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$65,000 / 4br - 2500ft2 - Spacious Duplex in Johnstown, NY – Owner Financing Available, High ARV (Johnstown)

Unlock the potential of this expansive duplex in Johnstown, NY, currently configured as a single-family home but easily convertible back to a two-family residence. This property is vacant and ready for renovation, featuring a newer heating system that promises comfort through all seasons. Each floor offers 2 bedrooms, providing ample space for a family or for generating rental income.

With an asking price of $65,000 and an After Repair Value (ARV) of over $240,000, this duplex represents a significant investment opportunity, ideal for those looking to use the BRRRR method (Buy, Rehab, Rent, Refinance, Repeat). The property includes off-street parking, enhancing its appeal in a residential neighborhood.

Owner financing may be available for qualified buyers able to commit to a 50% down payment, providing a flexible path to ownership. This option is perfect for investors looking for leverage without traditional financing hurdles.

Terms of Sale:

Sold AS IS.
Assignment of Contract.
10% due at signing with assignment contract.
Cash only sale.
This is a remarkable opportunity to invest in a property with substantial upside potential. Whether you’re looking to convert it back into a duplex to maximize rental income or to flip it for a profit, this property is poised to deliver significant returns. Act now to take advantage of this unique investment opportunity with favorable terms!

post id: 7743191376

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