Duplex with Original
8 Curtis Street, Jamestown, NY 14701
For Sale
$165,000
Recent roof, window, heating, electrical, and basement work complements the home’s retained period details.
Property Size1,919 SF
Price / SF$85.98
Days on Market57
Property Features for 8 Curtis Street
General Information
Standard status
Size
Property subtype
Additional Details
Highway Access
Multifamily Units
Taxes and HOA fees
Annual Taxes
Amenities
Balcony
Fence
Building Details
Building Size
Year Built
Stories
Units
Listing Agency:
ERA Team VP Real Estate
(716) 413-0200
Listed By:
Sorena Gilkinson
(716) 269-4129
Source:
Geneseeriverrealty
Added: Sep 16
Changed: Nov 9
Last Checked: Nov 10 at 9:59AM
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 ERA Team VP Real Estate
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Investment Insights
Based on property information with market context.
Built in 1900, this duplex retains its original wood staircase and includes unfinished third-floor space. Recent improvements include a roof replacement in 2024, second-floor windows installed in 2025, and three second-floor mini-split systems added in 2026. Other work includes basement waterproofing, a 200-amp electrical service, a new sump pump, spray foam insulation, and an updated second-floor bathroom.
The property is near the JCC, I-86, the National Comedy Center, and the Lucy Desi Museum. The current two-family arrangement offers flexibility for continued rental use or owner occupancy. The second and third floors may also be incorporated into a single-family layout by removing the wall near the period staircase; the third floor could be finished as additional space or included with the second-floor rental.
The property is near the JCC, I-86, the National Comedy Center, and the Lucy Desi Museum. The current two-family arrangement offers flexibility for continued rental use or owner occupancy. The second and third floors may also be incorporated into a single-family layout by removing the wall near the period staircase; the third floor could be finished as additional space or included with the second-floor rental.
Key Highlights
- Two‑family property with potential to combine the second and third floors into a single‑family layout
- Roof replaced in 2024; second‑floor windows installed in 2025
- Three mini‑split systems added on the second floor in 2026
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$14,528
Cap Rate
8.80%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$290,560
$290.6K
Cap Rate 7%
$207,543
$207.5K
Cap Rate 9%
$161,422
$161.4K
Market Conditions
NOI Build-Up for 1,919 SF
Gross rent
$30.4K $15.84/SF
− Vacancy
−$4.0K −$2.08/SF
EGI
$26.4K $13.76/SF
− OpEx
−$11.9K −$6.19/SF
NOI
$14.5K $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%
$290,560
Cap Rate 7%
$207,543
Cap Rate 9%
$161,422
Alternative Uses
Best Use
Multifamily LT 5
$226.8K
$198.5K – $264.7K
NOI $15,879 @ 7.0% cap · market cap 9.62%
Second Best
Apartment 5plus
$207.5K
$181.6K – $242.1K
NOI $14,528 @ 7.0% cap · market cap 8.80%
Theoretical Best
Office A
$574.4K
$502.6K – $670.1K
NOI $40,207 @ 7.0% cap · market cap 24.37%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Lease Details
2
Residential units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
40
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
$98,400
Median Home Value
Market
Average Price Trend$/SF for Duplexes in Jamestown, NY
Properties on Market for Duplexes in Jamestown
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Duplex - Recent roof, window, heating, electrical, and basement work complements the home’s retained period details.
Where is this duplex located?
The property is located at 8 Curtis Street Jamestown, NY.
What is the asking price?
The asking price for this property is $165,000.
What are key features of this property?
This property features: Two‑family property with potential to combine the second and third floors into a single‑family layout; Roof replaced in 2024; second‑floor windows installed in 2025; Three mini‑split systems added on the second floor in 2026
