptions like hotels or planned developments.While situated in the historic district, which requires architectural review, neighboring properties demonstrate the potential for substantial expansion. The propertys proximity to a public parking garage eliminates the need for on-site parking, making it even more attractive to development.It is currently configured as 4 apartments 1 bed/1 bath; 2 bed/2 bath; 3 bed / 1 bath; 4 bed / 2 bath.

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©2024 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or The Lisa Mathena Group. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2024-12-04T19:51:55.537.
www.lisasellsdelaware.com/homes/157283379
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125 W State Street KENNETT SQUARE, PA 19348

  • Price: $1,200,000
  • Status: Active
  • On Site: 35 Days
  • Updated: 28 min ago
  • ID#: PACT2075484
0
Beds
0
Baths
0
½ Baths
0.04
Acres
3,922
SQFT
$306
$/SQFT
1910
Built
Neighborhood:
Kennett Square Boro (10303)
County:
Chester
Area:
Kennett Square Boro (10303)
School District:
Kennett Consolidated
Property Description
This property is a fully occupied quadplex with development opportunity located in the thriving retail district of downtown Kennett Square. With no setback requirements the property can be fully developed. This property presents a unique opportunity for a variety of uses, including retail, offices, restaurants, and special exceptions like hotels or planned developments.While situated in the historic district, which requires architectural review, neighboring properties demonstrate the potential for substantial expansion. The propertys proximity to a public parking garage eliminates the need for on-site parking, making it even more attractive to development.It is currently configured as 4 apartments 1 bed/1 bath; 2 bed/2 bath; 3 bed / 1 bath; 4 bed / 2 bath.
Exterior Features

Architectural Style Colonial Construction Materials Brick Garage YN No Lot Features Backs - Open Common AreaPrivateRear Yard Parking Features Asphalt DrivewayPrivate Parking Types Parking Lot Pool No Pool Water Access YN No Water View YN No Waterfront YN No

Interior Features

Above Grade Fin SQFT 3922 Below Grade Finished Area 0 Below Grade Unfinished Area 0 Cooling Window Unit(s) Fireplace YN No Flooring WoodPartially Carpeted Heating Baseboard - Hot Water90% Forced Air Heating YN Yes Single Room Units 0 Three Bedroom Units 2 Two Bedroom Units 1 Units Furnished None Walls Ceilings Plaster Walls

Property Features

Accessibility Features None Central Air YN No Cooling Fuel Electric Cross Street Union Existing Lease Type Gross Foundation Details Stone Gross Income 68230.00 Heating Fuel Natural Gas Hot Water Electric Municipality KENNETT SQUARE BORO Navigable Water YN N Net Operating Income 38318.00 New Construction YN No Number Of Units Leased 4 Number Of Units Total 4 Number Of Units Vacant 0 Operating Expense 21235.00 Original MLSNumber 803395239904 Owner Pays Common Area MaintenanceLawn/Shrub CareManagementPest ControlRepairsSnow RemovalTaxes - Real EstateTrash CollectionWater Ownership Interest Fee Simple Property Sub Type Quadruplex Rent Control YN No Sale Type Standard Sewer Public Sewer Structure Design Type Detached Tax Annual Amount 6365.00 Tax Lot 0196 Vacation Rental YN No Water Source Public Year Built Effective 2014 Zoning C-1 / R30 RES Zoning Description Borough of Kennett Square: C-1 "Primary Retail District" / Land Use R30 Res: Multi-Fam/Dorms/Single

Listing courtesy of BHHS Fox & Roach - Hockessin: .


©2024 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or The Lisa Mathena Group. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2024-12-04T19:51:55.537.
 
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