OfferMarket

714-714 1-2 Somerset St Johnstown, PA 15901, USA

$19,900

Drag 'n' drop pictures here, or click to select from computer

Picture of undefined, number 0
Picture of undefined, number 1
Picture of undefined, number 2
Picture of undefined, number 3
Picture of undefined, number 4
Picture of undefined, number 5
Picture of undefined, number 6
Picture of undefined, number 7
Picture of undefined, number 8
Picture of undefined, number 9
Picture of undefined, number 10
Picture of undefined, number 11
Picture of undefined, number 12
Picture of undefined, number 13
Picture of undefined, number 14
Picture of undefined, number 15
Picture of undefined, number 16
Picture of undefined, number 17
Picture of undefined, number 18
Picture of undefined, number 19

Photos of the property

OFFERMARKET EXCLUSIVE

This 3 unit multi-family house in the heart of Johnstown, PA is a cash flow Section 8 play. Owner has partially rehabbed, needs sheetrock and cosmetic finishings. Will make for a cash flowing rental investment property. See investor notes section below for cash flow and cash-on-cash return estimates. Section 8 Housing Assistance Program is available through Johnstown Housing Authority. A quick conversation with a Section 8 housing coordinator made it clear "we are always in need of quality housing, there is a shortage in Johnstown. If these units were made available to the program, they would fill quickly."

Johnstown Housing Authority Section 8 Rates (2021):

  • 1 BR $572 per month (utilities included)
  • 2 BR $724 per month (utilities included)
  • 3 BR $923 per month (utilities included)