$460,000
SOLD DEC 20, 2024

17 E Summit St Mohnton, PA 19540

-- Bed
-- Bath
3,434 Sq Ft
5,662 Sq Ft Lot

Recently Sold

$134 Per Sq Ft

2% Below List Price

56 Days on Market

Highlights

  • Traditional Architecture
  • 1 Car Detached Garage
  • Paneling
  • Solid Hardwood Flooring
  • Oversized Parking
  • Electric Baseboard Heater

About This Home

As of December 2024

Attention Investors- Unique four-unit investment opportunity in Mohnton features all two-bedroom, one-bath units, including three apartments in the main house and a very spacious, two-bedroom apartment with almost 1000 square feet, above a detached garage. The property separate entrances, individual electric meters, and separate water heaters, with the garage apartment also featuring gas heating, making this investment property highly appealing . Situated in a quiet area close to parks, schools, and community events, this property is ideal for renters. With flexible month-to-month leases, there's great potential to adjust rents to market value to maximize income. A rare find, this versatile property offers strong returns for investors.

Last Agent to Sell the Property

Debra & Patrick Hassler

Keller Williams Platinum Realty - Wyomissing License #AB069070 Listed on: 09/05/2024

Keller Williams Platinum Realty - Wyomissing

Last Buyer's Agent

Mr. Nelson Gamez

Realty One Group Alliance License #RS321270

Realty One Group Alliance

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,662

Year Built

  • Built in 1900

Lot Details

  • 5,662 Sq Ft Lot
  • Level Lot
  • Back Yard
  • Property is in good condition

Parking

  • 1 Car Detached Garage
  • Basement Garage
  • Oversized Parking
  • Gravel Driveway
  • On-Street Parking

Home Design

  • Quadruplex
  • Traditional Architecture
  • Permanent Foundation
  • Stone Foundation
  • Plaster Walls
  • Slate Roof
  • Rubber Roof
  • Aluminum Siding
  • Vinyl Siding

Interior Spaces

  • 3,434 Sq Ft Home
  • Paneling

Flooring

  • Solid Hardwood
  • Carpet
  • Concrete
  • Ceramic Tile
  • Vinyl

Basement

  • Basement Fills Entire Space Under The House
  • Interior and Exterior Basement Entry

Schools

  • Governor Mifflin High School

Utilities

  • Radiator
  • Heating System Uses Oil
  • Hot Water Baseboard Heater
  • Electric Baseboard Heater
  • 100 Amp Service
  • Natural Gas Water Heater

Listing and Financial Details

  • The owner pays for accounting/legal, advertising/licenses and permits, heat, heater maintenance contract, insurance, sewer, real estate taxes, trash collection, water
  • Tax Lot 6122
  • Assessor Parcel Number 65-4395-18-22-6122

Community Details

Overview

  • 4 Units
  • Mohnton Subdivision

Building Details

  • Income includes apartment rentals
  • Insurance Expense $2,500
  • Maintenance Expense $300
  • Other Expense $2,500
  • Operating Expense $16,000
  • Gross Income $50,400
  • Net Operating Income $34,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,662

Year Built

Built in 1900

Lot Details

0

Parking

1

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Quadruplex
  • Structure Type: Detached
  • Architectural Style: Traditional
  • Ownership: Fee Simple
  • Exclusions: 2nd fl rear refrigerator, garage washer and dryer are tenants,1st floor main frig , washer and dryer are tenants
  • Historic: No
  • New Construction: No
  • Other Expense: 2500.00
  • Expected On Market: 2024-09-05
  • Year Built: 1900
  • Automatically Close On Close Date: No
  • Building Winterized: No
  • Remarks Public: Attention Investors- Unique four-unit investment opportunity in Mohnton features all two-bedroom, one-bath units, including three apartments in the main house and a very spacious, two-bedroom apartment with almost 1000 square feet, above a detached garage. The property separate entrances, individual electric meters, and separate water heaters, with the garage apartment also featuring gas heating, making this investment property highly appealing . Situated in a quiet area close to parks, schools, and community events, this property is ideal for renters. With flexible month-to-month leases, there's great potential to adjust rents to market value to maximize income. A rare find, this versatile property offers strong returns for investors.
  • Special Features: None

