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$1,195,000

Beds
5
Baths
4.0
sq ft
3,751

220 S Broad St, Kennett Square, PA 19348

220 S Broad St

KENNETT SQUARE, PA 19348

  • 11 days on market
***PUBLIC OPEN HOUSES --WED, 9-11-24, 1 PM - 3PM and THURS, 9-12-24, 4pm - 6 pm**** A historic investment opportunity in vibrant Kennett Borough! Welcome to the John Mendenhall House, a timeless Victorian gem built in 1873, nestled on a desirable corner lot in the heart of Kennett Borough. This rare multi-building property not only offers a spacious and elegant main residence, but also includes a second dwelling that presents an EXCEPTIONAL RENTAL OR GUEST SUITE OPPORTUNITY! Nestled in the heart of growing Kennett Square Borough, this property offers an unparalleled location. Just a short walk away from the lively downtown area, you can indulge in the borough's renowned restaurants, explore charming shops, and partake in a variety of community activities. The allure of this sought-after neighborhood is further enhanced by nearby attractions such as Anson B. Nixon Park, The Creamery, and Braeloch Brewery, providing endless opportunities for recreation and entertainment. The John Mendenhall House is a stunning display of historic charm and elegance. The main home boasts grand living spaces with soaring 9-foot ceilings and gleaming hardwood floors throughout. Modern upgrades seamlessly integrate with the home’s historic elements, with recent enhancements including a new boiler, tankless hot water heater, HVAC system, dishwasher, fridge, microwave, and washer and dryer. At the heart of the home lies an expansive kitchen, perfect for gatherings, featuring a double-sized center island and a newly added mudroom with its own outside entrance. The third level offers additional versatile space with three finished rooms, each heated and cooled, ideal for extra sleeping areas, playrooms, or storage. Outdoor living is a delight with a large front porch adorned with wrought iron columns, a renovated screened-in porch at the rear, and a fenced backyard offering privacy and relaxation. Parking is never an issue, with a two-car garage, driveway, and additional on-street options available. The second building adds a unique experience not often found in the borough. The generous 1,200 square feet of living space is a prime rental option. Features include 2 bedrooms, 1.5 baths, a full kitchen with island and granite counters, spacious living and dining areas, a convenient laundry room, and a large front porch. Whether you’re looking for a reliable source of rental income or a separate guest suite, this space will certainly enhance the property's value. The combination of a prime location, historic charm, and dual-living potential makes this property a remarkable investment. Enjoy living in the beautifully restored main house while generating income from the second dwelling or use both spaces to accommodate multi-generational living. The possibilities are endless, making this an opportunity not to be missed. Secure your chance to own a piece of Kennett Square’s history while making a valuable investment in one of the borough’s most desirable locations. PROFESSIONAL PHOTOS COMING FRI 9/6

Details

Property type

Single Family Residence

Lot size

7,125 sq ft

Price per sq ft

$319

Year built

1873

Annual property taxes

$9,884

HOA

No

Price History

09/11/2024
Bright

Bright #PACT2073574

Listed
$1,195,000
+89.68%
04/01/2016
Bright

Bright #1002745946

Sold
$630,000

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

KENNETT

Community features: 

Sidewalks, Street Lights

School district: 

KENNETT CONSOLIDATED

Status: Active

Tomo last checked: 09/16/2024 at 4:25 PM

Listing updated: 09/11/2024 at 12:16 AM

Listed by: Jill D Taylor, Keller Williams Realty Devon-Wayne Phone #: (610) 647-8300

MLS: Bright #PACT2073574

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