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, DE, Kennett Square, local amenities, and top-rated schools. 103 Mercer Mill Rd checks all the boxes for stable returns with room to grow.
Landenberg is located in Pennsylvania. Landenberg, Pennsylvania has a population of 11,757. Landenberg is less family-centric than the surrounding county with 34.91% of the households containing married families with children. The county average for households married with children is 36.91%.
The median household income in Landenberg, Pennsylvania is $147,264. The median household income for the surrounding county is $109,969 compared to the national median of $69,021. The median age of people living in Landenberg is 44 years.
The average high temperature in July is 85.3 degrees, with an average low temperature in January of 23.5 degrees. The average rainfall is approximately 47.3 inches per year, with 12.6 inches of snow per year.
