Rare investment opportunity in Kennett Borough! This 9-unit apartment generates over $68,000 in gross rental income plus approximately $5,000 more in laundry income. There are 5 1-bedroom units, 2 2-bedroom units and 2 efficiency units. There is NO VACANCY and every unit is occupied. Tenants fill any empty spaces quickly but generally tend to stay. This is the perfect chance to own an investment property in the heart of uptown Kennett Square while making positive cash flow. Zoned R3/PAO. Possibility for rent increases and to decrease expenses. Selling as part of a 1031 Exchange.
This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.
