205 Palmer Street, Jamestown, NY 14701

New - 13 Hours Ago

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Property Description

**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** offers strong potential for investors looking to expand their portfolio with a property positioned in a convenient, tenant-friendly location. 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 offers 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 offers solid investment potential in a convenient location.** *Add this property to your portfolio and take advantage of the income possibilities.* AS-IS

205 Palmer Street | MLS# R1665369

This home located at 205 Palmer Street, Jamestown, NY 14701 is currently listed for sale with an asking price of $39,900. This property was built in 1901 and has 5 bedrooms and 2 full baths with 1636 sq. ft. Palmer Street is located within the Jamestown school district. Search Jamestown real estate on www.timberlandproperties.com today.

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Property Features

Property Type: Residential -
Basement: Full
Garage: 2
Heating: Gas
Lot Size: 0.14 Acres
Stories: 2.0
Taxes: $2,535
Year Built: 1901

Amenities

Attic
ProgrammableThermostat

Feature Descriptions

Appliances: GasWaterHeater
Exterior: AluminumSiding, VinylSiding
Flooring: Hardwood, Laminate, Varies, Vinyl
Lot: Rectangular, RectangularLot
Lot Dimensions: 50X120
Parcel#: 060800-387-013-0006-007-000
Parking: Common, Garage, Gravel, TwoOrMoreSpaces
Parking Notes: Common, Garage, Gravel, TwoOrMoreSpaces
Sewer: Connected
Units: 2
Utilities: SewerConnected, WaterConnected
Water: Connected, Public

Local Schools

High School: Jamestown High
Middle School: Persell Middle
Elementary School: Lincoln Elementary
School District: Jamestown

Estimate Your Payment

Estimated Payment

$ 311.69 per month $88.80 Principal & Interest $211.25 Property Tax $11.64 Homeowner's Insurance

Change Payment Information

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years/fixed
yearly
yearly (est.)
(Payments are an estimate and may vary by lender)

Demographics

Listed By / Shown By

Listing By

Agency Name: EXP-Premier Listings Team
Agency Contact: 716-485-1419

Shown By

Agency Title: Timberland Properties
Agency Phone: 845-586-3321

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