103 MERCER MILL RD, Landenberg, PA 19350

• 3,770 sqft

Property 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 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.

Listing Status:

Active

Date Added:

October 31, 2025 at 05:00AM

Listing Office:

Iron Valley Real Estate Exton : 6105611111

Listing Agent:

Aaron Alexander Jones : 6108503535

MLS ID:

PACT2111772

Interior

• A/C: None
• Heating: Hot WaterPropane - Leased
• Disability Feature: None

Exterior

• General: Above GradeBelow Grade
• Style: Traditional

Construction

• Roofing: Shingle
• General: Stone

Location

• Originating MLS: BRIGHT_MAIN
• School District: KENNETT CONSOLIDATED
• County: CHESTER-PA

Lot

• Zoning: R160-05 -0054

Utilities

• Water: Well
• Sewer: PrivateSewer

Financial

• Source: BRIGHT_MAIN
• Exclusions: Tenants personal propertyPropane Tank

This listing courtesy of Aaron Alexander Jones, Iron Valley Real Estate Exton