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    33-Unit Multifamily Investment Opportunity Title is generated by Realmo AI

    317 Fairmount Ave, Jamestown, NY 14701

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    For Sale
    $2,550,000

    Well-maintained 33-unit multifamily property with strong occupancy and upgrade potential.

    Type:Investment
    Lot size:
    2.08 Acres
    Added:
    Mar 10, 2026
    Days on Market:
    119
    Last Refresh:
    Jul 2 at 7:24 pm

    Property Features for 317 Fairmount Ave

    General Information

    Standard status
    Active
    Lot size
    2.08 Acres
    Property subtype
    Investment

    Building Details

    Year Built
    1980

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    Kristien Olson

    Listing office PropertyMatch USA

    Listing date Mar 10, 2026

    Source Elliman

    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 PropertyMatch USA

    HighLights

    • Proven cash flow and value‑add potential through unit renovations.
    • Consistently above‑average occupancy maintained by professional management.
    • Attractive unit mix: 23 two‑bedroom and 10 one‑bedroom apartments.
    • Many units completely remodeled with modern finishes.
    • Secure, well‑kept building with on‑site storage and garage parking.
    • Green space and gazebo area enhance tenant retention.

    Overview

    This well-maintained 33-unit multifamily community features strong curb appeal, excellent tenant amenities, and consistently above-average occupancy. The property includes 23 two-bedroom apartments and 10 one-bedroom apartments. Many units have been completely remodeled with modern finishes. The building is secure and well-kept, with on-site storage and garage parking available for select units. Residents can enjoy green space and a gazebo area. Professional management has maintained occupancy levels consistently above market averages. This 33-unit property offers stability and value-add potential, generating steady cash flow while still leaving room to capture further upside through the continuation of interior renovations and potential operational efficiencies. It is located in Jamestown, NY.
    Property Profile Location Intelligence

    Current Use by Public Records

    Fairmount Estates Real Estate Agency Apartment Rental Homes Real Estate Agency

    Suggested Use

    Real Estate Agency Grocery & Convenience Store Food Market Pharmacy Daycare Center HVAC Service Cosmetic Store Tech Support Center Cafe & Coffee Shop Discount Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Jamestown
    County
    Chautauqua
    State
    New York
    Longitude
    -79.2609
    Latitude
    42.0969

    FAQs

    What type of property is this?
    Apartment building - Well-maintained 33-unit multifamily property with strong occupancy and upgrade potential.
    Where is this apartment building located?
    The property is located at 317 Fairmount Ave Jamestown, NY.
    What is the asking price?
    The asking price for this property is $2,550,000.
    What are key features of this property?
    This property features: Proven cash flow and value‑add potential through unit renovations.; Consistently above‑average occupancy maintained by professional management.; Attractive unit mix: 23 two‑bedroom and 10 one‑bedroom apartments.
    More about this property
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