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Rae Wheelan
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8 Hillside Street, Mohnton, PA 19540

$890,000
  • 8 Hillside Street, Mohnton, PA 19540 Main Photo

25 Photos

SQUARE FEET4,272 MLS#PABK2079914
STATUSACTIVE PROPERTY TYPEMulti Unit - Multiple SCHOOLGOVERNOR 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.

8 Hillside Street | MLS# PABK2079914

This multi-family property located at 8 Hillside Street, Mohnton, PA 19540 is currently listed for sale with an asking price of $890,000. Hillside Street is located within the GOVERNOR MIFFLIN school district. Search Mohnton real estate on www.raewheelan.net today.

Property Features

Property Type: Multi Unit - Multiple
Cooling: Ductless/Mini-Split
Fuel Type: Electric, Oil
Heating: Baseboard - Electric, Forced Air
Home Style: Converted Barn
Lot Size: 0.69 Acres
Taxes: $6,526
Year Built: 1900

Feature Descriptions

Additional Structures: Above Grade
Exterior: Concrete, Frame, Stone
Lot Dimensions: 0.69 Acre(S)
Municipality: MOHNTON BORO
Sewer: Public Sewer
Structure Type: Other
Three Bedroom Units: 1
Two Bedroom Units: 3
Units: 4
Water: Public

Local Schools

School District: GOVERNOR MIFFLIN

Listed By / Shown By

Listed By

Agency Name: Stoltzfus Realtors
Agency Phone: 6102865117

Shown By

Agent Name: Rae Wheelan
Agent Phone: (484) 769-2458
Agency Title: Berkshire Hathaway HomeServices Homesale Realty

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Estimated Payment

$ 2,784.17 per month $1,980.75 Principal & Interest $543.83 Property Tax $259.58 Homeowner's Insurance

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Disclaimer: All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information on this site was last updated 11/08/2026. The listing information on this page last changed on 11/08/2026. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Delta Media Group MLS (last updated Sun 11/08/2026 12:00:00 AM EST) or Bright MLS (last updated Sat 11/07/2026 12:33:33 AM EST). Real estate listings held by brokerage firms other than Berkshire Hathaway HomeServices Homesale Realty may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. All rights reserved.
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Agent License Information: 
Licensed in Pennsylvania
Regina (Rae) Wheelan 

955 Berkshire Boulevard, Suite 100, Wyomissing, PA 19610
610-372-3200

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