Based on current leases ($550 and $500) and neighborhood comps, this multi-family property at 186 Sell St, Johnstown, PA, offers a monthly rent potential between $1,390 and $1,600. With 8 beds and 2 baths across 4,068 sqft, projected annual gross revenue ranges from $16.7K to $19.2K. Market conditions in Johnstown are warm, with rents rising 5–7% recently and average rents for multi-family units landing between $850 and $900. The location’s rental demand is steady, but flood zone risk and aging infrastructure may impact appeal slightly. Off-street parking and separate utilities add value.
To boost rental income, consider modest upgrades to curb appeal, common areas, and unit interiors—think fresh paint, updated flooring, and modernized kitchens or baths where feasible. If selling, highlight the fully leased status and stable rental history, but be transparent about flood risks and the need for ongoing maintenance. Investors should analyze insurance costs and target tenants seeking affordable multi-bedroom options. Raising rents to match current market averages could also be viable with light renovation.