Back to Search
Turnkey 3-Unit Residential Property

18 Linwood Avenue Jamestown, NY 14701

Claim this Listing
For Sale
$155,000

MULTI_FAMILY - Jamestown, NY

Property size:
1,664 SF
Lot size:
0.13 Acres
Price / SF:
$93.15/SF
Added:
Jun 11, 2026
Days on Market:
34
Last Refresh:
Jul 14 at 2:06 am

Property Features for 18 Linwood Avenue

General Information

Property type
Residential Multi Family
Property subtype
Other
Bedrooms
3
Bathrooms
3
Rooms
Bathroom 2, Bathroom 3, Bedroom 1, Bedroom 2, Basement, Bathroom 1, Bedroom 3
Interior features
Attic
Appliances
GasWaterHeater
Standard status
Active
APN
060800-387-019-0009-007-000
Size
1,664 SF
Lot size
0.13 Acres

Taxes and HOA fees

Tax Annual Amount
2140

Utilities

Heating system
Natural Gas, Forced Air, Baseboard, Electric (Heating)
Water source
Public

Building Details

Year built
1899
Floors in Building
2
Number of units
3
Flooring type
Varies, Vinyl, Carpet
Building materials
WoodSiding

Listing agent Taylor Bennett License #10401246823

Listing office Keller Williams Realty 385 E Fairmount Ave, Elma, NY

Listing date Jun 11, 2026

MLS# R1687164 Listing URL

Copyright © 2026 New York State Alliance of MLSs, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.


Investment Insights

Based on property information with market context.

This turnkey three-unit residential property is situated on a large lot and includes ample off-street parking. The home has been well maintained with recent updates. On the first floor, new doors have been installed, and new windows are scheduled to be installed next week. The second floor has new doors and windows installed in 2025. The third (top) unit is currently rented.

The property is located on the south side of Jamestown and is within walking distance to Foote Avenue stores and restaurants, as well as Allen Park. The surrounding area includes everyday neighborhood amenities that support convenient tenant access.

For tenants, the unit mix and ongoing updates support straightforward occupancy. For an owner-occupant, the building offers the option to live in one unit while others are rented, since the second-floor unit is currently vacant. Property management is currently in place for a smoother transition if an investor is looking to maintain a managed setup.

Key Highlights

  • Turn‑key 3‑unit property on the Southside of Jamestown with a large lot and ample off‑street parking
  • Rental income includes $725 for the first floor, $600 for the top floor, and the second floor newly vacant
  • Second‑floor doors and windows installed in 2025

Local Financial Insights For Multifamily LT 5

Simulate Cap Rate and NOI

NOI Build-Up
Vacancy
income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
EGI (Effective Gross Income)
gross rent minus vacancy losses — the realistic income before paying operating costs.
OpEx (Operating Expenses)
recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
NOI (Net Operating Income)
income a property generates after operating costs but before financing and taxes.

Component $ $/SF
Gross rent $22.5k $13.50
− Vacancy −$2.8k −$1.68
EGI $19.7k $11.82
− OpEx −$5.9k −$3.55
NOI $13.8k $8.27
1,664 SF · lease $13.50/SF/yr · vacancy 12.44% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$196.7K
$172.1K – $229.5K (±1% cap)
NOI $13,769 @ 7.0% cap · market cap 8.88%
Second Best
Apartment 5plus
$180.0K
$157.5K – $210.0K (±1% cap)
NOI $12,598 @ 7.0% cap · market cap 8.13%
Theoretical Best
Office A
$498.1K
$435.8K – $581.1K (±1% cap)
NOI $34,864 @ 7.0% cap · market cap 22.49%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Triplexes

Suggested Use

Real Estate Agency Dental Office HVAC Service Computer & Electronic Repair Garden Center Storage Facility Auto Parts Store Barber Shop (Bike/Boat/Book/etc) Store Kitchen & Bath Showroom

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Triplex - Well-maintained three-unit building with ample off-street parking and recent window and door updates.
Where is this triplex located?
The property is located at 18 Linwood Avenue Jamestown, NY.
What is the asking price?
The asking price for this property is $155,000.
What are key features of this property?
This property features: Turn‑key 3‑unit property on the Southside of Jamestown with a large lot and ample off‑street parking; Rental income includes $725 for the first floor, $600 for the top floor, and the second floor newly vacant; Second‑floor doors and windows installed in 2025
Contact an agent
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message