218 E 2nd ST #212-218 Jamestown, NY 14701
21 Beds
25,404 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Other
Listing Status Active
Purchase Type For Sale
Square Footage 25,404 sqft
Price per Sqft $21
Subdivision A F Allen Brown
MLS Listing ID R1598521
Bedrooms 21
Construction Status Existing
HOA Y/N No
Year Built 1910
Annual Tax Amount $13,753
Lot Size 10,319 Sqft
Acres 0.2369
Lot Dimensions 86X120
Property Sub-Type Other
Property Description
This is an excellent investment for a savvy buyer seeking scale with the convenience of one centralized location. The property is operating smoothly with many improvements already completed. Current rent roll exceeds $13,000/month and continues to grow, offering immediate income with upside potential.
There's still room to increase value—implement strategic improvements to drive rents higher over time. The potential here is significant.
Established property management has a strong relationship with tenants and is willing to remain in place, providing a seamless transition for the next owner.
Location
State NY
County Chautauqua
Community A F Allen Brown
Area Jamestown-City-060800
Rooms
Basement Full
Interior
Heating Electric, Gas, Baseboard, Space Heater
Flooring Carpet, Hardwood, Laminate, Varies
Fireplace No
Appliance Electric Oven, Electric Range, Gas Oven, Gas Range, Gas Water Heater, Refrigerator
Exterior
Community Features None
Utilities Available Sewer Connected, Water Connected
Roof Type Flat,Membrane,Rubber
Garage No
Building
Lot Description Rectangular, Rectangular Lot
Story 3
Sewer Connected
Water Connected, Public
Structure Type Brick
Construction Status Existing
Schools
Elementary Schools Samuel G Love Elementary
Middle Schools Washington Middle
High Schools Jamestown High
School District Jamestown
Others
Senior Community No
Tax ID 060800-387-041-0003-010-000
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Special Listing Condition Standard
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