Login

103 Mercer Mill Rd, Landenberg, PA 19350

Landenberg
Local realty services provided by:CENTURY 21 Rauh & Johns
103 Mercer Mill Rd,Landenberg, PA 19350
$549,900
Virtual Tour
  • 7 Beds
  • - Baths
  • 3,770 sq. ft.
  • Multi-family
  • Active
Listed by: aaron alexander jones
Office: iron valley real estate exton
MLS#:PACT2111772
Source:BRIGHTMLS

Price summary

  • Price:$549,900
  • Price per sq. ft.:$145.86

About this home

Discover a profitable value-add multi-family investment in the heart of Landenberg. This income-producing 4-unit property is set in a peaceful country environment with strong rental demand and long-term tenant stability. With a current total rent roll of $4,950/month and value-add potential this property offers both immediate cash flow and excellent growth upside. Each unit features its own unique layout and charm: one 3-bedroom 1-bath unit, one 2-bedroom 1-bath unit, and two 1-bedroom 1-bath units. Rents are strong, and cosmetic renovation of the 1BR unit could boost income $400/month. Additional upside comes from utility restructuring — propane/heat and well expenses are currently owner-paid but may be transferred to tenants to improve operating margins by $6000/year. There is also potential to add coin-operated laundry for an extra revenue stream and added convenience. Located in highly desirable Landenberg, tenants enjoy the quiet rural setting while remaining close to Newark,...

Contact an agent

contact an agent

Yes, I would like more information. Please use and/or share my information with an independent agent affiliated with the CENTURY 21®  brand to contact me about my real estate needs. By clicking Send message, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If an independent agent affiliated with the CENTURY 21®  brand is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE® , Coldwell Banker® , Corcoran® , ERA® , Sotheby's International Realty® ). I acknowledge that I have read and agree to theTerms of useandPrivacy notice

Home facts

  • Year built:1880
  • Listing ID #:PACT2111772
  • Added:322 day(s) ago
  • Updated:September 17, 2026 at 01:42 PM

Rooms and interior

  • Bedrooms:7
  • Living area:3,770 sq. ft.

Heating and cooling

  • Heating:Hot Water, Propane - Leased

Structure and exterior

  • Roof:Shingle
  • Year built:1880
  • Building area:3,770 sq. ft.
  • Lot area:0.6 Acres
  • Architectural Style:Traditional
  • Construction Materials:Stone
  • Foundation Description:Stone

Utilities

  • Water:Well
  • Sewer:Private Sewer

Finances and disclosures

  • Price:$549,900
  • Price per sq. ft.:$145.86
  • Tax amount:$6,375 (2025)

Parking

  • Parking description:Off Street

New listings near 103 Mercer Mill Rd