90 Forest Ave Jamestown, NY 14701
This exceptional ten-unit multifamily property, located at 90 Forest Ave. in Jamestown, New York (zip code 14701), presents a compelling investment opportunity. The property boasts a total of 6,482 square feet and offers a mix of studio, one-bedroom, and two-bedroom units, catering to a diverse range of tenants. Its convenient location near public transportation and shopping ensures high tenant occupancy and satisfaction. The building is well-maintained and features off-street parking, a significant advantage for residents. Historical data demonstrates a strong and consistent rental history, providing investors with reliable cash flow and a predictable return on investment. This turnkey property is situated in Chautauqua County and is ideally positioned to benefit from potential rent growth in the Jamestown area. The asking price for this multifamily investment property is $375,000. This represents a rare opportunity to acquire a well-established, income-generating asset in a desirable location. The property's blend of unit sizes and its strong rental history make it an attractive proposition for both seasoned and new investors seeking a stable and profitable investment. The property is classified as both an apartment building and commercial property, offering flexibility and potential for future development.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.