1363 Frankstown Road, Conemaugh Twp, PA 15902
1363 Frankstown Road, Conemaugh Twp, PA 15902
1363 Frankstown Road, Conemaugh Twp, PA 15902
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Listed by HOWARD HANNA BARDELL REALTY
$374,900
Est. payment /mo
0.72 Acres Lot
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Key Details

Property Type Multi-Family

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

MLS Listing ID 1779243

HOA Y/N No

Year Built 1972

Annual Tax Amount $3,462

Lot Size 0.720 Acres

Acres 0.72

Property Sub-Type Multi Family

Property Description

A rare opportunity in the Johnstown investment market! This property offers an exceptional combination of extensive recent renovations, strong existing rental income, and significant additional income potential. Situated on a spacious 0.72 acre lot, the property features an impressive three-story brick building housing four apartments and a separate cottage serving as the fifth unit. The entire property has undergone extensive renovations within the past five years, including updated kitchens, bathrooms, flooring, and new appliances. A new roof in 2020 adds to the substantial capital improvements made to the property. Three units are currently leased, generating $3,550 per month, with two vacant units offering the potential for an additional $2,000+ in monthly rental income. At full occupancy, gross rental income exceeds $65,000 annually! Situated along Frankstown Road just minutes from downtown Johnstown and Richland Township, this property offers convenient access to both areas. An excellent addition to an established portfolio or an attractive opportunity for a first-time investor!

Location

State PA

County Somerset/cambria

Area Conemaugh Twp - Cam

Zoning C

Interior

Interior Features InteriorFeatures

Fireplace No

Exterior

Parking Features Common, Off Street

Utilities Available Electricity Available, Natural Gas Available, Sewer Available, Water Available

Building

Structure Type Brick,Vinyl Siding

Schools

School District Conemaugh Valley

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West Penn MLS (WPMLS)

Nearby School & Business

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Caren Foy Group

Caren Foy Group

+1(724) 944-6655

Agent RSRS220664L

Agent RSRS220664L

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