A unique real estate opportunity has just opened up at 552–554 Highland Avenue in Johnstown — and it could be an ideal setup for a first-time homebuyer looking to step into property ownership while offsetting mortgage costs.
Mark from Redwood Prime Realty recently highlighted the duplex property, explaining how buyers could benefit from both homeownership and rental income at the same time.
One side of the duplex, 554 Highland Avenue, is already occupied by a tenant, while the other side is currently available. That setup creates an opportunity for a buyer to live in one unit while collecting rental income from the other — a strategy many investors and homeowners use to make homeownership more affordable.
For first-time buyers especially, this type of property can provide a significant advantage. Rental income from the occupied unit could potentially help cover a large portion of the monthly mortgage payment, reducing overall housing costs while simultaneously building equity in the property.
House hacking — the concept of living in one unit of a multifamily property while renting out the other — has become an increasingly popular path into real estate ownership because it combines personal housing with investment potential.
The property is expected to be listed on the MLS, and additional video tours are being made available for prospective buyers and renters interested in learning more about the space.
For anyone considering buying their first property, generating passive income, or exploring creative paths into real estate ownership, this duplex presents a compelling opportunity in the Johnstown market.
