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Turn-Key Three-Unit Income Property

416 Falconer St Jamestown, NY 14701

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For Sale
$139,900

Turn-key triplex with three rental units and tenant-paid utilities, excluding water.

Type:Multi Family
Added:
Jun 22, 2026
Days on Market:
23
Last Refresh:
Jun 23 at 2:24 am

Property Features for 416 Falconer St

General Information

Standard status
Active
Property subtype
Multi Family

Building Details

Year Built
1907

Listing office Keller Williams Realty Lancaster

Listing date Jun 22, 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 turn-key three-unit income property offers a straightforward triplex setup designed for ongoing rental operations. The current arrangement is structured so tenants pay their own utilities, with the exception of water.

The property is located in Jamestown, NY, with a Walk Score of 64 indicating somewhat walkable access and a Bike Score of 54 indicating bikeable conditions. The seller has indicated additional properties may be packaged together, and all current tenants would like to stay.

For prospective owners or investors looking for a small residential income asset, the existing occupancy and tenant utility responsibility support an operationally simple model. The rent roll provided totals $1,900 per month across the three units at $825, $475, and $600. As a result, this property may appeal to buyers seeking a maintained, income-producing multi-family purchase with tenants already in place and a clear utility-payment structure.

Key Highlights

  • 1907‑built 3‑unit triplex generating total rent of $1,900/month
  • Rent roll includes $825, $475, and $600 per month by unit
  • Tenants pay utilities other than water; water is excluded from tenant‑paid utilities

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Triplexes

Suggested Use

Real Estate Agency Law Firm Spa & Massage Center Hair Salon Dental Office HVAC Service Parking Lot & Garage Nail Salon Gym & Fitness Center Grocery & Convenience Store

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

FAQs

What type of property is this?
Triplex - Turn-key triplex with three rental units and tenant-paid utilities, excluding water.
Where is this triplex located?
The property is located at 416 Falconer 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: 1907‑built 3‑unit triplex generating total rent of $1,900/month; Rent roll includes $825, $475, and $600 per month by unit; Tenants pay utilities other than water; water is excluded from tenant‑paid utilities
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