Do Real Estate on the Go!
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Do Real Estate on the Go!
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$649,900
4 Beds
- -- Bath
3,770sqft
103 Mercer Mill Rd, Landenberg, PA 19350
$649,900
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Quadruplex
Built in 1880
$-- HOA
26,231 sqft lot
$172/sq.ft
Description
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 a...
Property Details
Status
Active
Type
Multi Family
No. of Stories
-
County
City
Neighborhood
--
Year Built
1880
HOA Fees
-
Finished Area
3,770 sqft
Lot Size
26,231 sqft lot
Basement Area
- sqft
MLS Name
Bright MLS
MLS Number
P2111772
MLS Status
ACTIVE-BRIGHT
Days on Market
36
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