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Priced at $59,900, this multifamily property at 534-536 Highland Ave in Johnstown, PA, presents a clear acquisition prospect for investors. The asset consists of two apartment units, providing a straightforward residential rental structure in a well-established urban environment. Johnstown serves as a primary hub in Cambria County, benefitting from a steady regional economy and consistent demand for affordable rental housing options. This apartment building is suited for investors looking to expand their portfolio in a stable Pennsylvania market. The configuration of the units allows for simplified management and potential cash flow generation. Its positioning within the city offers proximity to local infrastructure and residential amenities, supporting long-term tenant retention. This property functions as a functional addition to an existing residential holdings strategy or a starting point for an entry-level investor focusing on multifamily assets in the region.
Run the numbers on this deal. All calculations are estimates — verify with your lender and accountant.