Turnkey 3-Unit Residential
18 Linwood Avenue Jamestown, NY 14701
For Sale
$155,000
MULTI_FAMILY - Jamestown, NY
Property Size1,664 SF
Lot Size0.13 Acres
Price / SF$93.15
Days on Market48
Property Features for 18 Linwood Avenue
General Information
Property type
Residential Multi Family
Property subtype
Other
Bedrooms
3
Bathrooms
3
Rooms
Bathroom 2, Bathroom 3, Bedroom 1, Bedroom 2, Basement, Bathroom 1, Bedroom 3
Interior features
Attic
Appliances
GasWaterHeater
Standard status
Active
APN
060800-387-019-0009-007-000
Size
1,664 SF
Lot size
0.13 Acres
Taxes and HOA fees
Tax Annual Amount
2140
Utilities
Heating system
Natural Gas, Forced Air, Baseboard, Electric (Heating)
Water source
Public
Building Details
Year built
1899
Floors in Building
2
Number of units
3
Flooring type
Varies, Vinyl, Carpet
Building materials
WoodSiding
Listing Agency:
Keller Williams Realty
(716) 324-2300
Listed By:
Taylor Bennett · License #10401246823
(716) 450-7235
Added: Jun 11
Changed: Jul 11
Last Checked: Jul 28 at 3:06PM
MLS# R1687164
Copyright © 2026 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.
Investment Insights
Based on property information with market context.
This turnkey three-unit residential property is situated on a large lot and includes ample off-street parking. The home has been well maintained with recent updates. On the first floor, new doors have been installed, and new windows are scheduled to be installed next week. The second floor has new doors and windows installed in 2025. The third (top) unit is currently rented.
The property is located on the south side of Jamestown and is within walking distance to Foote Avenue stores and restaurants, as well as Allen Park. The surrounding area includes everyday neighborhood amenities that support convenient tenant access.
For tenants, the unit mix and ongoing updates support straightforward occupancy. For an owner-occupant, the building offers the option to live in one unit while others are rented, since the second-floor unit is currently vacant. Property management is currently in place for a smoother transition if an investor is looking to maintain a managed setup.
The property is located on the south side of Jamestown and is within walking distance to Foote Avenue stores and restaurants, as well as Allen Park. The surrounding area includes everyday neighborhood amenities that support convenient tenant access.
For tenants, the unit mix and ongoing updates support straightforward occupancy. For an owner-occupant, the building offers the option to live in one unit while others are rented, since the second-floor unit is currently vacant. Property management is currently in place for a smoother transition if an investor is looking to maintain a managed setup.
Key Highlights
- Turn‑key 3‑unit property on the Southside of Jamestown with a large lot and ample off‑street parking
- Rental income includes $725 for the first floor, $600 for the top floor, and the second floor newly vacant
- Second‑floor doors and windows installed in 2025
Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $22.5k | $13.50 |
| − Vacancy | −$2.8k | −$1.68 |
| EGI | $19.7k | $11.82 |
| − OpEx | −$5.9k | −$3.55 |
| NOI | $13.8k | $8.27 |
1,664 SF · lease $13.50/SF/yr · vacancy 12.44% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$196.7K
$172.1K – $229.5K
NOI $13,769 @ 7.0% cap · market cap 8.88%
Second Best
Apartment 5plus
$180.0K
$157.5K – $210.0K
NOI $12,598 @ 7.0% cap · market cap 8.13%
Theoretical Best
Office A
$498.1K
$435.8K – $581.1K
NOI $34,864 @ 7.0% cap · market cap 22.49%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Triplex - Well-maintained three-unit building with ample off-street parking and recent window and door updates.
Where is this triplex located?
The property is located at 18 Linwood Avenue Jamestown, NY.
What is the asking price?
The asking price for this property is $155,000.
What are key features of this property?
This property features: Turn‑key 3‑unit property on the Southside of Jamestown with a large lot and ample off‑street parking; Rental income includes $725 for the first floor, $600 for the top floor, and the second floor newly vacant; Second‑floor doors and windows installed in 2025
