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Old 06-12-2017, 06:57 AM
 
67 posts, read 61,814 times
Reputation: 27

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Hey guys, been look at the johnson city area to possibly buy a home to use a rental for college students. Looking for any input as to

- Is Johnson city already heavily rented out?
- Neighborhoods to avoid?
- Common issues with home ownership in this area?
- Typical pricing for unit rentals?


Thanks alot!
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Old 06-12-2017, 08:31 AM
 
93,164 posts, read 123,783,345 times
Reputation: 18253
Outside of "Central" JC(roughly south of Main to just north of Floral or so), you should be pretty good. Perhaps something around Harry L Drive near the Mall/Wegmans/Calvary Cemetary(essentially northern JC) may be an area to look into.
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Old 06-12-2017, 08:48 PM
PFM
 
Location: Endicott, NY
181 posts, read 221,264 times
Reputation: 416
I'd keep an eye on the area around Wilson Hospital down to Grand Ave - BU is building a new Pharmacy school near the hospital and will be renovating an old factory across the street for their Nursing school. Two of the old Endicott-Johnson factory buildings next to the railroad tracks on Baldwin are being renovated now, for housing if I remember correctly. The removal of the old factory windows alone has improved the look of the area 1000%.
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Old 06-13-2017, 10:07 AM
 
67 posts, read 61,814 times
Reputation: 27
That new pharm school is who id like to target for rentals but if the area is already saturated with rental properties id reconsider
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Old 06-13-2017, 03:20 PM
PFM
 
Location: Endicott, NY
181 posts, read 221,264 times
Reputation: 416
Just some general info for you on the area - Johnson City NY Housing data and real estate research
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