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.