14 Hedges Ave Jamestown, NY 14701
- Residential income homes
- 15,765 SF
Current Use by Public Records
- Residential income homes
Property Details for 14 Hedges Ave
- Property size
- 15,765 SF
- Property type
- Residential income homes
Description
This exceptional investment opportunity presents a portfolio of eight single-family rental units located in Jamestown, Chautauqua County, New York. The portfolio boasts a total of 15,765 square feet and commands a compelling asking price of $599,900, translating to a price per square foot of $38.05. The properties are strategically situated across multiple addresses within the 14701 zip code, offering a diversified investment strategy. The portfolio generates a Net Operating Income (NOI) of $59,761.50, resulting in a 0.09% capitalization rate. This represents a strong foundation for potential investors seeking a stable and income-producing asset in a desirable location. The individual addresses included in this portfolio are: 14 Hedges Ave, 618 Newland Ave, 9 Myers Ave, 307 Newland Ave, 102 Williams St, 144 Barrett Ave, 15 Columbia Ave, and 178 Barrett Ave, all in Jamestown, NY. This portfolio offers a unique opportunity to acquire a substantial rental property with a proven track record of income generation. The properties are well-maintained and situated in a stable residential area, promising a consistent stream of rental income. This is an ideal investment for those seeking a diversified portfolio with strong potential for future appreciation.
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
- -79.2211359
- Latitude
- 42.0983486
