317 Fairmount Avenue, Jamestown, NY 14701
Local realty services provided by:ERA Team VP Real Estate
317 Fairmount Avenue,Jamestown, NY 14701
$2,550,000
- 33 Beds
- - Baths
- 28,060 sq. ft.
- Multi-family
- Active
Listed by: kristien olson
Office: propertymatch usa, llc.
MLS#:R1632258
Source:NY_GENRIS
Price summary
- Price:$2,550,000
- Price per sq. ft.:$90.88
About this home
Presenting a well-maintained 33-unit multifamily community that combines strong curb appeal, excellent tenant amenities, and consistently above-average occupancy. This property represents a rare opportunity to acquire a stabilized asset with both proven cash flow and continued upside through modernized unit renovations.
Property Highlights
• Unit Mix: 23 spacious two-bedroom apartments and 10 one-bedroom apartments, catering to a broad range of tenant demographics.
• Upgrades: Many units have been completely remodeled, offering modern finishes that attract quality tenants and command premium rents.
• Building Quality: Secure, well-kept building with on-site storage and garage parking available for select units—an attractive amenity that differentiates the property in the marketplace.
• Outdoor Features: Residents enjoy green space and a gazebo area, creating a sense of community and enhancing tenant retention.
• Management: Professional, attentive management has maintained occupancy levels consistently above market averages, ensuring reliable income and reduced turnover risk.
Investment Appeal
This 33-unit property offers investors the rare combination of stability and value-add potential. With a strong history of occupancy, upgraded units, and attractive amenities, the building generates steady cash flow while still leaving room to capture further upside through the continuation of interior renovations and potential operational efficiencies.
Ideal for both private investors and institutional buyers, this is a turnkey multifamily acquisition in a demand-driven rental market....
Contact an agent
Home facts
- Year built:1980
- Listing ID #:R1632258
- Added:205 day(s) ago
- Updated:March 14, 2026 at 02:51 PM
Rooms and interior
- Bedrooms:33
- Flooring:Carpet, Laminate, Varies, Vinyl
- Kitchen Description:Refrigerator
- Basement:Yes
- Living area:28,060 sq. ft.
Heating and cooling
- Cooling:Heat Pump
- Heating:Baseboard, Electric, Heat Pump
Structure and exterior
- Roof:Membrane, Rubber
- Year built:1980
- Building area:28,060 sq. ft.
- Lot Features:Rectangular
- Construction Materials:Brick
- Levels:3 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:$2,550,000
- Price per sq. ft.:$90.88
- Tax amount:$45,456
Features and amenities
- Appliances:Refrigerator
Parking
- Parking description:One Space
New listings near 317 Fairmount Avenue
- New
$50,000Active8 beds 3 baths3,780 sq. ft.43 Barrows Street, Jamestown, NY 14701
MLS# R1666618Listed by: WALROD REALTY - New
$89,000Active3 beds 1 baths750 sq. ft.341 E Virginia Boulevard, Jamestown, NY 14701
MLS# R1665972Listed by: CENTURY 21 TURNER BROKERS
$45,000Pending3 beds 1 baths2,082 sq. ft.22 W 9th Street, Jamestown, NY 14701
MLS# R1664597Listed by: CENTURY 21 TURNER BROKERS- New
$149,000Active3 beds 2 baths1,260 sq. ft.55 Harris Avenue, Jamestown, NY 14701
MLS# R1662953Listed by: CENTURY 21 TURNER BROKERS - New
$10,000Active3 Acres0 Willard Street, Jamestown, NY 14701
MLS# R1662967Listed by: CENTURY 21 TURNER BROKERS - New
$155,000Active3 beds 2 baths1,616 sq. ft.440 Front Street, Jamestown, NY 14701
MLS# R1666350Listed by: HOWARD HANNA HOLT - LAKEWOOD - New
$499,500Active14 beds 18 baths10,000 sq. ft.1103 W 3rd Street, Jamestown, NY 14701
MLS# R1665705Listed by: EXP-PREMIER LISTINGS TEAM - New
$25,000Active4 beds 2 baths2,132 sq. ft.121 Buffalo Street, Jamestown, NY 14701
MLS# R1662962Listed by: CENTURY 21 TURNER BROKERS - New
Listed by ERA$114,000Active2 beds 1 baths672 sq. ft.400 Broadhead Avenue, Jamestown, NY 14701
MLS# R1666062Listed by: ERA TEAM VP REAL ESTATE - New
Listed by ERA$34,900Active3 beds 2 baths980 sq. ft.6 Brookside #6, Jamestown, NY 14701
MLS# R1666097Listed by: ERA TEAM VP REAL ESTATE