218 E 2nd Street #212-218
Jamestown, NY 14701
21
Bed
0
Bath
25,404Sqft
0.24Acre(Lot)
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.
Property Details
Map
Map
What's Nearby
Nearby Areas
Features
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Bedroom Information
Total beds: 21Room Information
Has Basement: Yes Basement: Full -
Flooring Information
Carpet, Hardwood, Laminate, Varies -
Roofing Information
Flat, Membrane, Rubber -
Interior Features
Roof: Flat, Membrane, Rubber Appliances: Electric Oven, Electric Range, Gas Oven, Gas Range, Gas Water Heater, Refrigerator, Water Heater -
Heating & Cooling
Has Heating: Yes Heating: Electric, Baseboard, Space Heater, Natural Gas
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Building Information
Year Built: 1910 Building Area Total: 25404 Construction Materials: Brick Stories: 3 Private Pool: No
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Lot Information
Lot Dimensions: 86X120 Main Square Feet: 0.2369 Acres Lot Size Acres: 0.2369 Lot Size Square Feet: 10320 Lot Description: Rectangular LotProperty Information
Subdivision: A F Allen Brown Source Property Type: Residential Income Property Age: 116
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Listing Price Information
Listing Price: $549900 Original Price: $649900 Cash, Conventional
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Tax Information
Parcel Number: 060800-387-041-0003-010-000 Tax Lot: 10 Annual Tax: $13753
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Parking Information
Parking Total: 3 No Garage
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School Information
Elementary School: Samuel G Love ElementaryJunior High School: Washington MiddleSenior High School: Jamestown High -
Utility Information
Sewer Connected, Water Connected -
Location Information
WaterSource: Public
How much is this property worth?
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Nearby Home Value
| Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
|---|---|---|---|---|---|
| 1061 E 2nd Street, Jamestown, NY, 14701 | $27,900 | 7 | 4 | 3,082 | 3,082 SqFt |
| 1059 E 2nd Street, Jamestown, NY, 14701 | $26,900 | 3 | 3 | 2,208 | 2,208 SqFt |
| 400 Allen Street, Jamestown, NY, 14701 | $155,000 | 6 | 3 | 2,833 | 2,833 SqFt |
| 321 Allen Street, Jamestown, NY, 14701 | $30,000 | 6 | 4 | 2,300 | 2,300 SqFt |
| 7 Pullman Street, Jamestown, NY, 14701 | $69,000 | 3 | 2 | 1,996 | 1,996 SqFt |
| 109 Stowe Street, Jamestown, NY, 14701 | $45,000 | 6 | 2 | 2,479 | 2,479 SqFt |
| 438 Winsor Street, Jamestown, NY, 14701 | $24,000 | 4 | 2 | 1,418 | 1,418 SqFt |
| 622 E 6th Street, Jamestown, NY, 14701 | $34,500 | 4 | 2 | 2,282 | 2,282 SqFt |
| 280 Broadhead Avenue, Jamestown, NY, 14701 | $73,000 | 4 | 2 | 2,144 | 2,144 SqFt |
| 609 E 8th Street, Jamestown, NY, 14701 | $89,900 | 6 | 4 | 2,661 | 2,661 SqFt |
Similar Multifamily To 218 E 2nd Street #212-218
Nearby For Sale
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ByOwner last updated this listing 06/05/2026 @ 17:42
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