Two-Unit Residential Income
114 Clarion St Johnstown, PA 15905
For Sale
Contact for pricing
Nicely maintained duplex with two vacant units, separate meters for utilities, and a two-car garage with off-street parking.
Property Size2,475 SF
Price / SF$68.65
Days on Market94
Property Features for 114 Clarion St
General Information
- Standard status
- Active
- Size
- 2,475 SF
- Property subtype
- Multifamily
Listing Agency:
RE/MAX Team Realtors
Listed By:
Bobby Colvin · License #PA
Source:
Crexi
Added: Apr 22
Changed: Jul 21
Last Checked: Jul 23 at 11:27AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of RE/MAX Team Realtors
Investment Insights
Based on property information with market context.
This nicely maintained two-unit duplex offers a main floor and a second floor unit with independent living spaces. The main floor features a living room with laminate flooring and an ornamental fireplace, a separate dining room with French doors, and a kitchen with ample cabinet space, appliances, and laminate flooring. It also includes two bedrooms with hardwood floors, an updated full bath, and in-unit laundry area in the basement with a washer and dryer, along with storage. The second floor unit includes a living room and dining room with hardwood floors, a kitchen with ceramic tile and appliances, a laundry area with washer and dryer, and three bedrooms served by a full bath and a 3/4 bath.
Both units are currently vacant. Utilities are partially separated with one gas meter, two electric meters, and two water meters. Additional features include a covered front porch, a rear deck, and a two-car garage plus off-street parking.
The property is positioned as an income-producing residential asset in Westmont Boro, offered for sale.
Both units are currently vacant. Utilities are partially separated with one gas meter, two electric meters, and two water meters. Additional features include a covered front porch, a rear deck, and a two-car garage plus off-street parking.
The property is positioned as an income-producing residential asset in Westmont Boro, offered for sale.
Key Highlights
- Nicely maintained 2‑unit duplex in Westmont Boro with both units currently vacant
- Main‑floor unit: living room with laminate floor and ornamental fireplace, separate dining room with French doors, and kitchen with ample cabinets and appliances
- Main‑floor unit includes 2 bedrooms with hardwood floors and an updated full bath
Financial Insights For Apartment 5plus
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $29.7k | $12.00 |
| − Vacancy | −$2.1k | −$0.84 |
| EGI | $27.6k | $11.16 |
| − OpEx | −$12.4k | −$5.02 |
| NOI | $15.2k | $6.14 |
2,475 SF · lease $12.00/SF/yr · vacancy 7.00% · expense 45.00%
Alternative Uses
Best Use
Multifamily LT 5
$233.5K
$204.3K – $272.4K
NOI $16,346 @ 7.0% cap · market cap 9.62%
Second Best
Apartment 5plus
$217.0K
$189.9K – $253.2K
NOI $15,192 @ 7.0% cap · market cap 8.94%
Theoretical Best
Office A
$746.7K
$653.4K – $871.2K
NOI $52,272 @ 7.0% cap · market cap 30.77%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Duplexes
FAQs
What type of property is this?
Duplex - Nicely maintained duplex with two vacant units, separate meters for utilities, and a two-car garage with off-street parking.
Where is this duplex located?
The property is located at 114 Clarion St Johnstown, PA.
What is the asking price?
The asking price for this property is $169,900.
What are key features of this property?
This property features: Nicely maintained 2‑unit duplex in Westmont Boro with both units currently vacant; Main‑floor unit: living room with laminate floor and ornamental fireplace, separate dining room with French doors, and kitchen with ample cabinets and appliances; Main‑floor unit includes 2 bedrooms with hardwood floors and an updated full bath
