NOT LISTED FOR SALE

107 N Broad St Kennett Square, PA 19348

-- Bed
3 Baths
4,230 Sq Ft
3,935 Sq Ft Lot

Last Sold June 05, 2020

Last sale price $500,000 $118 Per Sq Ft

325 Days on Market

Highlights

  • Traditional Architecture
  • Wood Flooring
  • Ceiling Fan
  • Kennett High School Rated A-
  • No HOA
  • Hot Water Heating System

About This Home

As of June 2020

This 3 unit building is located in the heart of historic Kennett Square. 2 of the units are 2 bedroom and 1 bath. 1 Unit is 3 Bedroom with a full and half bath. All three units are occupied and the property has a strong rental history. This is a solid brick building with hardwood floors throughout. Don't miss an opportunity to own a solid investment property in fast growing Kennett Square.

Last Agent to Sell the Property

Matt Fetick

EXP Realty, LLC License #RS-0019528 Listed on: 04/05/2019

Last Buyer's Agent

JONATHAN D. KEILES

Compass RE

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,487

Year Built

  • Built in 1920

Lot Details

  • 3,935

Parking

  • Off-Street Parking

Home Design

  • Triplex
  • Traditional Architecture
  • Frame Construction
  • Masonry

Interior Spaces

  • 4,230 Sq Ft Home
  • Ceiling Fan
  • Wood Flooring

Kitchen

  • Oven
  • Built-In Range
  • Dishwasher

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Utilities

  • Window Unit Cooling System
  • Hot Water Heating System
  • Natural Gas Water Heater

Additional Features

  • Storage Shed
  • 3,935 Sq Ft Lot

Listing and Financial Details

  • The owner pays for real estate taxes, water, trash collection, sewer
  • Tax Lot 0062
  • Assessor Parcel Number 03-03 -0062

Community Details

Overview

  • No Home Owners Association
  • 3 Units

Building Details

  • Income includes apartment rentals
  • Operating Expense $10,409
  • Net Operating Income $29,791

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,487

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Triplex
  • Architectural Style: Traditional
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1920
  • Remarks Public: This 3 unit building is located in the heart of historic Kennett Square. 2 of the units are 2 bedroom and 1 bath. 1 Unit is 3 Bedroom with a full and half bath. All three units are occupied and the property has a strong rental history. This is a solid brick building with hardwood floors throughout. Don't miss an opportunity to own a solid investment property in fast growing Kennett Square.
  • Special Features: None

Interior Features

  • Appliances: Built-In Range, Dishwasher, Oven - Single
  • Flooring Type: Hardwood
  • Interior Amenities: Ceiling Fan(s)
  • Basement: No
  • Total Sq Ft: 4230
  • Living Area Sq Ft: 4230
  • Price Per Sq Ft: 118.20
  • Above Grade Finished Sq Ft: 4230
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 107-111

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Other Structures List: Storage Barn/Shed
  • Construction Materials: Frame, Masonry
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Type Of Parking: Off Street

Utilities

  • Central Air Conditioning: No
  • Cooling Type: Window Unit(s)
  • Electric Service: Circuit Breakers
  • Heating Fuel: Natural Gas
  • Heating Type: Hot Water
  • Heating: Yes
  • Hot Water: Natural Gas
  • Security: Carbon Monoxide Detector(s), Smoke Detector
  • Sewer/Septic System: Public Sewer
  • Utilities: Electric Available, Sewer Available, Water Available, Natural Gas Available
  • Water Source: Public

Condo/Co-op/Association

  • HOA: No

Schools

  • School District: KENNETT CONSOLIDATED
  • School District Key: 300200397335
  • School District Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 126920.00
  • Land Assessed Value: 27270.00
  • Land Use Code: R30
  • Lot Size Acres: 0.09
  • Lot Dimensions: 0.00 x 0.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 3935.00
  • Year Assessed: 2020
  • Zoning: R3

Rental Info

  • Owner Pays: Taxes - Real Estate, Water, Trash Collection, Sewer
  • Total Actual Rent: 40200.00
  • Units Leased Count: 3
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 225972
  • School Tax: 4772.00
  • Tax Annual Amount: 6487.00
  • Assessor Parcel Number: 03-03 -0062
  • Tax Lot: 0062
  • Tax Total Finished Sq Ft: 4230
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2020
  • Close Date: 06/05/2020

Multi Family

  • Gross Income: 40200.00
  • Income Includes: Apartment Rentals
  • Operating Expense: 10409.00

MLS Schools

  • School District Name: KENNETT CONSOLIDATED

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/05/2020 06/05/20 Sold $500,000 0.0% $118 / Sq Ft
02/25/2020 02/25/20 Price Changed $500,000 +5.0% $118 / Sq Ft
02/24/2020 02/24/20 Pending -- -- --
02/21/2020 02/21/20 Price Changed $476,000 -4.0% $113 / Sq Ft
01/16/2020 01/16/20 For Sale $496,000 -0.8% $117 / Sq Ft
01/15/2020 01/15/20 Off Market $500,000 -- --
11/01/2019 11/01/19 Price Changed $496,000 -5.5% $117 / Sq Ft
04/05/2019 04/05/19 For Sale $525,000 -- $124 / Sq Ft
Source: Bright MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: PACT474630

Bright MLS