NOT LISTED FOR SALE

107 N Broad St Kennett Square, PA 19348

Studio
3 Baths
4,230 Sq Ft
3,935 Sq Ft Lot

Sale Details

Date Sold: June 5, 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

(888) 397-7352 pa.broker@exprealty.net EXP Realty, LLC License #RS-0019528 Listed on: 04/05/2019

Last Buyer's Agent

Jonathan Keiles

(267) 435-8015 kenenochs@compass.com Compass RE

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
  • Heating System Uses Natural Gas
  • 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

3,935 Sq Ft Lot

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Triplex
  • Architectural Style: Traditional
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1920
  • 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

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 Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 126920.00
  • Land Assessed Value: 27270.00
  • Lot Size Acres: 0.09
  • Lot Dimensions: 0.00 x 0.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 3935.00
  • 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
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2020

Multi Family

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

MLS Schools

  • School District Name: KENNETT CONSOLIDATED
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
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

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: PACT474630

Bright MLS
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