205 Palmer Street, Jamestown, NY 14701
Local realty services provided by:HUNT Real Estate ERA
205 Palmer Street,Jamestown, NY 14701
$39,900
- 5 Beds
- 2 Baths
- 1,636 sq. ft.
- Multi-family
- Active
Listed by: leah comstock
Office: exp-premier listings team
MLS#:R1665369
Source:NY_GENRIS
Price summary
- Price:$39,900
- Price per sq. ft.:$24.39
About this home
**Investor Opportunity – 205 Palmer St Two-Unit Rental Property**
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...
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Home facts
- Year built:1901
- Listing ID #:R1665369
- Added:68 day(s) ago
- Updated:May 14, 2026 at 02:38 PM
Rooms and interior
- Bedrooms:5
- Total bathrooms:2
- Full bathrooms:2
- Flooring:Hardwood, Laminate, Varies, Vinyl
- Basement:Yes
- Basement Description:Full
- Living area:1,636 sq. ft.
Heating and cooling
- Heating:Gas
Structure and exterior
- Year built:1901
- Building area:1,636 sq. ft.
- Lot area:0.14 Acres
- Lot Features:Rectangular
- Construction Materials:Vinyl Siding
- Foundation Description:Poured
- Levels:2 Stories
Schools
- High school:Jamestown High
- Middle school:Persell Middle
- Elementary school:Lincoln Elementary
Utilities
- Water:Connected, Public, Water Connected
- Sewer:Connected, Sewer Connected
Finances and disclosures
- Price:$39,900
- Price per sq. ft.:$24.39
- Tax amount:$2,535
Features and amenities
- Amenities:int_feat_Attic
Parking
- Parking description:Common, Garage, Gravel Driveway
- Garage:Yes
- Garage spaces:2
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