614-616 Lafayette St Jamestown, NY 14701

This exceptional multifamily investment opportunity in Jamestown, New York, comprises eleven residential units spread across five properties: 614-616 Lafayette St, 49 Liberty St, 1128 N Main St, 110 Charles St, and 11 Delaware Ave. The portfolio boasts a total of 2,730 square feet situated on a 0.09-acre lot. Built in 1910, the two-story buildings feature a mix of units, all currently occupied, generating immediate income and a strong cap rate. Recent renovations, estimated at approximately $300,000, have enhanced the property's value and appeal. The asking price is $625,000, translating to $56,818.18 per unit and $228.94 per square foot. Tenants are responsible for their own utilities, and property taxes are combined across all five buildings. The property's APN is 060800-387-032-0001-045-000. This is a turnkey investment with significant potential for future growth and return. The portfolio presents a rare opportunity to acquire a well-maintained, income-producing multifamily asset in a desirable location.