103 MERCER MILL Road Landenberg, PA 19350
MULTI_FAMILY - Other - LANDENBERG, PA
Property size:
3,770 SFLot size:
0.60 AcresPrice / SF:
$159/SF- Added:
- Oct 31, 2025
- Days on Market:
- 180
- Last Refresh:
- Apr 28 at 2:06 am
Property Features for 103 MERCER MILL Road
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Parking
- 7
- Parking features
- Off Street
- Standard status
- Active
- Size
- 3,770 SF
- Lot size
- 0.60 Acres
Taxes and HOA fees
- Tax Annual Amount
- 6375
Utilities
- Heating system
- Hot Water(Heating)
Building Details
- Year built
- 1880
- Number of units
- 4
- Building materials
- Stone
- Architectural style
- Other
Listing agent Aaron Alexander Jones License #RS377443 (610) 850-3535
Listing office Iron Valley Real Estate Exton 686 Wharton Boulevard, Exton, PA (610) 561-1111
Listing date Oct 31, 2025
MLS# PACT2111772
Listing URL
Copyright © 2026 Bright MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Overview
Landenberg Multifamily Investment Opportunity
Located in Landenberg, PA, this income-producing four-unit multifamily property offers a value-add investment opportunity. The property is situated in a peaceful country environment with strong rental demand and long-term tenant stability. The current total rent roll is $4,950 per month. The property consists of one three-bedroom, one-bath unit; one two-bedroom, one-bath unit; and two one-bedroom, one-bath units, each with its own unique layout. Cosmetic renovation of one of the one-bedroom units could potentially increase income. There is potential for utility restructuring, as propane/heat and well expenses are currently owner-paid but may be transferred to tenants. There is also potential to add coin-operated laundry for an extra revenue stream. The property is located close to Newark, DE, Kennett Square, local amenities, and top-rated schools. The lot size is 0.6 acres and the property size is 3,770 square feet.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Quadplexes
Location Insight
- Map
- Local Demand
- City
- Landenberg
- County
- Chester
- State
- Pennsylvania
- Longitude
- -75.7720261
- Latitude
- 39.7776947
FAQs
What type of property is this?
Quadplex - Four-unit property with income and value-add potential in Landenberg.
Where is this quadplex located?
The property is located at 103 MERCER MILL Road Landenberg, PA.
What is the asking price?
The asking price for this property is $599,900.
What are key features of this property?
This property features: Income‑producing 4‑unit property with a current rent roll of $4,950/month.; Value‑add potential through cosmetic renovation of a 1BR unit to increase income by $400/month.; Opportunity to improve operating margins by $6000/year by transferring utility expenses to tenants.
