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Three-Unit Residential Income Property

1035 E 2nd St Jamestown, NY 14701

Claim this Listing
For Sale
$139,900

Fully occupied three-unit property with tenant-paid utilities (except water) and recent, section-based roof replacements.

Type:Multi Family
Added:
Jun 21, 2026
Days on Market:
24
Last Refresh:
Jun 23 at 1:46 am

Property Features for 1035 E 2nd St

General Information

Standard status
Active
Property subtype
Multi Family

Building Details

Year Built
1890

Listing office Keller Williams Realty Lancaster

Listing date Jun 21, 2026

Source Elliman

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 Keller Williams Realty Lancaster


Investment Insights

Based on property information with market context.

This is a fully occupied three-unit residential income property. The current rent roll is $1,100, $450, and $600 per month, for a total of $2,150 monthly. Tenants pay their own utilities, with the exception of the water bill. Ownership benefits from roof work that has been completed in sections over the last four years, with the final section being replaced this month.

The property is offered for sale as a turnkey, occupied multi-family asset, with all three units currently in place. With tenant utility responsibility structured in this way, the day-to-day operating profile may be simpler than properties where utilities are centrally paid.

For buyers looking for an income-producing residential asset, this configuration offers an immediately occupied setup and a documented roof replacement timeline. The combination of current tenancy, tenant-paid utilities (except water), and ongoing roof improvements should be attractive to owner-operators and investors seeking a practical path to stabilize operations from day one.

Key Highlights

  • Fully occupied 3‑unit property with total monthly rent of $2,150 (1100/450/600).
  • Tenants pay their own utilities except for the water bill.
  • Roof replacement done in sections over the last 4 years, with the final section replaced this month.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Triplexes

Suggested Use

Real Estate Agency Law Firm Dental Office Hair Salon Spa & Massage Center Restaurant Nail Salon Gym & Fitness Center HVAC Service Pharmacy

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

FAQs

What type of property is this?
Triplex - Fully occupied three-unit property with tenant-paid utilities (except water) and recent, section-based roof replacements.
Where is this triplex located?
The property is located at 1035 E 2nd St Jamestown, NY.
What is the asking price?
The asking price for this property is $139,900.
What are key features of this property?
This property features: Fully occupied 3‑unit property with total monthly rent of $2,150 (1100/450/600).; Tenants pay their own utilities except for the water bill.; Roof replacement done in sections over the last 4 years, with the final section replaced this month.
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