8 HILLSIDE ST, Mohnton, PA 19540
8 HILLSIDE ST, Mohnton, PA 19540
8 HILLSIDE ST, Mohnton, PA 19540
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Listed by Keith DeWalt • Stoltzfus Realtors
$890,000
Est. payment /mo
4,272 SqFt
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Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Active

Purchase Type For Sale

Square Footage 4,272 sqft

Price per Sqft $208

MLS Listing ID PABK2079914

Style Converted Barn

Abv Grd Liv Area 4,272

Year Built 1900

Annual Tax Amount $6,526

Tax Year 2026

Lot Size 0.690 Acres

Acres 0.69

Property Sub-Type Quadruplex

Source BRIGHT

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.

Location

State PA

County Berks

Area Mohnton Boro (10265)

Zoning RES

Interior

Hot Water Electric

Heating Baseboard - Electric, Forced Air

Cooling Ductless/Mini-Split

Fireplace N

Heat Source Electric, Oil

Exterior

Water Access N

Accessibility None

Garage N

Private Pool No

Building

Above Ground Finished SqFt 4272

Sewer Public Sewer

Water Public

Architectural Style Converted Barn

Additional Building Above Grade

New Construction N

Schools

School District Governor Mifflin

Others

Tax ID 65-4395-18-41-1589

Ownership Fee Simple

SqFt Source 4272

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Financing Cash,Conventional

Special Listing Condition Standard


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Brittany Wenger

Brittany Wenger

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8 HILLSIDE ST