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a Charlotteville Realty Team

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607-282-6242kevin@homesfarmsandland.com

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      Property at 218 2nd Street, Jamestown, NY 14701
      ACTIVE
      $100,000
      $549,900

      218 2nd StreetJamestown, NY, 14701

      Unit • 212-21821 Beds25,404 SqFt0.2369 Acres
      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.
      1 / 50

      Est. Monthly

      $2,607/mo

      $549,900
      $100,000

      218 2nd Street, Jamestown, NY

      Unit • 212-21821 Beds25,404 SqFt0.2369 Acres

      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.

      StatusActive
      Property TypeMulti Family
      Property SubtypeOther
      Year Built1910
      Days on Market391 days

      Est. Monthly Payment

      $2,606.51

      %
      %
      yr

      Private Mortgage Insurance

      Not required

      Affordability Checkoptional
      $

      Enter your annual income to check affordability

      Property Details

      Property Information

      218 2nd Street

      Jamestown, NY 14701 • Chautauqua
      21
      Beds
      —
      Baths
      25,404
      SqFt
      0.2369
      Acres
      Status
      Active
      Property Type
      Multi Family
      Property Subtype
      Other
      Year Built
      1910116 years ago
      Days on Market
      391 days
      Tax History
      Estimated values, may not reflect current amounts.
      • Annual Tax Amount
        $13,753
      Property History
      • Price reduced
        Apr 1, 2026 • NYSAMLS • R1598521
        $649,900 → $549,900
      • Listed for sale
        Apr 10, 2025 • NYSAMLS • R1598521
        $649,900
      Mortgage Calculator
      Estimated monthly payment for this property
      $2,606.51
      Down Payment
      Interest Rate
      Loan Term
      %
      %
      yearsyrs.
      Affordability Checkoptional
      $

      Enter your annual income to see if this home fits your budget

      Private Mortgage Insurance

      Not required — down payment above 20%
      MLS Information
      • Source
        NYSAMLS
      • MLS#
        R1598521
      • Listing Office
        Property Sisters of Chautauqua, Inc.
      • Last Updated
        7 days ago

      Appliances

      • Appliances
        • Electric Oven
        • Electric Range
        • Gas Oven
        • Gas Range
        • Gas Water Heater
        • Refrigerator

      Climate & Systems

      • Heating
        • Electric
        • Gas
        • Baseboard
        • Space Heater

      Interior Features

      • Flooring
        • Carpet
        • Hardwood
        • Laminate
        • Varies
      • Basement
        Full

      Parking

      • Parking Features
        • Three Or More Spaces
        • No Driveway
        • No Garage

      Lot & Grounds

      • Lot Size
        0.2369 acres
      • Lot Features
        • Rectangular
        • Rectangular Lot

      Type

      • Property Type
        Multi Family
      • Property Subtype
        Other

      Structure

      • Construction
        Brick
      • Roof
        • Flat
        • Membrane
        • Rubber

      Condition

      • Year Built
        1910
      • Condition
        Resale
      • Days on Market
        391 days
      • Water
        Connected
      • Sewer
        Connected
      • Utilities
        • Sewer Connected
        • Water Connected

      607-282-6242, (607) 282-6242, or +1 607 282 6242

      Kevin Lucero

      Kevin Lucero

      Lic. Real Estate Salesperson

      CallEmail
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