Movoto Real Estate
Sold on 04/27/2026
  • Exterior
  • Other
  • Entry Way
  • Kitchen
  • Bedroom
  • Living
  • Bath

17 E Summit St, Mohnton, PA 19540

  • $570,000

    Last sold 04/27/2026 after 68 Days

  • bed

  • bath

  • 3,434

    Sqft ($166/Sqft)

Multi-family not for sale
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About 17 E Summit St

Property type Multi-family
Neighborhood
Year built 1900
HOA fee $0/month
Lot size 5,662 Sqft
Movoto estimate
Parking 1 garage spaces
Property description
Investor & Private Landlord Alert! Prime 4-Unit Opportunity in Mohnton Welcome to 17 E Summit Street, Mohnton, PA 19540 — a fully rented, turnkey four-unit(all 2 Bedroom), two-building multifamily property with garage, located in the heart of Mohnton within the highly desirable Governor Mifflin School District. This is the type of income-producing asset investors wait for — and it will not last long! All four spacious units offer private, separate entrances, providing added privacy and strong tenant appeal. Two units feature direct access to a welcoming front porch, perfect for relaxing outdoors, while the other two boast large, fully enclosed "Florida-style" sunrooms — a rare and attractive feature that enhances rental desirability. One unit includes exclusive access to a large garage, with plenty of space for parking AND additional storage. The property blends late 19th-century charm with modern updates, including updated flooring in most rooms. Two units are equipped with in-unit washers and dryers, while the remaining two have access to basement laundry facilities. Utilities are separately metered for electric and gas, along with separate water heaters for each unit — a major advantage for expense control and simplified management. Heating sources include electric, oil, and gas. The roof has seen recent upgrades, adding peace of mind for the next owner. Ideally situated near parks, schools, restaurants, and community events, with convenient access to major commuter routes, this property continues to attract strong tenant demand due to its prime Mohnton location! Whether you are expanding your portfolio or entering the multifamily space for the first time, this is a rare opportunity to acquire a high-demand, income-producing asset with immediate value-add potential. Schedule your showing today — properties with this level of flexibility and upside do not sit on the market long!
Listed by
Listing Agent - Nicholas Joseph Riegel
Listing Office - Keller Williams Platinum Realty - Wyomissing
Source: Bright MLS mls logo
MLS#PABK2068212 • last updated 4 months ago
Movoto checked Bright MLS for data 13 minutes ago
Overview
Cooling/AC None, None
Heating Oil, Electric
Levels/Style Traditional
Type Multi-Family
SubType Quadruplex
Status Closed
SqFt 3434
Lot Size (SqFt) 5662
Lot Size (Acres) 0.13
County Tax 1087, Annually
City/ Town Tax 748
School Tax 3994
Tax: Assessed Value 120600
Annual Property Tax 5829
Year Built 1900
Municipality MOHNTON BORO
New Construction (Y/N) N
Foreclosure (Y/N) N
Interior
Basement Full, Outside Entrance, Interior Access
Total # of Rooms 27
Appliances Oven/Range - Gas, Refrigerator, Washer, Water Heater
Walls/ Ceilings Dry Wall, Paneled Walls, Plaster Walls
Interior Features Dining Area, Kitchen - Table Space, Wood Floors, Attic, Carpet, Combination Kitchen/Dining, Floor Plan - Traditional, Built-Ins, Walk-in Closet(s)
Accessibility Features None
Door Features Double Entry
Exterior
Roof Slate, Rubber
Garage Desc Basement Garage, Oversized
Parking Desc On Street, Detached Garage
# Garage Spaces 1
# Parking Spaces 1
# Detached Garage Spaces 1
Exterior Features Sidewalks, BBQ Grill
Existing Structures Above Grade, Below Grade, Porch(es), Garage(s), 2nd House
Amenities / Utilities
Sewer/ Septic Public Sewer
Electricity 100 Amp Service
Pool No Pool
Location
Subdivision MOHNTON
Water Source Public
High School GOVERNOR MIFFLIN
School District GOVERNOR MIFFLIN
Location Suburban
Zoning R-2
Multifamily Details
# 2-Bedroom Units 4
# Units Furnished None
# Units Month To Month 3
Gross Income 67200
Net Operating Income 47811.14
Operating Expense 7200
Cap Rate 8.1
Gross Scheduled Income 67200
Income Includes Apartment Rentals
$569K
Range: $534K-$603K
Last 30 days 
  • Apr 2026
    mls logo MLS # PABK2068212
  • Apr 28, 2026 Sold
    $570,000 (-3.4%)
  • Mar 28, 2026 Pending
  • Feb 16, 2026 Listed
    $589,999 (+28.3%)
  • Dec 2024
    Public Records
  • Dec 23, 2024 Sold
    $460,000
  • Dec 2024
    mls logo MLS # PABK2047468
  • Dec 22, 2024 Sold
    $460,000 (-2.1%)
  • Nov 5, 2024 Pending
  • Aug 28, 2024 Listed
    $469,900 (+132.6%)
  • Jun 2006
    Public Records
  • Jun 8, 2006 Sold
    $202,000
  • Year Property taxes Tax assessment
  • 2025
    $2,016 +8.6%
    $120,600
  • 2024
    $1,857
    $120,600
  • 17 E Summit St
    $570K
  • Mohnton
  • 19540
    $450K 0% y/y
  • Mohnton
    $450K 0% y/y
No chart available
Statistics calculated by Movoto

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Source: GreatSchools.org © 2026. All rights reserved.

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  • 17 E Summit St
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The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which Movoto participates, and is provided by BRIGHT through a licensing agreement.The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated: 8/27/2026. Some properties which appear for sale on this website may no longer be available because they are under contract, have Closedor are no longer being offered for sale. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. This home sale information is not to be construed as an appraisal and may not be used as such for any purpose. BRIGHTMLS is the (or a) provider of this home sale information and has compiled content from various sources. Some properties represented may not have actually solddue to reporting errors.
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