Interior Features

  • Flooring Type: Carpet, Ceramic Tile, Concrete, Hardwood, Vinyl, Solid Hardwood
  • Fireplace: No
  • Wall Ceiling Types: Dry Wall, Paneled Walls, Plaster Walls
  • Foundation Details: Permanent, Stone
  • Basement: Yes
  • Basement Type: Full, Outside Entrance, Interior Access
  • Total Sq Ft: 3434
  • Living Area Sq Ft: 3434
  • Price Per Sq Ft: 136.84
  • Above Grade Finished Sq Ft: 3434
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 17

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Vinyl Siding, Aluminum Siding
  • Exterior Features: Sidewalks
  • Roof: Slate, Rubber
  • Spa: No
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 1.00
  • Garage: Yes
  • Parking Features: Crushed Stone
  • Garage Features: Basement Garage, Oversized
  • Number Of Detached Garage Spaces: 1
  • Total Garage And Parking Spaces: 1
  • Type Of Parking: On Street, Detached Garage

Utilities

  • Central Air Conditioning: No
  • Electric Service: 100 Amp Service
  • Heating Fuel: Oil, Electric
  • Heating Type: Baseboard - Electric, Baseboard - Hot Water, Radiator
  • Heating: Yes
  • Hot Water: Electric, Natural Gas
  • Sewer/Septic System: Public Sewer
  • Utilities: Electric Available, Natural Gas Available, Sewer Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Association Recreation Fee: No

Schools

  • School District: GOVERNOR MIFFLIN
  • High School: GOVERNOR MIFFLIN
  • High School Source: 3rd Party
  • School District Key: 300200397317
  • School District Source: 3rd Party
  • High School: GOVERNOR MIFFLIN

Lot Info

  • Land Use Code: 141
  • Lot Features: Rear Yard, Level
  • Lot Size Acres: 0.13
  • Lot Dimensions: 0.00 x 0.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 5662.00
  • Property Condition: Good
  • Year Assessed: 2024
  • Zoning: R-2

Rental Info

  • Existing Lease Type: Month To Month, Yearly
  • Owner Pays: Accounting/Legal, Advertising/Licenses And Permits, Heat, Heater Maintenance Contract, Insurance, Sewer, Taxes - Real Estate, Trash Collection, Water
  • Total Actual Rent: 50400.00
  • Units Leased Count: 4
  • Vacation Rental: No

Tax Info

  • School Tax: 3805.00
  • Tax Annual Amount: 5662.00
  • Assessor Parcel Number: 65-4395-18-22-6122
  • Tax Lot: 6122
  • Tax Total Finished Sq Ft: 2486
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2024
  • Close Date: 12/20/2024

Multi Family

  • Gross Income: 50400.00
  • Gross Scheduled Income: 50400.00
  • Income Includes: Apartment Rentals
  • Operating Expense: 16000.00
  • Other Units: Unit 1,Unit 2,Unit 4,Unit 3

MLS Schools

  • School District Name: GOVERNOR MIFFLIN

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/20/2024 12/20/24 Sold $460,000 -2.1% $134 / Sq Ft
11/01/2024 11/01/24 Pending -- -- --
09/29/2024 09/29/24 For Sale $469,900 0.0% $137 / Sq Ft
09/14/2024 09/14/24 Off Market $469,900 -- --
09/05/2024 09/05/24 For Sale $469,900 0.0% $137 / Sq Ft
09/13/2023 09/13/23 Rented $1,200 0.0% --
09/08/2023 09/08/23 Off Market $1,200 -- --
07/10/2023 07/10/23 For Rent $1,200 +33.3% --
04/01/2021 04/01/21 Rented $900 0.0% --
03/12/2021 03/12/21 Off Market $900 -- --
02/09/2021 02/09/21 For Rent $900 -- --
Source: Bright MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: PABK2047468

Bright MLS

APN: 4395-18-22-6122