$890,000

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.

Property Facts & Features

Property Type

Multi Family

Status

Active

Listed

Oct 27, 2026

Price per Sq Ft

$208/sqft

ZIP Code

19540

Parking

Driveway, Off Street

Heating

Baseboard Electric, Forced Air

Cooling

Ductless/Mini Split

Construction

Concrete, Frame, Stone

Style

Converted Barn

Property Tax (2026)

$6,004/yr

Assessed Value

$128,400

Last Sold

$365,000 · Dec 2, 2021

County

Berks

School District

Governor Mifflin School District

Estimated Value

Automated estimate. Not an appraisal.

Features & Amenities

Location

Lat 40.28490 · Lng -75.97830