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54 Lakeview Ave, Jamestown, NY, 14701
Income-Generating Historic Triplex

54 Lakeview Ave Jamestown, NY 14701

For Sale
$120,000

Built circa 1884, this triplex includes separate utility meters and three operational HVAC systems, with upgrades and two turnkey units.

Days on Market21

Property Features for 54 Lakeview Ave

General Information

Standard status
Active
Property subtype
Multi Family

Building Details

Year Built
1884
Listing Agency: Century 21 Turner Brokers
Listed By: Alex Clark · License #10401390843
Source: Elliman
Added: Jul 4 Changed: Jul 20 Last Checked: Jul 24 at 2:22PM

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 Century 21 Turner Brokers


Investment Insights

Based on property information with market context.

54 Lakeview Ave, Jamestown, NY 14701 presents a circa-1884 income-producing triplex known as The Delevan House. The property features Folk Victorian architecture with Queen Anne-inspired detailing, and significant improvements have already been completed to support reliable operations.

Improvements include separate gas and electric meters for each unit, numerous new windows, plumbing upgrades, three fully operational HVAC systems, three functioning water heaters, and three working thermostats. The home also has a newer roof with no known leaks, a clean and dry attic, and a dry basement. A professionally installed security system is in place and can be transferred to the new owner, and utilities are on, operational, and current. Off-street parking is supported by a large paved driveway.

Two apartments have been tastefully remodeled and are described as turnkey, ready for immediate occupancy or rental income. The first-floor unit has been cleaned out and partially drywalled and is ready for renovation, with exterior restoration underway including painting in a historically inspired Victorian color selection.

Key Highlights

  • Built c. 1884, this Folk Victorian triplex offers historic character with modern reliability.
  • Separate gas and electric meters for each unit.
  • Three fully operational HVAC systems, plus three functioning water heaters and three working thermostats.

Property Analytics

Location Intelligence

Current Use by Public Records

Triplexes

Suggested Use

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

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

FAQs

What type of property is this?
Triplex - Built circa 1884, this triplex includes separate utility meters and three operational HVAC systems, with upgrades and two turnkey units.
Where is this triplex located?
The property is located at 54 Lakeview Ave Jamestown, NY.
What is the asking price?
The asking price for this property is $120,000.
What are key features of this property?
This property features: Built c. 1884, this Folk Victorian triplex offers historic character with modern reliability.; Separate gas and electric meters for each unit.; Three fully operational HVAC systems, plus three functioning water heaters and three working thermostats.
More about this property
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