Listed By:
Pillar Real Estate Advisors
Address
116 S Broad Street, Kennett Square, PA
Price
$ 2,300,000
Property Attributes
  • MLS#PACT2067566
  • TypeMulti-Family
  • CountyCHESTER
  • CityKennett Square
  • AreaKennett Square Boro
  • Zip19348
  • Style
  • Year Built1900
  • Taxes$ 7222
  • Price$ 2,300,000
  • Bedrooms6
  • Full Bathrooms0
  • Half Bathrooms0
  • Lot Size0.22 Acres
Data Source:
Bright MLS
Property Description

Kennett Square Borough Mixed Use Portfolio For Sale. 116 S Broad can be purchased by itself and 120 S Broad / 111 E Cypress can be purchased as a package. +/- 9,000 SF Made Up of Three (3) Contiguous Buildings. Four (4) Residential Units and Five (5) Office/Retail Units. Located at the Corner of Cypress and Broad Street. Onsite Parking for all Tenants. Two (2) Car Garage for Additional Parking or Storage. +/- 1.1M of Assumable Debt at Sub 4% Interest Rate. Stable Tenancy and Highly Visible Signage. Contact Andrew Carlino for Financials.

Price History
6/5/2024 Listed $2,300,000

General Features

Sewer Public Sewer
Heating Other
Cooling None
Possession Immediate,Negotiable
Zoning C-1
Architectural Style Other
Construction Materials Other
School District KENNETT CONSOLIDATED
Year Built 1900
Property SubType Other
Tax Year 2023
Percent Ownership Fee Simple
Cool Fuel Other
Accessibility Other
County CHESTER
New Construction No
Property Type Multi-Family
Garage Y/N No
Water Access Y/N No
Other Structures Above Grade,Below Grade
Status ACTIVE
Directions 116 S Broad,120 S Broad,111 E Cypress Street,Kennett Square PA,19348
ModificationTimestamp 2024-06-05T15:22:32
City KENNETT SQUARE
Buyer Agent Compensation 2.5
NumberOfUnitsTotal 3
MLS Area Kennett Square Boro (10303)
Lot Size Units Square Feet
Lot Size Square Feet 9450.00
Tax Assessed Value 148210.0
Waterfront Y/N No
Tax Annual Amount 7222.0
Two Bedroom 1
Structure Type Other
Single Room Units Count 1
One Bedroom Units Count 1
Price Per Sq Ft Total AG 426.87
Vacation Rental Y/N No
Total SQFT 5388
Days on Market 16
Standard Status Active
Year Built Source Assessor
Tax Lot 0129
Buyer Agent Compensation Type % Of Gross

Interior Features

Heating Fuel Other
Hot Water Other
Heating Y/N Yes
Fireplace Y/N No
Central Air Y/N No
LivingAreaSource Assessor
Three Bedroom Units Count 1

Exterior Features

Pool No Pool
Water Source Public
Total Parking Spaces 12
Type of Parking Parking Lot
Land Use Code C60
Water View Y/N No
Lot Dimensions 0.00 x 0.00
Lot Size Acres 0.22
Lot Size Source Assessor
Land Assessed Value 39120.00
Navigable Water Y/N No
Water Oriented Y/N No
LotDimensionsSource Assessor
Parking Lot - # of Spaces 12

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Multi-Family Average in 19348

Price
AVG $2.3M
$2.3M
Taxes
AVG $7,222
$7,222
Visits
AVG 99
99
Data Provided by Inside Real Estate®
Year Built
AVG 1900
1900

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