21-Unit Multifamily Investment
218 East 2nd Street Unit 212218 Jamestown, NY 14701
218 East 2nd Street Unit 212218, Jamestown, NY, 14701
$549,900
For Sale
$549,900
21-unit property with updates, high occupancy, and income potential.
Property Size25,404 SF
Price / SF$21.65
Days on Market464
Property Features for 218 East 2nd Street Unit 212218
General Information
- Standard status
- Active
- Size
- 25,404 SF
- Property subtype
- Multi Family / Other
Building Details
- Year Built
- 1910
Listing Agency
Property Sisters of Chautauqua, Inc.
(716) 450-4795
Listed by
Carolyn Lawson · License #10311210826
(716) 450-4795
Source
Compass
Added: Apr 10, 2025 Checked: Jul 17 at 5:15 am
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 Property Sisters of Chautauqua, Inc.
Investment Insights
Based on property information with market context.
This 21-unit multifamily property presents an investment opportunity. The property has undergone numerous updates. The current rent roll exceeds $12,000 per month and continues to grow, offering immediate income with upside potential. There is room to increase value by implementing strategic improvements to drive rents higher over time. Established property management has a strong relationship with tenants and is willing to remain in place, providing a seamless transition for the next owner. The property size is 25404 square feet.
Key Highlights
- High occupancy and immediate income exceeding $12,000/month with growth potential.
- 21‑unit property offering scale and centralized management.
- Numerous updates completed by the current owner, including key mechanical improvements.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
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FAQs
What type of property is this?
Apartment building - 21-unit property with updates, high occupancy, and income potential.
Where is this apartment building located?
The property is located at 218 East 2nd Street Unit 212218 Jamestown, NY.
What is the asking price?
The asking price for this property is $549,900.
What are key features of this property?
This property features: High occupancy and immediate income exceeding $12,000/month with growth potential.; 21‑unit property offering scale and centralized management.; Numerous updates completed by the current owner, including key mechanical improvements.
