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Tudor-Style Duplex with Private Entrances
New
For Sale
$300,000

27 JOHNS PLACE, Mohnton, PA 19540

Two separate living levels each provide a kitchen, bedroom, bathroom, living room, and laundry for flexible occupancy.

Property Size1,400 SF
Price / SF$214.29
Days on Market4

Property Features for 27 JOHNS PLACE

General Information

Standard status Active
Size 1,400 SF
Property subtype Duplex

Additional Details

Multifamily Units 2

Amenities

hardwood floors
patio
balcony
central air
laundry

Building Details

Year Built 1940
Buildings 1
Construction Tudor
Listing Agency: BHHS Homesale Realty- Reading Berks
Listed By: Loretta Leibert · License #AB067626
Source: Cummingsrealtors
Added: Aug 8 Changed: Aug 11 Last Checked: Aug 11 at 6:08AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of BHHS Homesale Realty- Reading Berks

Investment Insights

Based on property information with market context.

Located at 27 Johns Place in Mohnton Borough, this 1,400-square-foot Tudor-style duplex was built in 1940 and is arranged across two residential levels. Each level includes a bedroom, bathroom, kitchen, and living room, with separate entrances supporting independent use. Dedicated electric panels, heating systems, central air, and laundry facilities serve the two units.

Original hardwood floors and period architectural details complement the home’s exterior character. Outdoor space includes a patio and balcony. Recent work includes roof replacement along with a new second-floor tub and water lines. The property may continue as a duplex or accommodate private multigenerational living, subject to applicable requirements. A one-year Cinch Warranty is included for the buyer.

Key Highlights

  • Two‑level duplex with 1,400 SF of living area
  • Each unit has a bedroom, bath, kitchen, and living room
  • Separate entrances, electric panels, heating systems, central air, and laundry

Financial Insights

Estimated NOI and Cap Rate

NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$13,802
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
4.60%
Suggested Prices Based on Cap Rates Cap rates vary significantly by property type, market, and asset quality. Typical U.S. stable-market ranges: Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+) Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand) Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically) Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher) Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk) Self-Storage — 5.5% to 7.5% Medical Office — 6.0% to 7.5% Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term Rules of thumb: Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%). Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C. Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI. Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$276,040 $276.0K
Cap Rate 7%
$197,171 $197.2K
Cap Rate 9%
$153,356 $153.4K
Market Conditions
NOI Build-Up for 1,400 SF Vacancy — income lost from leasable area expected to sit empty during the year, subtracted from gross rent. EGI (Effective Gross Income) — gross rent minus vacancy losses, the realistic income before paying operating costs. OpEx (Operating Expenses) — recurring costs to operate the property (property tax, insurance, utilities, maintenance, management); excludes financing and capital improvements. NOI (Net Operating Income) — income a property generates after operating costs but before financing and taxes.
Gross rent
$20.5K $14.64/SF
− Vacancy
−$779 −$0.56/SF
EGI
$19.7K $14.08/SF
− OpEx
−$5.9K −$4.23/SF
NOI
$13.8K $9.86/SF
Area
Berks County, PA
Vacancy
3.80%
Lease Rate
$14.64 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates Cap rates vary significantly by property type, market, and asset quality. Typical U.S. stable-market ranges: Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+) Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand) Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically) Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher) Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk) Self-Storage — 5.5% to 7.5% Medical Office — 6.0% to 7.5% Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term Rules of thumb: Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%). Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C. Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI. Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$276,040
Cap Rate 7%
$197,171
Cap Rate 9%
$153,356

Alternative Uses

Best Use
Multifamily LT 5
$197.2K
$172.5K – $230.0K (±1% cap)
NOI $13,802 @ 7.0% cap · market cap 4.60%
Second Best
Apartment 5plus
$172.3K
$150.8K – $201.1K (±1% cap)
NOI $12,064 @ 7.0% cap · market cap 4.02%
Theoretical Best
Office A
$229.8K
$201.1K – $268.1K (±1% cap)
NOI $16,088 @ 7.0% cap · market cap 5.36%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Law Firm Building Supply Parking Lot & Garage HVAC Service Spa & Massage Center Hair Salon

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

2
Residential units

Location Intelligence

Trade Area within ½ mile

175
Businesses Nearby

Demographics for 19540, PA

11,861
Population
4,515
Households
2.6
Avg Household Size
46
Median Age
32%
College-Educated
93%
High-School Grad
35.2 sq mi
ZIP Area
337
Density / Sq Mi
$96,066
Median Household Income
$49,889
Median Earnings
$999
Median Rent
$290,500
Median Home Value

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Duplex - Two separate living levels each provide a kitchen, bedroom, bathroom, living room, and laundry for flexible occupancy.
Where is this duplex located?
The property is located at 27 JOHNS PLACE Mohnton, PA.
What is the asking price?
The asking price for this property is $300,000.
What are key features of this property?
This property features: Two‑level duplex with 1,400 SF of living area; Each unit has a bedroom, bath, kitchen, and living room; Separate entrances, electric panels, heating systems, central air, and laundry
More about this property
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