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Listed price in listed location currency (USD).
$51,500

650

MLS® 96041847

  • Key Facts
  • Description
  • Map

Key Facts

Type Multi Family
Levels Residential Income
Size 2700 sqft
Garage 
Taxes $2,214
Days Active 0
Lot Size 0.1102 Acres
Approx. Age 
Avg. Price Per Sqft $19
MLS® Number 96041847

Property Address: 421-423 Forest Avenue, Johnstown, PA, 15902

Average square foot calculated using Size range provided by listing agent.

Description

Sold AS IS and has great potential for rental income Email [email protected] to get a list of all renovations made by seller. Sewer needs completed. 4-unit apartment building with new steps for new steps leading up to the second level. Each apartment has a sperate bedroom and eat-in kitchen/dining room and living room. Unit 4 is 70% complete. All new plumbing, new bathtub, new vanity, new toilet, and flooring. The apartment is wired with new electric panel and circuit breakers, boxes, and outlets. Original built in cabinets in the kitchen and the kitchen just needs a 36” base cabinet and sink. The remaining three apartments need new bathtubs, vanity, toilet, and flooring. The other 3 apartments need a 36” base cabinet and sink. The single-family home has a large covered front porch and needs new kitchen base cabinet/sink, and bathroom vanity, bathtub, and toilet. We are converting the heat in all the apartments to electric. This apartment is the template for all of the apartments. Licensed electrician who gave estimates for rewiring each apartment including the cost of electrical radiators. The other 3 apartments will cost $5000 each to rewire, and the single-family home is also $5000 to rewire. Three of the four apartments have new upgraded electric panels with breakers. All 4 apartments have a large, covered porch. The single-family home has upgraded electric panel and circuit breakers. All of the electric has been inspected and approved. The potential monthly rental income for both buildings is $3500-$3800 The after-repair value is between $175, 000 and $185, 000. Both buildings have basements that are completely dry with no water damage. The 4-unit apartment building has a basement that is large enough to add 2 more 1-bedroom apartments
MLS® Number96041847
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
Garage
Approx. Age
Basement
Driveway
Garage Spaces
HeatOther
A/CNone

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Jun 15, 2026List Date
$51,500List Price
  • Commute

Commute

Starting Address
Destination Address
421-423 Forest Avenue, Johnstown, PA

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