Two-Unit
New
For Sale
Contact for pricing
3 Lake Street, Jamestown, NY 14701
Residential, Jamestown, NY
Property Size1,808 SF
Lot Size0.14 Acres
Price / SF$16.54
Days on Market2
Property Features for 3 Lake Street
General Information
Property type
Residential Multi Family
Property subtype
Other
Bedrooms
4
Bathrooms
2
Full bathrooms
2
Rooms
Basement, Bathroom 1, Bedroom 4, Bedroom 3, Bathroom 2, Bedroom 1, Bedroom 2
Patio and Porch features
Porch
Exterior features
FullyFenced
Fencing
Fenced
Appliances
GasWaterHeater
Subdivision
Of Price's Allotment G
Lot features
Rectangular, Rectangular Lot, Residential Lot
Elementary school
Milton J Fletcher Elementary
Middle school
Persell Middle
High school
Jamestown High
Elementary school district
Jamestown
Middle school district
Jamestown
High school district
Jamestown
Directions
from forest turn onto lake street property on the right
Standard status
Active
APN
060800-387-014-0004-045-000
Size
1,808 SF
Lot size
0.14 Acres
Taxes and HOA fees
Tax Annual Amount
867
Utilities
Heating system
Electric (Heating), Forced Air
Water source
Public
Building Details
Year built
1889
Floors in Building
2
Number of units
2
Flooring type
Varies, Laminate
Building materials
WoodSiding
Architectural style
Other
Listing Agency:
Century 21 Turner Brokers · Century 21 Real Estate
(716) 763-7506
Listed By:
Andrea Eckman · License #10401279663
(716) 450-6685
Added: Oct 23
Last Checked: Oct 24 at 4:06AM
MLS# R1724381
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.
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Investment Insights
Based on property information with market context.
This Jamestown duplex contains 1,808 square feet on a 0.1384-acre lot. The room listing identifies four bedrooms and two bathrooms. Built in 1889, the property has wood siding, a porch, and a fenced exterior. Public water serves the building.
The property is located at 3 Lake Street in Jamestown, New York.
The property is located at 3 Lake Street in Jamestown, New York.
Key Highlights
- Two‑unit duplex with 1,808 square feet
- Four bedrooms and two bathrooms
- 0.1384‑acre lot
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$13,688
Suggested Prices Based on Cap Rates
Cap Rate 5%
$273,760
$273.8K
Cap Rate 7%
$195,543
$195.5K
Cap Rate 9%
$152,089
$152.1K
Market Conditions
NOI Build-Up for 1,808 SF
Gross rent
$28.6K $15.84/SF
− Vacancy
−$3.8K −$2.08/SF
EGI
$24.9K $13.76/SF
− OpEx
−$11.2K −$6.19/SF
NOI
$13.7K $7.57/SF
Area
Chautauqua County, NY
Vacancy
13.10%
Lease Rate
$15.84 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$273,760
Cap Rate 7%
$195,543
Cap Rate 9%
$152,089
Alternative Uses
Best Use
Multifamily LT 5
$213.7K
$187.0K – $249.3K
NOI $14,960 @ 7.0% cap · market cap 50.03%
Second Best
Apartment 5plus
$195.5K
$171.1K – $228.1K
NOI $13,688 @ 7.0% cap · market cap 45.78%
Theoretical Best
Office A
$541.2K
$473.5K – $631.4K
NOI $37,881 @ 7.0% cap · market cap 126.69%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
424
Businesses Nearby
Explore this area
Business Placement
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
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Market
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Duplex - The property includes four bedrooms and two bathrooms across its residential layout.
Where is this duplex located?
The property is located at 3 Lake Street Jamestown, NY.
What are key features of this property?
This property features: Two‑unit duplex with 1,808 square feet; Four bedrooms and two bathrooms; 0.1384‑acre lot
