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.
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Corporate Office - 215 S Centerville Rd. Lancaster, PA 17603
James J Hafer - West Virginia Broker of Record
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.