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103 MERCER MILL Road
LANDENBERG PA 19350 US

$624,900

Active Listing ID PACT2111772
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Lot: 0.60 Acres
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Other

$624,900

Active Listing ID PACT2111772
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103 MERCER MILL Road 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.

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Property Features

  • Facts
  • Lot Size: 0.60 Acres
  • Property Type: Residential Multi Family
  • Property Sub-type: Other
  • Features
  • Heating Fuels: Hot Water(Heating)

Property

  • propertytype: Residential Multi Family
  • propertysubtype: Other
  • listprice: 624900
  • unparsedaddress: 103 MERCER MILL Road
  • postalcity: LANDENBERG
  • stateorprovince: PA
  • country: US
  • postalcode: 19350
  • bathroomsfull: 0
  • bathroomshalf: 0
  • bathroomsonequarter: 0
  • bathroomsthreequarter: 0
  • lotsizeacres: 0.6
  • lotsizeunits: Acres
  • lotsizearea: 0.6
  • livingarea: 3770
  • livingareaunits: Square Feet
  • latitude: 39.7776947
  • longitude: -75.77202606
  • listagentfullname: Aaron Alexander Jones
  • listagentemail: aaron.a.jones1@gmail.com
  • listagentkey: 3yd-TRENDPA-3382314
  • listagentmlsid: 3382314
  • listagentpreferredphone: 6108503535
  • listagentofficephone: 6108503535
  • listofficekey: 3yd-TRENDPA-IVREE
  • listagentstatelicense: RS377443
  • listofficemlsid: IVREE
  • disclaimer: Copyright © 2025 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.
  • sourcesystemid: TRENDPA
  • yearbuilt: 1880
  • listingcontractdate: 2025-10-31
  • listagenturl: http://ironvalleyrealestateexton.com/
  • countyorparish: CHESTER
  • elementaryschooldistrict: KENNETT CONSOLIDATED
  • middleorjuniorschooldistrict: KENNETT CONSOLIDATED
  • highschooldistrict: KENNETT CONSOLIDATED
  • constructionmaterials: Stone
  • heating: Hot Water(Heating)
  • numberofunitstotal: 4
  • fireplaceyn: False
  • transactiontype: ForSale
  • storiestotal: 0
  • parkingtotal: 7
  • parkingfeatures: Off Street
  • waterfrontyn: False
  • franchiseaffiliation: None
  • architecturalstyle: Other
  • dock: False
  • poolprivateyn: False
  • spayn: False
  • internetaddressdisplayyn: True
  • internetautomatedvaluationdisplayyn: True
  • internetconsumercommentyn: True
  • location: -75.772026, 39.777695
  • customfields: {"AdditionalInformation":{}, "AlternatePrices":[], "BrokerName":"Iron Valley Real Estate Exton", "BuilderEmail":null, "BuilderFax":null, "BuilderPhone":null, "City":null, "Country":null, "CustomSourceId":null, "Expenses":[], "GeocodeOptions":null, "LeadRoutingEmail":"aaron.a.jones1@gmail.com", "ListBrokerageCity":"Exton", "ListBrokerageCountry":"US", "ListBrokerageEmail":"contracts@ivreexton.com", "ListBrokerageLogoUrl":null, "ListBrokerageName":"Iron Valley Real Estate Exton", "ListBrokeragePhone":"(610) 561-1111", "ListBrokeragePostalCode":"19341", "ListBrokerageStateOrProvince":"PA", "ListBrokerageUnitNumber":null, "ListBrokerageUnparsedAddress":"686 Wharton Blv", "ListBrokerageWebsiteUrl":"http://ironvalleyrealestateexton.com/", "ListOfficeAddress1":"686 Wharton Boulevard ", "ListOfficeAddress2":null, "ListOfficeBrokerMlsId":"IVREE", "ListOfficeCity":"Exton", "ListOfficeCountry":"USA", "ListOfficeEmail":"contracts@ivreexton.com", "ListOfficePostalCode":"19341", "ListOfficeStateOrProvince":"PA", "ListPriceCurrencyType":"USD", "ListingTitle":"MULTI_FAMILY - Other - LANDENBERG, PA", "ListingURL":"https://www.realtor.com/realestateandhomes-detail/103-Mercer-Mill-Rd_Landenberg_PA_19350_M39299-11070?f=listhub&s=TRENDPA&m=PACT2111772&c=rexren", "MLSModificationTimestamp":"2025-12-17 18:07:45", "Neighborhoods":[], "PostalCode":null, "RoomCount":null, "StateOrProvince":null, "Taxes":[{"TaxAnnualAmount":6375, "TaxDescription":null, "TaxYear":null}], "UnitNumber":null, "UnparsedAddress":null}
Listing Changed: 12/17/2025 6:24:19 PM GMT
Source Updated Date: 12/20/2025 6:51:54 AM GMT

Courtesy of: Aaron Alexander Jones, Iron Valley Real Estate Exton, aaron.a.jones1@gmail.com

Copyright © 2025 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.