Spring St Jamestown, NY 14701
- Apartment buildings
- 7,292 SF
- 0.36 lot acres
Current Use by Public Records
- Apartment buildings
Property Details for 0 Spring St
- Year built
- 1930
- Lot size
- 0.36 lot acres
- Property size
- 7,292 SF
- Property type
- Apartment buildings
Description
This exceptional investment opportunity presents a well-maintained seven-unit apartment building situated on a 0.36-acre lot in Jamestown, New York. The property, built in 1930, boasts a total of 7,292 square feet across two stories, offering a compelling price per square foot of $45.26 and a price per unit of $47,142.86. The asking price for this multifamily property is $330,000. All offers must include three parcels: 370.19-2-62, 370.19-2-61, and 370.19-2-60. The property features a strong net operating income (NOI), making it an attractive investment. Showings are limited to prospective buyers who submit a fully executed Letter of Intent or purchase contract to minimize disruption to the tenants. The current property manager will remain in place to ensure a smooth transition for the new owner. This is a rare opportunity to acquire a well-established multifamily property in a desirable location. The property's address is 15-23 Spring St, Jamestown, NY 14701, and its APN is 060800-370-019-0002-062-000.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Jamestown
- County
- Chautauqua
- State
- New York
- Longitude
- -79.2398
- Latitude
- 42.1062
