404 W 5th ST, Jamestown, NY 14701
$280,000
Est. payment /mo
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8 Beds
4,514 SqFt
Active

404 W 5th ST Jamestown, NY 14701

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Key Details

Property Type Multi-Family, Commercial

Sub Type Commercial

Listing Status Active

Purchase Type For Sale

Square Footage 4,514 sqft

Price per Sqft $62

MLS Listing ID R1702732

Bedrooms 8

Construction Status Existing

HOA Y/N No

Year Built 1876

Annual Tax Amount $2,900

Lot Size 5,915 Sqft

Acres 0.1358

Lot Dimensions 50X118

Property Sub-Type Commercial

Property Description

Don't miss this excellent opportunity to own an 8-unit multifamily property in Jamestown. Comprised entirely of one-bedroom apartments, this income-producing building offers strong rental potential and an excellent opportunity for investors looking to expand their portfolio. The property is currently 75% occupied, with 6 units leased and 2 units vacant, providing immediate upside through increased occupancy and rental income.

Residents enjoy the convenience of on-site laundry facilities, adding value and appeal for current and future tenants. The building's efficient layout and one-bedroom unit mix make it well-suited to meet the area's rental demand.

Location

State NY

County Chautauqua

Area Jamestown-City-060800

Rooms

Basement Full

Interior

Heating Electric, Baseboard

Flooring Carpet, Laminate, Varies, Vinyl

Fireplace No

Appliance Dryer, Gas Oven, Gas Range, Gas Water Heater, Refrigerator, Washer

Exterior

Community Features None

Utilities Available Sewer Connected, Water Connected

Roof Type Pitched

Garage No

Building

Lot Description Rectangular, Rectangular Lot

Story 3

Sewer Connected

Water Connected, Public

Structure Type Brick

Construction Status Existing

Schools

Elementary Schools Samuel G Love Elementary

Middle Schools Persell Middle

High Schools Jamestown High

School District Jamestown

Others

Senior Community No

Tax ID 060800-387-039-0001-034-000

Acceptable Financing Cash

Listing Terms Cash

Special Listing Condition Standard


Listed by Century 21 Turner Brokers tom@c21turnerbrokers.com

Nearby School & Business

GET MORE INFORMATION

Name

Name

Phone*

Phone

Message

Message
Adam Grandmont

+1(585) 203-6541

grandmont.adam@gmail.com