107 W STATE Street, Kennett Square, PA 19348
MULTI_FAMILY - KENNETT SQUARE, PA
- Added:
- Mar 10, 2026
- Days on Market:
- 92
- Last Refresh:
- Jun 9 at 7:06 pm
Property Features for 107 W STATE Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Rooms
- Family Room
- Parking features
- On Street
- Interior features
- Bathroom - Stall Shower, Family Room Off Kitchen, Kitchen - Eat-In
- Appliances
- Dryer, Refrigerator, Stove, Washer
- Standard status
- Active
- Size
- 2,792 SF
- Lot size
- 0.03 Acres
Taxes and HOA fees
- Tax Annual Amount
- 4464
Utilities
- Heating system
- Radiant
- Cooling system
- Window Unit(s), Central Air
Building Details
- Year built
- 1900
- Number of units
- 2
- Building materials
- Brick Front
Listing agent Renzo Naimo License #RM424734 (610) 401-7575
Listing office RE/MAX Ace Realty 4333 W Lincoln Highway, Downingtown, PA (484) 712-0009
Listing date Mar 10, 2026
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.
HighLights
- Prime mixed‑use property in downtown Kennett Square with retail/office space and a residential apartment.
- Exceptional visibility and steady foot traffic on the borough's main thoroughfare.
- Second‑floor apartment features 2 bedrooms + bonus room; currently leased with tenants who wish to stay.
- Commercial space features tall ceilings, beautiful hardwood flooring, and an updated bathroom.
- Located in a vibrant, walkable downtown with a dynamic calendar of community events.
- Includes central air conditioning and appliances (Dryer, Refrigerator, Stove, Washer).
Overview
Local Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $72.7k | $26.04 |
| − Vacancy | −$14.2k | −$5.08 |
| EGI | $58.5k | $20.96 |
| − OpEx | −$14.6k | −$5.24 |
| NOI | $43.9k | $15.72 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Kennett Square
- County
- Chester
- State
- Pennsylvania
- Longitude
- -75.71211
- Latitude
- 39.84681
