205 Palmer Street Jamestown, NY $ 39,900
205 Palmer Street
$ 39,900
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205 Palmer Street

Jamestown, NY, 14701
$ 39,900
Bedrooms5 Baths2.0 Sq 1,636

Monthly Estimate*

$ 246

205 Palmer Street, Jamestown, NY 14701 - Image 1
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205 Palmer Street, Jamestown, NY 14701 - Image 10
205 Palmer Street, Jamestown, NY 14701 - Image 11

Multi-Family Home for sale in Jamestown, NY

for $39,900 with 5 bedrooms and 2 full baths. This 1,636 square foot home was built in 1901 on a lot size of 0.1377.

**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

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Multi-Family Active

Price

$ 39,900

Bedrooms

5

Full Bath

2

Property Type

Multi-Family

Taxes

$ 2,535

Style

MultiFamily

Lot Size

0.1377

Year Built

1901

Town/City

Jamestown

County/Region

Chautauqua

MLS | Web ID

R1665369

Features
Interior
Interior Amenities Attic ProgrammableThermostat
Basement Full
Flooring Hardwood Laminate Varies Vinyl
Total Fireplaces 0
Total Stories 2
Basement (Y/N) Yes
Heating Y/N Yes
Fireplace Y/N No
Half Baths 0
Total Bedrooms 5
Main Level Bathrooms 0
Total Baths 2
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General
Sewer Connected
Heating Gas
Utilities SewerConnected WaterConnected
Possession Closing
Appliances GasWaterHeater
Garage Spaces 2.0
Construction Materials AluminumSiding VinylSiding
School District Jamestown
Year Built 1901
Tenant Pays AllUtilities
Stories Count 2
Township Not Applicable
Levels Two
Property Subtype MultiFamily
County Chautauqua
Property Type Residential
Garage Y/N Yes
Full Baths 2
Status Active
High School Jamestown High
City Jamestown
Senior Community Y/N No
High School District Jamestown
Number Of Units Total 2
MLS Area Jamestown-City-060800
Lot Size Units Acres
Lot Size Square Feet 6000.0
Elementary School Lincoln Elementary
Year Built Details Existing
Tax Annual Amount 2535.0
Middle/Junior High School Persell Middle
Property Condition Resale
Standard Status Active
Middle/Junior School District Jamestown
Elementary School District Jamestown
Tax Assessed Value 50000
TaxOtherAnnualAssessmentAmount 0.0
Tax Lot 7
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Exterior
Parking Features Common Garage Gravel TwoOrMoreSpaces
Lot Features Rectangular RectangularLot
Water Source Connected Public
Lot Size Area 0.1377
Foundation Details Poured
Building Area Total 1636.0
Lot Dimensions 50X120
Lot Size Acres 0.1377
Waterfront Y/N No
Number of Separate Gas Meters 2
Number of Separate Electric Meters 2
Road Frontage Type MainThoroughfare
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Internal Only
Street Number 1 205
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* Excluded Features
List By
Exp-Premier Listings Team

Broker

(716) 485-1419

Phone

Affordability Calculator

$457
Per Month
54%
46%
0%
Monthly Principal & Interest
$246
Monthly Property Taxes
$211
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
3323871 Elementary School
3323343 Middle School
Jamestown High High School
Pricing History
DatePricePrice ChangeDescription
3/6/2026$39,900 Listed Price

Map


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205 Palmer Street, Jamestown, NY, 14701 is a Multi-Family Home for sale at $39,900 with 1,636 sqft and a lot size of 0.1377. 205 Palmer Street has 5 bedrooms, 2.0 baths, and was built in 1901. The property's zip code is 14701 which is in Jamestown, NY