Property
Kennett Square, PA 19348 525 W State Street
$1,650,000
13 more
Presented By: Berger Real Estate Client Services
SQFT • 4,350
SQFT • 4,350Home Details
Exceptional investment opportunity in the heart of Kennett Square. This well-maintained, fully leased six-unit property offers immediate, reliable income with a strong rental history.
The building features three 1-bedroom and three 2-bedroom renovated apartments, all well-kept and appealing to long-term tenants. Additional income is generated through an on-site laundry room and rentable storage.
Ideally located near local shops, dining, and major routes, residents enjoy the charm and convenience of Kennett Square.
A turnkey asset with proven performance, this property is a rare opportunity for investors seeking stable cash flow in a highly desirable market.
Presented By: Berger Real Estate Client Services
Interior Features for 525 W State Street
Other Interior Features
Central Air Y/NYes
FlooringWood, Vinyl
Heating FuelElectric
Heating Y/NYes
Hot WaterElectric
General for 525 W State Street
AccessibilityNone
Business TypeApartment Building
CityKENNETT SQUARE
Construction MaterialsStucco
Cool FuelElectric
CoolingCentral A/C
CountyCHESTER
DirectionsPlease use GPS
HeatingHeat Pump - Electric BackUp
Lease Considered Y/NNo
Location TypeSuburban
Lot Size Square Feet22651.20
Lot Size UnitsSquare Feet
MLS AreaKennett Square Boro (10303)
MunicipalityKENNETT SQUARE BORO
New ConstructionNo
Number Of Units Total6
OwnershipFee Simple
PossessionSettlement
Price Per Sq Ft Total AG302.53
Property ConditionExcellent
Property SubtypeFive Or More Units
Property TypeCommercial Sale
SewerPublic Sewer
Standard StatusActive
StatusACTIVE
Tax Annual Amount16816.32
Tax Assessed Value329940.0
Tax Lot0164
Tax Year2026
UtilitiesWater Available, Sewer Available, Electric Available
Vacation Rental Y/NNo
Water Access Y/NNo
Year Built1910
Year Built SourceAssessor
ZoningC2
Exterior for 525 W State Street
Building Area Total5454.00
Car Parking Spaces6
Land Assessed Value60450.00
Land Use CodeR40
Lot Dimensions0.00 x 0.00
Lot Size Acres0.52
Lot Size SourceEstimated
LotDimensionsSourceAssessor
Navigable Water Y/NNo
Total Loading Docks0
Total Parking Spaces6
Type of ParkingParking Lot
Water Oriented Y/NNo
Water SourcePublic
Water View Y/NNo
Waterfront Y/NNo
Additional Details
Price History
Monica Henriques
Real Estate Agent