Johnstown, PA Home for Sale: MLS #96036722

johnstown, PA Multi Family Home Listed Under $40,000: A Real Estate Bargain?

Johnstown, PA – A Multifamily home located at 717-719 Messenger Street in Johnstown, Pennsylvania, has recently been listed for the incredibly low price of $39,900. The property, boasting six beds and two baths within its 2,048 square feet, presents a seemingly unbeatable opportunity for savvy real estate investors. But does the extremely low price reflect hidden challenges?

Property Overview: A Detailed Look

The multi family property includes six bedrooms and two bathrooms, offering ample space. At 2,048 square feet, the building could be transformed into a ample rental income or a cooperative living arrangement. Located on Messenger Street, the location provides accessibility to local amenities.

A Closer Inspection Of The Real Estate Listing

The real estate listing showcases 28 photos, allowing potential buyers to assess the property’s condition. While pictures can highlight potential, a physical inspection is always recommended.

Property Details

Attribute	Value
Address	717-719 Messenger St,Johnstown,PA 15902
Price	$39,900
Bedrooms	6
Bathrooms	2
Square Footage	2,048

Potential Challenges and Opportunities In Real Estate Investment

While the price might seem like a steal,prospective buyers should proceed with caution. Properties listed significantly below market value often require substantial repairs or renovations. Thorough due diligence is essential, including a professional property inspection to identify potential issues, such as structural damage, plumbing problems, or code violations.

However, for investors prepared to tackle necessary repairs, this Johnstown real estate offering could represent a meaningful opportunity. The potential for rental income from a six-bedroom property could generate attractive returns after renovations.

Did You Know? According to the National association of Realtors, homes renovated before resale typically see a 20-30% increase in value.

Johnstown Market Insights

Understanding the local market is crucial. Johnstown,Pennsylvania,has faced economic challenges in the past,which may impact property values and rental demand. However, revitalization efforts and community advancement initiatives could contribute to future growth. Researching local demographics, employment rates, and future development plans will help determine the potential investment viability.

Before making an offer, consult with local real estate experts, including agents, property managers, and contractors, to get a clear understanding of the specific challenges and opportunities in Johnstown’s housing market.

Pro Tip: Look into local government programs aimed at incentivizing property renovation in specific areas. Such incentives could significantly reduce the financial burden of repairs and improve the long-term profitability of the investment.

Is this a smart investment, or a project riddled with potential problems? What would be your first step if you were seriously considering investing in this property?

Evergreen Insights: Due Diligence In Real Estate

Investing in real estate requires careful research and planning. Always inspect the property thoroughly,research the local market conditions,and consult with professionals before making a final decision. Remember, an informed decision is the best defense against potential pitfalls.

Additionally, consider obtaining title insurance to protect against any unforeseen claims or ownership disputes. Reviewing the property’s title history will help identify potential issues before closing the deal.

Frequently Asked Questions About Multi Family Home Investment

What are your thoughts on this potential real estate investment? Share your insights and questions in the comments below!

What is the average home price in Johnstown, PA, and how does it compare to surrounding areas?

Johnstown, PA Home for Sale: MLS #96036722 – Your Perfect Johnstown Property Awaits!

Are you searching for a Johnstown, PA home for sale? Look no further! This article provides a detailed look at a specific property, MLS #96036722, helping you understand if itS the right fit and offering valuable insights into the Johnstown real estate market.

Property Overview: MLS #96036722

Understanding the key features of a property is crucial when browsing homes for sale. While specific details can vary, let’s consider commonly sought-after aspects and show what this hypothetical property may has to offer potential homebuyers.

Key Features – Assuming Ideal Scenarios

To give you a thorough understanding, we’ll assume certain features are present. Remember to always consult the official listing for confirmed details.

• Type: Single-family home
• Bedrooms: 3
• Bathrooms: 2
• square Footage: 1,500 sq ft (+/-)
• Lot Size: 0.25 acres (+/-)
• built: 1970s (hypothetical year)
• Garage: 2-car attached garage

Potential Property Amenities to Consider

Further hypothetical amenities may include:

• Updated kitchen with stainless steel appliances
• hardwood or updated flooring through-out the house
• Landscaped backyard with a deck or patio
• Finished basement

johnstown PA Neighborhood Insights: Location, Location, Location!

The location of a home significantly influences its value and your overall living experience.

To give context, we’ll broadly assume a good location.You’ll want to look for these traits in the official listing details:

• Proximity to Amenities: The property coudl be close to essential amenities like grocery stores (Giant Eagle, walmart), restaurants, and pharmacies.
• School District: Consider which public school district your children may be in.
• Parks and Recreation: Nearby parks add an additional recreational activity for children.

Local Schools and Education

The quality of local schools is frequently enough a top priority for families. Considering the hypothetical scenario, look at schools within the Greater Johnstown School District:

School	Level	Notes (Hypothetical)
Westmont Hilltop high School	High School	Known well for good academic rating
Forest Hills High School	High School	another well liked school in the area
Johnstown Christian school	Private School	A private options in the Johnstown, PA area

The Johnstown, PA area offers a diverse educational landscape, allowing you to choose the ideal fit for your children’s educational needs.

Why Choose Johnstown, PA? benefits and Considerations

Investing in real estate is a significant decision, and understanding the benefits and considerations of living in Johnstown, PA, is paramount:

• Affordability: Johnstown generally offers a more affordable cost of living compared to larger metropolitan areas.

• Community Feel: johnstown is known for its amiable and tight-knit community.

• Outdoor Recreation: The surrounding area offers plenty of opportunities for outdoor activities, including hiking, fishing, and camping.

• Employment: The city and surrounding areas support various industries,including healthcare,education and manufacturing. (Always research current employment opportunities and average salaries)

• Considerations: Always keep in mind local tax implications and community infrastructure prior to any purchase.

Real Estate Market Trends in Johnstown

Understanding current market trends is vital for making informed decisions. While specific statistics change constantly, here’s what to consider when looking at Johnstown real estate:

• Inventory levels
• Median Home Prices
• Average days on the market

You can consult Zillow, Redfin, Realtor.com, and local real estate agents for the most up-to-date insights into the Johnstown real estate market.