80 E Main St Johnstown, NY 12095
Estimated payment $1,188/month
About This Home
Investment Opportunity: Immediate Cash Flow & Future Growth This fully occupied 2 family property delivers strong, stable returns with $1,950/month ($23,400/year) in rental income. Tenants are long term, and rents are below market providing a clear path for immediate appreciation. Tenants cover electric, lawn care, and snow removal, keeping your operating costs low. Seller pays the heat. Each unit features 2 bedrooms, oversized living rooms and updated eat-in kitchens with modern finishes. New windows and insulation ensure energy efficiency and low utility costs. Off street parking. Located in a prime location near shops, restaurants and amenities make this property highly desirable. The exterior may need some freshening up but the inside is turnkey with no immediate work required. This property offers strong yield, built-in stability and significant upside potential perfect for an investor looking for immediate income and long-term growth. Don't miss this opportunity for a smart investment with proven cash flow and room to increase value.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $3,200
Year Built
- Built in 1900
Lot Details
- 4,356 Sq Ft Lot
Interior Spaces
- 2,715 Sq Ft Home
- 2-Story Property
Bedrooms and Bathrooms
- 4 Bedrooms
- 2 Full Bathrooms
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $3,222 | $70,000 | $7,500 | $62,500 |
| 2024 | $2,086 | $70,000 | $7,500 | $62,500 |
| 2023 | $1,896 | $70,000 | $7,500 | $62,500 |
| 2022 | $1,952 | $70,000 | $7,500 | $62,500 |
| 2021 | $1,878 | $70,000 | $7,500 | $62,500 |
| 2020 | $1,904 | $70,000 | $7,500 | $62,500 |
| 2019 | $2,402 | $70,000 | $7,500 | $62,500 |
| 2018 | $2,596 | $70,000 | $7,500 | $62,500 |
| 2017 | $1,630 | $70,000 | $7,500 | $62,500 |
| 2016 | $1,598 | $70,000 | $7,500 | $62,500 |
| 2015 | -- | $70,000 | $7,500 | $62,500 |
| 2014 | -- | $32,000 | $8,400 | $23,600 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 02/19/2026 02/19/26 | For Sale | $175,000 | -- | $64 / Sq Ft |
Source: NY State MLS
MLS Number: 11659555
APN: 170800-174-008-0008-003-000-0000
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