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218 E 2nd St #212, Jamestown, NY, 14701

21beds
0baths
25,404sqft
$549,900
$22price/sqft
$8,261/moest. monthly cost
$330,440/yrincome needed

About This Home

BACK ON MARKET; BUYER FINANCING FAILED! Occupancy is the highest it’s been in years, and the current owner has completed numerous updates—making this 21-unit property a standout opportunity. This is an excellent investment for a savvy buyer seeking scale with the convenience of one centralized location. The property is operating smoothly with many improvements already completed. Current rent roll exceeds $13,000/month and continues to grow, offering immediate income with upside potential. There’s still room to increase value—implement strategic improvements to drive rents higher over time. The potential here is significant. Established property management has a strong relationship with tenants and is willing to remain in place, providing a seamless transition for the next owner.

Getting Around

87
WalkingVery Walkable
0
TransitVery Limited Transit
37
BikeSomewhat Bikeable

Schools

1/10
3/10
Jamestown High SchoolGrades 9-120.1 mi

Construction

Condition

  • Property condition: Resale
  • Year built: 1910

Materials

  • Roof: Flat,Membrane,Rubber
  • Construction materials: Brick

Type & Style

  • Home type: MultiFamily
  • Property subType: Multi Family

Interior

Appliances

  • Appliances included: Electric Oven,Electric Range,Gas Oven,Gas Range,Gas Water Heater,Refrigerator

Basement

  • Has basement: Yes
  • Basement: Full

Bedrooms & Bathrooms

  • Bedrooms: 21

Features

  • Flooring: Carpet,Hardwood,Laminate,Varies

Heating

  • Heating features: Electric,Gas,Baseboard,Space Heater

Interior Area

  • Total structure area: 25,404
  • Total interior livable area: 25,404 sqft

Property

Details

  • Parcel number: 0608003870410003010000
  • Special condition: Standard

Features

  • Stories: 3

Lot

  • Lot size: 10,319 sqft
  • Features: Rectangular,Rectangular Lot
  • Lot size dimensions: 86 x 120

Parking

  • Parking features: Three or more Spaces,No Driveway,No Garage