Great 9.7 Cap Rate....Full occupancy. Solid Investment in historic Kennett Square! Priced to sell, all reasonable offers will be considered. Great tenant history. Apartments are scarce in Kennett and vacancy rate is extremely low in the area. Convenient walking distance to every amenity Kennett Square has to offer including restaurants, festivals, shoppes, etc.
INVESTOR ALERT! Don't miss this opportunity to own this gorgeous Victorian home in sought after Kennett Square Borough. This home can be a great rental property with both units rented and leases are month to month with 60 day notice. Never an issue getting quality tenants here. The ability to restore this home to a single family home would be a wonderful opportunity for the discerning buyer. There is a common entry for first and second floor units. First floor unit has access to the basement laundry and plenty of storage! The bright and sunny second floor unit has separate laundry on the third floor with plenty of storage space available as well. This three story Victorian is a short walk to the hustle and bustle of the Borough, the YMCA, and all of the quaint shops and restaurants, yet located on a quiet street with plenty of parking available. Lots of upgrades including updated heating system, storm windows, and roof that is only 10 years old. Come see this great property!!