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    351 E 5Th St Jamestown, NY 14701

    For Sale
    $160,000

    MULTI_FAMILY - Jamestown, NY

    Property size:
    4,285 SF
    Lot size:
    0.39 Acres
    Days on Market:
    92
    Last Refresh:
    Dec 8 at 2:06 pm

    Property Features for 351 E 5Th St

    General Information

    Special listing conditions
    Standard
    Property type
    Residential Multi Family
    Property subtype
    Other
    TransactionType
    Standard
    Standard status
    Active
    Rooms
    Basement, Bedroom 5, Bedroom 1, Bedroom 4, Bedroom 3, Bedroom 2
    Bedrooms
    5
    APN
    060800-387-033-0002-037-000
    Parking features
    Garage
    Interior features
    ProgrammableThermostat
    Appliances
    GasCooktop, GasOven, GasRange, GasWaterHeater, Refrigerator
    Size
    4,285 SF
    Lot size
    0.39 Acres

    Utilities

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

    Building Details

    Year built
    1880
    Floors in Building
    2
    Number of units
    5
    Flooring type
    Laminate, Carpet, Varies
    Building materials
    ShakeSiding
    Roof type
    Shingle

    Century 21 Turner Brokers (716) 763-7506 [email protected]

    Listing agent Thomas Turner (716) 763-7506 License #10311200036

    Listing date Sep 8, 2025

    Copyright © 2025 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.

    Overview

    Jamestown Multifamily Investment Opportunity

    Located in the heart of Jamestown, the property at 351 E 5th St is a 5-unit apartment building that is fully leased. It offers an excellent opportunity for investors seeking stable rental income and long-term growth potential. The property is situated in a desirable neighborhood with easy access to local amenities, public transportation, and key business districts, making it an attractive option for tenants looking for both convenience and comfort. The building has a property size of 4285 square feet and is situated on a lot of 0.3857 acres. All tenants are responsible for paying their own utilities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Apartment buildings

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Jamestown
    County
    Chautauqua
    State
    New York
    Longitude
    -79.235742
    Latitude
    42.099381

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    FAQs

    What type of property is this?
    Apartment building - Five-unit apartment building in Jamestown, fully leased and generating income.
    Where is this apartment building located?
    The property is located at 351 E 5Th St Jamestown, NY.
    What is the asking price?
    The asking price for this property is $160,000.
    What are key features of this property?
    This property features: - Fully leased 5-unit apartment building provides immediate rental income.; - Prime location in the heart of Jamestown with easy access to amenities, transportation, and business districts.; - Stable investment opportunity with long-term growth potential.
    (716) 763-7506
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    351 E 5Th St Jamestown, NY 14701
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