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Updated Two-Unit Residential Property
For Sale
$44,000
Pending

116 Water St, Jamestown, NY 14701

Two-unit property with recent updates, suitable for investors or homeowners.

Property Size1,999 SF
Lot Size0.07 Acres
Days on Market269

Property Features for 116 Water St

General Information

Standard status Pending
Size 1,999 SF
Lot size 0.07 Acres
Property subtype Multi Family

Taxes and HOA fees

Annual Taxes $942

Building Details

Building Size 1,999 SF
Year Built 1900
Stories 2
Units 2
Listing Agency:
Listed By: Melissa Williamson
Source: Elliman
Added: Nov 28, 2025 Changed: Aug 22 Last Checked: Aug 24 at 7:06AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Melissa Williamson

Investment Insights

Based on property information with market context.

This two-unit residential property is new to the market and ready for a new owner. The property features several updates, including a furnace, hot water tanks, and vinyl windows. It is suitable to add to an investment portfolio or as a new home.

Key Highlights

  • Two‑unit property offers investment or owner‑occupancy potential.
  • Updated furnace ensures efficient heating.
  • Updated hot water tanks provide reliable hot water supply.

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Real Estate Agency HVAC Service Kitchen & Bath Showroom Auto Parts Store Cafe & Coffee Shop Grocery & Convenience Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

1,079
Businesses Nearby

Demographics for 14701, NY

38,428
Population
19,469
Households
2
Avg Household Size
42
Median Age
25%
College-Educated
90%
High-School Grad
92.6 sq mi
ZIP Area
415
Density / Sq Mi
$50,909
Median Household Income
$34,592
Median Earnings
$769
Median Rent
$98,400
Median Home Value

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Duplex - Two-unit property with recent updates, suitable for investors or homeowners.
Where is this duplex located?
The property is located at 116 Water St Jamestown, NY.
What is the asking price?
The asking price for this property is $44,000.
What are key features of this property?
This property features: Two‑unit property offers investment or owner‑occupancy potential.; Updated furnace ensures efficient heating.; Updated hot water tanks provide reliable hot water supply.
More about this property
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