205 Palmer ST Jamestown, NY 14701
Dawn Nowak
dawnsoldanother@kw.comUPDATED:
Key Details
Property Type Multi-Family, Mobile Home
Sub Type Multi Family
Listing Status Active
Purchase Type For Sale
Square Footage 1,636 sqft
Price per Sqft $24
MLS Listing ID R1665369
Bedrooms 5
Full Baths 2
Construction Status Existing
HOA Y/N No
Year Built 1901
Annual Tax Amount $2,535
Lot Size 5,998 Sqft
Acres 0.1377
Lot Dimensions 50X120
Property Sub-Type Multi Family
Property Description
Don't miss this **income-producing investment opportunity at 205 Palmer St**. This **two-unit rental property** has strong potential for investors looking to expand their portfolio with a property positioned in a convenient, tenant-friendly area.
The building features **two separate units**, making it ideal for generating **dual rental income** or for an owner-occupant looking to offset their mortgage by renting the second unit. With the right updates and management strategy, this property presents a solid **value-add opportunity** with room to increase rents and long-term equity.
Located in a practical residential area, the property sits **close to Lincoln Elementary School**, a major convenience for families. It's also just minutes from **3rd Street shopping**, including **Dollar General**, giving tenants quick access to everyday essentials. The surrounding neighborhood has easy access to local amenities, helping support steady rental demand.
**Investment Highlights**
* Two-unit residential property
* Opportunity for dual rental income
* Close to Lincoln Elementary School
* Minutes from 3rd Street amenities including Dollar General
* Strong rental demand area
* Potential value-add with updates
Whether you're seeking a **cash-flowing rental, a house-hack opportunity, or your next renovation project**, **205 Palmer St has solid investment potential in a convenient area.**
*Add this property to your portfolio and take advantage of the income possibilities.*
AS-IS
Location
State NY
County Chautauqua
Area Jamestown-City-060800
Rooms
Basement Full
Interior
Interior Features Attic, Programmable Thermostat
Heating Gas
Flooring Hardwood, Laminate, Varies, Vinyl
Fireplace No
Appliance Gas Water Heater
Exterior
Garage Spaces 2.0
Utilities Available Sewer Connected, Water Connected
Garage Yes
Building
Lot Description Rectangular, Rectangular Lot
Story 2
Foundation Poured
Sewer Connected
Water Connected, Public
Level or Stories Two
Structure Type Aluminum Siding,Vinyl Siding
Construction Status Existing
Schools
Elementary Schools Lincoln Elementary
Middle Schools Persell Middle
High Schools Jamestown High
School District Jamestown
Others
Senior Community No
Tax ID 060800-387-013-0006-007-000
Acceptable Financing Cash
Listing Terms Cash
Special Listing Condition Standard
NEARBY SCHOOL & BUSINESS
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Dawn Nowak