125 W State Street, Kennett Square, PA 19348-3020 $1,100,000

# of Units: 4
Interior Sq. Ft: 3,922
Acreage: 0.04
Age:114 years
Taxes: $6,486
MLS#: PACT2075484
Design/Type:
Detached

Description

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 property’s 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.

Taxes: $6,486
Home Assoc: No
Condo Assoc: No
Garage: N
Basement:
Pool: No Pool
School Dist: Kennett Consolidated

Features

Utilities
90% Forced Air, Baseboard - Hot Water Heating, Natural Gas, Window Unit(s) Cooling, Electric, Hot Water - Electric, Public Water, Public Sewer

Garage/Parking
Parking Lot, Private Parking

Interior
Partially Carpeted Flooring, Wood Flooring, Plaster Walls

Exterior
Stone Foundation, Brick Exterior

Lot
Backs - Open Common Area, Rear Yard, Private Lot

Select a school from the following list. Schools are grouped by school type.
The schools on this list are selected by their proximity of up to 5 miles to the property address. Proximity does not guarantee enrollment eligibility. Please contact the school directly for more information on enrollment requirements.
* If there are more than 5 schools of any type within a close proximity, click on the button to see additional schools of that type near the search address.

Public Elementary (6 schools)

School District Grades Place Distance
Mary D Lang Kindergarten Center Kennett Consolidated School District K Kennett Square 0.26 mi
Bancroft Elementary School Kennett Consolidated School District 1–5 Kennett Square 2.11 mi
Greenwood Elementary School Kennett Consolidated School District 1–5 Kennett Square 2.74 mi
New Garden Elementary School Kennett Consolidated School District 1–5 Toughkenamon 3.07 mi
Unionville Elementary School Unionville-Chadds Ford School District K–5 Kennett Square 3.33 mi
Hillendale Elementary School Unionville-Chadds Ford School District K–5 Chadds Ford 4.11 mi

Public Middle (3 schools)

School District Grades Place Distance
Charles F Patton Middle School Unionville-Chadds Ford School District 6–8 Kennett Square 2.73 mi
duPont (H.B.) Middle School Red Clay Consolidated School District 6–8 Hockessin 3.39 mi
Kennett Middle School Kennett Consolidated School District 6–8 Landenberg 3.95 mi

Public High (2 schools)

School District Grades Place Distance
Kennett High School Kennett Consolidated School District 9–12 Kennett Square 0.59 mi
Unionville High School Unionville-Chadds Ford School District 9–12 Kennett Square 2.59 mi

Private (5 schools)

School Grades Place Distance
Ducklings Early Learning Center Nonsectarian K Kennett Square 2.11 mi
Upland Country Day School Nonsectarian Preschool–9 Kennett Square 2.76 mi
Fairville Friends School Inc Friends Preschool–K Chadds Ford 3.56 mi
London Grove Friends Kindergarten Friends K Kennett Square 3.57 mi
Centerville Layton School Nonsectarian K–12 Wilmington 4.84 mi

© 2024 LiveBy. All Rights Reserved.

This report is a detailed community overview for Kennett Square (19348), Pennsylvania.

Community Quick Facts

  • Average travel time to work for people in this community: 23
  • Average salary of people in this community: $75,129

Community Summary

  • Population Density (ppl / mile): 642
  • Household Size (ppl): 2.69
  • Households w/ Children: 62%

Housing Inventory

  • Owned: 6,192 (67.8%)
  • Rented: 2,493 (27.3%)
  • Vacant: 442 (4.8%)
  • Total: 9,127

Population Demographics

The population of the community broken down by age group. The numbers at the top of each bar indicate the number of people in the age bracket below.

Total: 23,934
Households: 8,685
Median Age: 41.50

Climate and Weather

The Temperature chart displays average high and low values for January and July, and is designed to provide an indication of both seasonal and daily temperature variability. The Weather Risk Index indicates the calculated risk of each type of weather event occurring in the future. This risk is based on historical localized storm events and weather patterns. The national average for each type of weather event equals a score of 100, so a score of 200 would represent twice the risk as the national average, and a score of 50 would represent half the risk of the national average.

Temperature

Education

Highest Level of Education Attained

  • Less than 9th Grade: 7.5%
  • Some High School: 3.9%
  • High School Graduate: 18.4%
  • Some College: 11.1%
  • Associate Degree: 4.7%
  • Bachelor's Degree: 29.8%
  • Graduate Degree: 24.6%

Income by dollar range

Median Income: $96,373

Fair Market Rents

The Fair Market Rents show average gross rent estimates based on figures provided by the U.S. Department of Housing and Urban Development (HUD).

  • Studio: $3,160
  • One Bedroom: $906
  • Two Bedroom: $1,116
  • Three Bedroom: $1,471
  • Four Bedroom: $1,883

© 2024 LiveBy. All Rights Reserved.

Contact Information

Listing Courtesy of: BHHS Fox & Roach - Hockessin , (302) 999-9999

The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which Patterson-Schwartz Real Estate participates, and is provided by BRIGHT through a licensing agreement. The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information Deemed Reliable But Not Guaranteed.
Copyright BRIGHT, All Rights Reserved
Listing data as of 12/24/2024.

125 W State Street, Kennett Square, PA 19348-3020

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Broker Compensation

An offer of broker compensation or seller concession is not a guarantee. All compensation offers and concessions are negotiable and subject to written agreement between the parties. Please consult with your real estate agent for more information.