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Three-Unit Property with Renovation Work
New
For Sale
$55,000

196 Falconer Street, Jamestown, NY 14701

Residential, Jamestown, NY

Property Size2,546 SF
Lot Size0.08 Acres
Price / SF$21.60
Days on Market6

Property Features for 196 Falconer Street

General Information

Property type Residential Multi Family
Property subtype Other
Bedrooms 5
Bathrooms 3
Full bathrooms 3
Rooms Basement, Bedroom 4, Bedroom 5, Bathroom 3, Bedroom 2, Bathroom 2, Bedroom 1, Bathroom 1, Bedroom 3
Patio and Porch features Deck
Exterior features Deck
Appliances ElectricWaterHeater, GasWaterHeater
Lot features Rectangular, Rectangular Lot
Elementary school Carlyle C Ring Elementary
Middle school Washington Middle
High school Jamestown High
Elementary school district Jamestown
Middle school district Jamestown
High school district Jamestown
Subdivision Jamestown-City-060800
Standard status Active
APN 060800-370-020-0003-048-000
Size 2,546 SF
Lot size 0.08 Acres

Taxes and HOA fees

Tax Annual Amount 1633

Utilities

Heating system Natural Gas, Other (Heating)
Water source Public

Building Details

Year built 1876
Floors in Building 2
Number of units 3
Flooring type Laminate, Varies, Carpet, Hardwood
Building materials VinylSiding
Roof type Shingle
Architectural style Other
Listing Agency: Real Estate Advantage
Listed By: Holly Hackett · License #10401371023
Added: Aug 17 Changed: Aug 20 Last Checked: Aug 22 at 9:06PM
MLS# R1707771

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 2,546-square-foot triplex, built in 1876, contains three residential units with distinct layouts. The first floor includes two bedrooms with potential for a third, a living room, dining room, kitchen, pantry, and in-unit laundry. The second floor offers two bedrooms, a family room, and attic living space that includes a bedroom and full bathroom. The basement unit has been gutted and is approximately 70% remodeled, with drywall, insulation, and some plumbing already completed. Additional finishing materials are on site, including a toilet, shower, vanity, and flooring.

The property occupies 0.0826 acres at 196 Falconer Street in Jamestown, NY 14701. Exterior features include a deck, vinyl siding, and a shingle roof. The building has public water, natural gas and other heating, electric and gas water heaters, and a mix of laminate, carpet, hardwood, and varied flooring.

Key Highlights

  • Three‑unit residential property with 2,546 square feet
  • Basement unit approximately 70% through remodeling
  • First‑floor layout includes two bedrooms, pantry, and in‑unit laundry

Property Analytics

Current Use

Triplexes

Suggested Use

Top Pick Barber Shop (Bike/Boat/Book/etc) Store Cafe & Coffee Shop HVAC Service Home Appliance Store Garden Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

3
Residential units

Location Intelligence

Trade Area within ½ mile

478
Businesses Nearby

Demographics for 14701, NY

38,428
Population
19,469
Households
2
Avg Household Size
42
Median Age
25%
College-Educated
90%
High-School Grad
92.6 sq mi
ZIP Area
415
Density / Sq Mi
$50,909
Median Household Income
$34,592
Median Earnings
$769
Median Rent
$98,400
Median Home Value

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Triplex - Three-unit residential property with varied layouts, in-unit laundry, a deck, and ongoing improvements across the building.
Where is this triplex located?
The property is located at 196 Falconer Street Jamestown, NY.
What is the asking price?
The asking price for this property is $55,000.
What are key features of this property?
This property features: Three‑unit residential property with 2,546 square feet; Basement unit approximately 70% through remodeling; First‑floor layout includes two bedrooms, pantry, and in‑unit laundry
More about this property
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