NOT LISTED FOR SALE

116 N Union St Kennett Square, PA 19348

-- Bed
-- Bath
6,142 Sq Ft
0.3 Acres

Last Sold August 14, 2013

Last sale price $562,500 $92 Per Sq Ft

About This Home

As of August 2013

Rare investment opportunity in Kennett Borough! This 9-unit apartment generates over $68,000 in gross rental income plus approximately $5,000 more in laundry income. There are 5 1-bedroom units, 2 2-bedroom units and 2 efficiency units. There is NO VACANCY and every unit is occupied. Tenants fill any empty spaces quickly but generally tend to stay. This is the perfect chance to own an investment property in the heart of uptown Kennett Square while making positive cash flow. Zoned R3/PAO. Possibility for rent increases and to decrease expenses. Selling as part of a 1031 Exchange.

Range of Values:

Collateral Analytics

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ICE

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First American

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Quantarium

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Average Value
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List Price
Sold Price
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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
08/14/2013 08/14/13 Sold $562,500 -25.0% $92 / Sq Ft
05/14/2013 05/14/13 Pending -- -- --
10/05/2012 10/05/12 For Sale $750,000 -- $122 / Sq Ft

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • George P. Plumley JR.

    Seller's Agent in 2013

    George P. Plumley JR.

    Springer Realty Group

    (610) 256-2660

    18 in this area

    73 Total Sales

    Section Image

  • M

    Buyer's Agent in 2013

    Massimo Criniti

    Coldwell Banker Realty

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Map

Pennsylvania Chester County Kennett Square 19348

116 N Union St, Kennett Square, PA

This home is located at 116 N Union St, Kennett Square, PA 19348. 116 N Union St is a home located in Chester County with nearby schools including Kennett Middle School, Kennett High School, and St. Patrick School.

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