8 Hillside St, Mohnton, PA 19540

$890,000
4,272
SqFt

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List Price
$890,000
Days on Market
1
Status
ACTIVE
MLS#
PABK2079914
Living Area
4,272
Lot Size (Acres)
0.69
Style
Barn
Year Built
1900
County
Berks
School District
Governor Mifflin

Property Description

Investment Opportunity in Mohnton! This four-unit apartment property offers projected annual rental income of $81,540 for 2027. Two of the four units are new as of 2022, while the remaining units have been recently updated, offering investors an attractive multifamily investment opportunity. Based on reported annual operating expenses of $15,161, the property generates a preliminary net operating income of $66,379, representing an estimated **7.46% capitalization rate at the $890,000 asking price**. Reported expenses include real estate taxes, insurance, water, sewer, trash, and lawn and snow removal. The property also features additional building area with potential for business expansion or other uses, subject to verification of zoning and permitted uses with Mohnton Borough. A compelling opportunity for investors seeking rental income, potential expansion, and long-term investment value. Prospective buyers should independently verify income, expenses, zoning, and any proposed additional uses.

Additional Information

Area
Mohnton Boro (10265)
School District
Governor Mifflin
Heating
Electric Baseboard, Forced Air
Cooling
Ductless Mini-Split
Water
Public
Sewer
Public Sewer

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Listing courtesy of Stoltzfus Realtors. Contact: