The Flip Potential of
186 Sell St Johnstown, PA 15905 is low.

This Johnstown 8th Ward multi‑family is about 4.1K sqft with 7 beds/3 baths and a double in front plus a vacant rear house. Rents are very low at $1,050/month total, but separate utilities and public sewer/water are big positives. Nearby single‑family values mostly sit in the $60K–100K range, and area multifamily comps suggest around mid‑60s per sqft in better condition, though those are typically nicer properties and take 6–9 months to sell, so we can’t assume top-of-market pricing here. Given the long time since it last listed and the price history around $20K–35K, this is more of a deep-value, cash‑flow play than a pretty retail flip. Flood risk is severe and the rear house is vacant, which likely means notable repair and insurance costs. The flip upside exists if you buy very cheap and clean up both structures, but exit pricing is capped by a modest local buyer pool and long days on market.

If you’re an investor buyer, I’d underwrite this as a BRRRR or long‑term hold: raise existing rents (they’re way below market), renovate the rear house into another rentable unit, and only then consider a sale once income is stabilized. Focus updates on mechanicals, safety, exterior curb appeal, and basic interior refreshes rather than high‑end finishes—this neighborhood doesn’t reward luxury. If you’re the current owner thinking of selling, don’t over‑improve. Tidy the exterior, address obvious code issues, get the vacant house broom‑clean or lightly rent‑ready, and organize rent rolls and utility bills. Then market it as a cash‑flow package to local investors at a realistic price based on income, not just square footage, so you attract serious buyers quickly and avoid sitting on the market.