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125 W State Street Kennett Square, PA $ 799,000
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$ 799,000 Get more info
125 W State Street
$ 799,000
Back to search
Share Save

125 W State Street

Kennett Square, PA, 19348
$ 799,000
Bedrooms9 Baths0.0

Monthly Estimate*

$ 4,920

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Multi-Family Home for sale in Kennett Square, PA

for $799,000 with 9 bedrooms. This home was built in 1910 on a lot size of 0.04.

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 propertys 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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Multi-Family Pending

Price

$ 799,000

Bedrooms

9

Property Type

Multi-Family

Taxes

$ 6,486

Style

Colonial

Lot Size

0.04

Year Built

1910

Town/City

Kennett Square

County/Region

Chester

MLS | Web ID

PACT2075484
Features
General
Living Area 3922
Sewer Public Sewer
Heating Baseboard - Hot Water 90% Forced Air
Cooling Window Unit(s)
Possession Negotiable Immediate
Zoning C-1 / R30 RES
Architectural Style Colonial
Construction Materials Brick
School District KENNETT CONSOLIDATED
Year Built 1910
Property Subtype Quadruplex
Tax Year 2024
Ownership Fee Simple
Cool Fuel Electric
Municipality KENNETT SQUARE BORO
Gross Income 68230.00
Accessibility None
County CHESTER
Net Operating Income 48718.00
Operating Expense 19512.00
New Construction N
Property Type Multi-Family
Garage Y/N N
Water Access Y/N N
Other Structures Above Grade Below Grade
Status PENDING
Directions From Union & State Rd continue on State Rd for 300'. Building is on your right. Street parking for showings. Rear parking lot has designated tenant parking.
City KENNETT SQUARE
Number Of Units Total 4
MLS Area Kennett Square Boro (10303)
Lot Size Units Square Feet
Lot Size Square Feet 1850.00
Number of Units Leased 4
Tax Annual Amount 6486.0
Two Bedroom 1
Structure Type Detached
Price Per Sq Ft Total AG 203.72
Rent Control Y/N N
Vacation Rental Y/N N
Lease Type Gross
Standard Status Pending
Year Built Source Assessor
Tax Lot 0196
Total Actual Rent 68230.00
Cap Rate 4.90
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Interior
Heating Fuel Natural Gas
Flooring Wood Partially Carpeted
Hot Water Electric
Total Stories 3
Furnished Units None
Heating Y/N Y
Fireplace Y/N N
Central Air Y/N N
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Exterior
Pool No Pool
Parking Features Asphalt Driveway Private
Lot Features Backs - Open Common Area Private Rear Yard
Water Source Public
Type of Parking Parking Lot
Foundation Details Stone
Water View Y/N N
Lot Dimensions 36 x 50
Lot Size Acres 0.04
Lot Size Source Estimated
Waterfront Y/N N
Land Assessed Value 31100.00
Navigable Water Y/N N
Water Oriented Y/N N
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Internal Only
Street Number 1 125
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* Excluded Features
List By
Bhhs Fox & Roach - Hockessin

Broker

chrisblackrealestate@gmail.com

Email

Affordability Calculator

$5,460
Per Month
90%
10%
0%
Monthly Principal & Interest
$4,920
Monthly Property Taxes
$541
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
3533938 Elementary School
3535473 Middle School
Unknown High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
8/4/2025$799,000 -3.15% Price Down
5/23/2025$825,000 -2.94% Price Down
5/5/2025$850,000 -5.45% Price Down
4/7/2025$899,000 -9.65% Price Down
2/3/2025$995,000 -9.55% Price Down
12/9/2024$1,100,000 -8.33% Price Down
10/29/2024$1,200,000 Listed Price

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125 W State Street, Kennett Square, PA, 19348 is a Multi-Family Home for sale at $799,000 with a lot size of 0.04. 125 W State Street has 9 bedrooms, 0.0 baths, and was built in 1910. The property's zip code is 19348 which is in Kennett Square, PA

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