




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