Kennett Square PA Multi Family for Sale
$1,200,000
125 W State Street Kennett Square, PA 19348
- Type:
- Single Family
- Sq.Ft.:
- n/a
- Status:
- NEW LISTING
- Beds:
- n/a
- Lot size:
- 0.04 Acres
- Year built:
- 1910
- Baths:
- MLS#:
- PACT2075484
ADDITIONAL INFORMATION
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 propertyâs 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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Kennett Square Real Estate
The median home value in Kennett Square, PA is $559,900. This is higher than the county median home value of $491,600. The national median home value is $338,100. The average price of homes sold in Kennett Square, PA is $559,900. Approximately 46.37% of Kennett Square homes are owned, compared to 45.15% rented, while 8.48% are vacant. Kennett Square real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Kennett Square real estate agent to arrange a tour today!
Kennett Square, Pennsylvania has a population of 5,959. Kennett Square is less family-centric than the surrounding county with 28.34% of the households containing married families with children. The county average for households married with children is 36.91%.
The median household income in Kennett Square, Pennsylvania is $65,984. The median household income for the surrounding county is $109,969 compared to the national median of $69,021. The median age of people living in Kennett Square is 39.2 years.
Kennett Square Weather
The average high temperature in July is 84.8 degrees, with an average low temperature in January of 21.8 degrees. The average rainfall is approximately 49 inches per year, with 22.8 inches of snow per year.