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Kevin Lucero

Lic. Real Estate Salesperson

a Charlotteville Realty Team

Independently Owned & Operated

607-282-6242kevin@homesfarmsandland.com

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

218 E 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 E 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 Market430 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 E 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
430 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
    Lawson Real Estate Chq., Inc.
  • Last Updated
    18 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
    430 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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