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Three Unit Investment Property

201 Forest Avenue Jamestown, NY 14701

Claim this Listing
For Sale
$139,000

Turn-key three-unit property with income potential and fenced yard.

Type:Multi-Family
Property size:
2,796 SF
Price / SF:
$49.71/SF
Added:
Mar 19, 2026
Days on Market:
117
Last Refresh:
May 27 at 1:58 pm

Property Features for 201 Forest Avenue

General Information

Standard status
Active
Size
2,796 SF
Property subtype
Multi-Family

Building Details

Year Built
1900

Listing office

Listing date Mar 19, 2026

Source Xome

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 Real Estate Advantage


Investment Insights

Based on property information with market context.

This three-unit property presents an investment opportunity with income-generating potential. The upper apartment includes a large kitchen, a dining room and living room, two bedrooms, closet space, and one full bathroom. This unit also provides access to a large attic for storage. First floor Apartment #1 features a two-bedroom, one and a half bath layout with a small kitchen and in-unit laundry. First floor Apartment #2 (rear unit) offers a one-bedroom layout with a large kitchen and living area. This unit has direct access to a deck overlooking a private, fully fenced yard. The property includes separate electric meters for each unit, a double lot, new vinyl fencing, off-street parking, a detached garage, and appliances included with each unit. Some updated plumbing throughout and newer hot water tanks are present. A new backflow preventer was installed in 04/2026. The property size is 2796 square feet.

Key Highlights

  • Significant income‑generating potential as a turn‑key three‑unit multi‑family home.
  • Large double/private lot with new vinyl fencing and a private, fully fenced yard accessible from one unit.
  • Off‑street parking and a detached garage.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Triplexes

Suggested Use

Barber Shop HVAC Service Kitchen & Bath Showroom (Bike/Boat/Book/etc) Store Cafe & Coffee Shop (Bike/Boat/Book/etc) Store Grocery & Convenience Store Locksmith Storage Facility Catering Service

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

FAQs

What type of property is this?
Triplex - Turn-key three-unit property with income potential and fenced yard.
Where is this triplex located?
The property is located at 201 Forest Avenue Jamestown, NY.
What is the asking price?
The asking price for this property is $139,000.
What are key features of this property?
This property features: Significant income‑generating potential as a turn‑key three‑unit multi‑family home.; Large double/private lot with new vinyl fencing and a private, fully fenced yard accessible from one unit.; Off‑street parking and a detached garage.
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