18 Linwood Avenue, Jamestown, NY 14701
MULTI_FAMILY - Jamestown, NY
- Added:
- Jun 11, 2026
- Days on Market:
- 2
- Last Refresh:
- Jun 12 at 9:06 pm
Property Features for 18 Linwood Avenue
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 3
- Bathrooms
- 3
- Rooms
- Bedroom 2, Bedroom 3, Basement, Bathroom 1, Bathroom 2, Bathroom 3, Bedroom 1
- 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, Electric (Heating), Baseboard
- Water source
- Public
Building Details
- Year built
- 1899
- Floors in Building
- 2
- Number of units
- 3
- Flooring type
- Vinyl, Carpet, Varies
- Building materials
- WoodSiding
Listing agent Taylor Bennett License #10401246823 (716) 450-7235
Listing office Keller Williams Realty 385 E Fairmount Ave, Elma, NY (716) 324-2300
Listing date Jun 11, 2026
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.
HighLights
- 3‑unit property on the Southside of Jamestown with public water and a large lot
- Rental income: first‑floor rent $725 (currently rented), second‑floor vacancy with $725 rent target, and top‑floor rent $600
- Year built 1899 with wood siding construction and mixed flooring including vinyl and carpet
- Updates in progress: first‑floor new doors installed and new windows scheduled for installation next week
- Second‑floor improvements: new doors and windows installed in 2025
- Basement included, with heating options listed as natural gas forced air, electric heat, and baseboard
Overview
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.
Local 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 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Jamestown
- County
- Chautauqua
- State
- New York
- Longitude
- -79.230405
- Latitude
- 42.085537
