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  • $55,000

    196 Falconer St, Jamestown, NY 14701

    5beds
    2,546sqft
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    Triplex, Multi Family
    Built in 1876
    -- sqft lot
    $-- Zestimate®
    $22/sqft
    $-- HOA

    What's special

    Attention investors! Bring your vision and take advantage of the potential this three-unit property has to offer. With spacious units, flexible living areas, and renovations already underway, this property presents an excellent value-add opportunity for an investor looking to build equity and maximize rental potential. The first-floor unit offers two bedrooms with the possibility of a third, along with a living room, dining room, kitchen, pantry, and convenient in-unit laundry. The second-floor unit features two bedrooms, a family room, and additional living space in the attic, including one of the bedrooms and full bath. This unit is ready for renovation and offers plenty of space and possibilities for the new owner to make it their own. The basement unit has been completely gutted and is approximately 70% of the way through its remodel. Improvements already completed include new drywall, insulation, and some new plumbing. Even better, many of the materials needed to finish the project are already there, including a toilet, shower, vanity, flooring, and more. Whether you're an experienced investor, contractor, or someone looking for a multi-unit property where you can add value through improvements, this property offers plenty of potential. Finish the renovations, put your own touches on each unit, and turn this property into an income-producing investment!
    7 days
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    229
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    15
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    Zillow last checked:

    Listing updated:

    Listed by:

    Real Estate Advantage 716-484-2020,

    Holly Hackett 716-737-5411

    Source: NYSAMLSs,MLS#: R1707771MLS LogoOriginating MLS: Chautauqua-Cattaraugus

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 5
      • Bathrooms: 3
      • Full bathrooms: 3
      Heating
      • Gas, Stove, Wall Furnace
      Appliances
      • Included: Electric Water Heater, Gas Water Heater
      Features
      • Flooring: Carpet, Hardwood, Laminate, Varies
      • Basement: Partially Finished
      • Has fireplace: No
      Interior area
      • Total structure area: 2,546
      • Total interior livable area: 2,546 sqft
      • Finished area below ground: 672
      Video & virtual tour

      Property

      Parking
      • Parking features: Gravel, Two or More Spaces
      Features
      • Levels: Two
      • Stories: 2
      • Patio & porch: Deck
      • Exterior features: Deck
      Lot
      • Size: 3,598 Square Feet
      • Dimensions: 30 x 120
      • Features: Other, Rectangular, Rectangular Lot, See Remarks
      Details
      • Parcel number: 0608003700200003048000
      • Special conditions: Standard

      Construction

      Type & style
      • Home type: MultiFamily
      • Architectural style: Triplex
      • Property subtype: Triplex, Multi Family
      Materials
      • Vinyl Siding
      • Roof: Shingle
      Condition
      • Resale
      • Year built: 1876

      Utilities & green energy

      • Sewer: Connected
      • Water: Connected, Public
      • Utilities for property: Sewer Connected, Water Connected

      Community & HOA

      Location
      • Region: Jamestown

      Financial & listing details

      • Price per square foot: $22/sqft
      • Tax assessed value: $30,000
      • Annual tax amount: $1,633
      • Date on market: 8/17/2026
      • Listing terms: Cash,Conventional,Rehab Financing

        Estimated market value

        Not available

        Estimated sales range

        Not available

        $1,434/mo

        Price history

        DateEventPrice
        8/17/2026Listed for sale$55,000+48.6%$22/sqft
        Source: NYSAMLSs #R1707771 Report a problem
        1/21/1997Sold$37,000$15/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025-- $30,000
        2024-- $30,000
        2023-- $30,000
        2022-- $30,000
        2021-- $30,000
        2020-- $30,000 +20%
        2019-- $25,000
        2018-- $25,000
        2017$491 $25,000
        2016-- $25,000
        2015-- $25,000
        2014-- $25,000
        2013-- $25,000
        2012-- $25,000
        2011-- $25,000 -9.1%
        2010-- $27,500
        2009-- $27,500
        2008-- $27,500
        2007-- $27,500
        2006-- $27,500 +210%
        2005-- $8,870
        Find assessor info on the county website

        Monthly payment

        Estimated monthly payment$1,822
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: 14701

        Getting around

        56 / 100
        Somewhat Walkable
        32 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • Elementary: Carlyle C Ring Elementary
        • Middle: Washington Middle
        • High: Jamestown High
        • District: Jamestown

        Source: NYSAMLSs. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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