218 E 2nd Street #212-218, Jamestown, NY 14701

Jamestown
Local realty services provided by:HUNT Real Estate ERA
218 E 2nd Street #212-218,Jamestown, NY 14701
$549,900
  • 21 Beds
  • - Baths
  • 25,404 sq. ft.
  • Multi-family
  • Active
Listed by: carolyn lawson
Office: property sisters of chautauqua, inc.
MLS#:R1598521
Source:NY_GENRIS

Price summary

  • Price:$549,900
  • Price per sq. ft.:$21.65

About this home

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.

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Home facts

  • Year built:1910
  • Listing ID #:R1598521
  • Added:378 day(s) ago
  • Updated:May 14, 2026 at 02:38 PM

Rooms and interior

  • Bedrooms:21
  • Flooring:Carpet, Hardwood, Laminate, Varies
  • Kitchen Description:Refrigerator
  • Basement:Yes
  • Basement Description:Full
  • Living area:25,404 sq. ft.

Heating and cooling

  • Heating:Baseboard, Electric, Gas, Space Heater

Structure and exterior

  • Roof:Flat, Membrane, Rubber
  • Year built:1910
  • Building area:25,404 sq. ft.
  • Lot area:0.24 Acres
  • Lot Features:Rectangular
  • Construction Materials:Brick
  • Levels:3 Stories

Schools

  • High school:Jamestown High
  • Middle school:Washington Middle
  • Elementary school:Samuel G Love Elementary

Utilities

  • Water:Connected, Public, Water Connected
  • Sewer:Connected, Sewer Connected

Finances and disclosures

  • Price:$549,900
  • Price per sq. ft.:$21.65
  • Tax amount:$13,753

Features and amenities

  • Appliances:Gas Range, Refrigerator

Parking

  • Parking description:No Driveway, No Garage

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