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Johnstown Multifamily Investment Opportunity

724 Broad Street Johnstown, PA 15906

724 Broad Street, Johnstown, PA, 15906
$79,900
Pending
For Sale
$79,900
Pending

COMMERCIAL - Johnstown, PA

Lot Size4.00 Acres
Days on Market61

Property Features for 724 Broad Street

General Information

Property type
Commercial Sale
Property subtype
Other
Zoning
Manufacturing
Standard status
Pending
APN
86-005. -300.000
Lot size
4.00 Acres

Taxes and HOA fees

Tax Year
2026
Tax Description
2025-921
Tax Annual Amount
1087

Building Details

Floors in Building
2
Listing Agency RE/MAX TEAM, REALTORS
2225 Ruth Way @ The Roundabout in the Young American Building, Johnstown, PA
Listed by Bob & Bobby Colvin
Added: May 19 Checked: Jul 18 at 3:06 am
MLS# 96041641

Copyright © 2026 Cambria Somerset Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.


Investment Insights

Based on property information with market context.

This vinyl-sided property, located in the 16th Ward of Johnstown, Pennsylvania, presents a great investment opportunity. It features a 1-bedroom, 1-bath studio apartment that is currently rented for $550 per month, plus electric. The second unit includes 4 bedrooms, a full bath, and finished bonus rooms in the walk-up attic, and is currently vacant. The seller is responsible for gas, water, sewer, and garbage expenses. The property has one gas meter and one water meter, along with two new electric meters and two new hot water heaters. Additional features include a fenced rear yard, a covered rear patio, and a rear shed. The property is conveniently located near transportation, restaurants, shopping, medical facilities, hospitals, and the cultural, entertainment, and recreational activities available in historic Cambria City. The lot size is 4 acres.

Key Highlights

  • Investment opportunity: Enjoy existing rental income from a 1‑bedroom studio apartment, currently at $550/month plus electric.
  • Second unit boasts 4 bedrooms and finished bonus rooms in the walk‑up attic, offering potential for increased rental income or owner occupancy.
  • Benefit from new electric meters and hot water heaters for both units.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Multifamily properties

Suggested Use

Real Estate Agency Law Firm Spa & Massage Center Hair Salon Pharmacy Nail Salon Skin Care Clinic Parking Lot & Garage Restaurant Grocery & Convenience Store

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Multifamily property - Multifamily property with income potential in Johnstown, Pennsylvania.
Where is this multifamily property located?
The property is located at 724 Broad Street Johnstown, PA.
What is the asking price?
The asking price for this property is $79,900.
What are key features of this property?
This property features: Investment opportunity: Enjoy existing rental income from a 1‑bedroom studio apartment, currently at $550/month plus electric.; Second unit boasts 4 bedrooms and finished bonus rooms in the walk‑up attic, offering potential for increased rental income or owner occupancy.; Benefit from new electric meters and hot water heaters for both units.
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