Prime Investment Opportunity: Renovation-Ready Duplex in Johnstown’s 8th Ward

Priced at just $29,000, the duplex located at 1169–1169.5 Milford Street, Johnstown, PA 15905 represents an exceptional opportunity for contractors, real estate investors, and skilled handymen looking to unlock value through renovation.

With strong structural potential, generous living space, and a convenient city location, this property is a blank canvas waiting for the right vision and craftsmanship.

A Large Duplex with Strong Fundamentals

This large duplex is situated in the City of Johnstown’s 8th Ward, an established neighborhood with access to key amenities and services. The property consists of two separate residential units, each offering three bedrooms and one bathroom, for a total of six bedrooms and two bathrooms across the building.

This configuration is ideal for rental income, multi-generational living, or a live-in renovation strategy where an owner occupies one unit while renovating the other.

Each unit is generously sized, providing ample square footage that supports flexible floor plans, modern layouts, and comfortable living spaces once renovations are complete. Large duplexes with this bedroom count are increasingly sought after in rental markets, as they appeal to families, roommates, and long-term tenants seeking affordability and space.

Renovation-Ready with Major Work Already Started

One of the standout features of this property is that Unit 1169.5 has already been taken down to the studs, significantly reducing demolition labor and giving renovators a head start.

This allows contractors and investors to design the interior from the ground up—upgrading electrical systems, plumbing, insulation, and finishes according to modern standards and personal preferences.

For experienced renovators, a down-to-the-studs unit provides complete control over layout optimization, energy efficiency improvements, and long-term durability. Whether the goal is a budget-conscious rental renovation or a higher-end finish to maximize returns, this unit offers a rare opportunity to build it right the first time.

The second unit, 1169, offers additional potential and can be renovated simultaneously or in phases, allowing investors to manage costs and timelines more effectively.

Separate Utilities and Functional Layout

The duplex features separate utilities, an important consideration for rental properties. Separate utilities simplify tenant management, reduce disputes, and allow for clearer operating expenses—an attractive feature for both landlords and property managers.

The property also includes large covered porches, which add curb appeal and provide outdoor living space for tenants. Covered porches are highly valued in residential rentals, offering a place to relax while enhancing the overall character of the home.

Parking and Accessibility

Parking is available on the street, with uncovered spaces accessible nearby. In a city setting like Johnstown, on-street parking is common and functional, especially in neighborhoods with established residential infrastructure.

The property’s location offers convenient access to transportation routes, making commuting and travel around the city straightforward for residents.

Convenient Location Near Essential Amenities

Location is a key factor in any real estate investment, and this Milford Street duplex delivers strong proximity to everyday necessities and major employers. The property is conveniently located near:

Hospital and medical facilities

Shopping centers and grocery stores

Restaurants and dining options

Recreation and entertainment venues

Public transportation

This accessibility enhances the property’s rental appeal and long-term desirability. Tenants value convenience, and properties located near healthcare, employment centers, and entertainment tend to experience steadier demand.

Ideal for Investors, Contractors, and Handymen

This property is clearly positioned as a value-add investment. It is not a turnkey home, but rather a strategic acquisition for buyers who understand renovation economics and long-term upside. The low purchase price leaves room in the budget for meaningful improvements while still maintaining the potential for strong returns.

Possible investment strategies include:

Fix-and-hold: Renovate both units and rent them for long-term cash flow.

House hacking: Live in one unit while renovating and renting the other.

Fix-and-flip: Renovate and resell as a fully updated duplex.

Affordable housing rental: Target workforce tenants seeking larger living spaces at competitive rents.

With six bedrooms total, the income potential—once renovated—can be significant relative to the acquisition cost.

A Property Full of Potential

At $29,000, opportunities like this are becoming increasingly rare. The combination of a large duplex footprint, separate utilities, a renovation-ready unit, and a convenient Johnstown location makes this property a compelling option for buyers ready to roll up their sleeves.

The seller invites interested parties to get their tool belt ready and take the next step by requesting the Tour Packet and scheduling a personal tour. Seeing the property firsthand allows investors and contractors to fully appreciate its scope, layout, and renovation possibilities.

Final Thoughts

The duplex at 1169–1169.5 Milford Street is more than just a property—it’s an opportunity to create value through vision and workmanship. Whether you’re an experienced investor, a contractor looking for your next project, or a handyman seeking a rewarding renovation, this Johnstown duplex offers the space, structure, and price point to make your efforts worthwhile.

With strong fundamentals, a flexible layout, and a location close to essential amenities, this property is poised for transformation. For those willing to invest the time and expertise, the potential rewards are substantial.

FROM ZILLOW

Facebook Comments Box