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  • $39,900

    205 Palmer St, Jamestown, NY 14701

    5beds
    1,636sqft
    Loading
    Multi Family
    Built in 1901
    -- sqft lot
    $-- Zestimate®
    $24/sqft
    $-- HOA

    What's special

    Two separate units
    **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** has strong potential for investors looking to expand their portfolio with a property positioned in a convenient, tenant-friendly area. 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 has 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 has solid investment potential in a convenient area.** *Add this property to your portfolio and take advantage of the income possibilities.* AS-IS
    134 days
    |
    213
    |
    9
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    EXP-Premier Listings Team 888-276-0630,

    Leah Comstock 716-485-1419

    Source: NYSAMLSs,MLS#: R1665369MLS LogoOriginating MLS: Chautauqua-Cattaraugus

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 5
      • Bathrooms: 2
      • Full bathrooms: 2
      Heating
      • Gas
      Appliances
      • Included: Gas Water Heater
      Features
      • Attic, Programmable Thermostat
      • Flooring: Hardwood, Laminate, Varies, Vinyl
      • Basement: Full
      • Has fireplace: No
      Interior area
      • Total structure area: 1,636
      • Total interior livable area: 1,636 sqft

      Property

      Parking
      • Total spaces: 2
      • Parking features: Common, Garage, Gravel, Two or More Spaces
      • Garage spaces: 2
      Features
      • Levels: Two
      • Stories: 2
      Lot
      • Size: 5,998 Square Feet
      • Dimensions: 50 x 120
      • Features: Rectangular, Rectangular Lot
      Details
      • Parcel number: 0608003870130006007000
      • Special conditions: Standard

      Construction

      Type & style
      • Home type: MultiFamily
      • Property subtype: Multi Family
      Materials
      • Aluminum Siding, Vinyl Siding
      • Foundation: Poured
      Condition
      • Resale
      • Year built: 1901

      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: $24/sqft
      • Tax assessed value: $50,000
      • Annual tax amount: $2,535
      • Date on market: 3/6/2026
      • Listing terms: Cash
      • Tenant pays: All Utilities

        Estimated market value

        Not available

        Estimated sales range

        Not available

        Not available

        Price history

        DateEventPrice
        3/6/2026Listed for sale$39,900$24/sqft
        Source: NYSAMLSs #R1665369 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025-- $50,000
        2024-- $50,000
        2023-- $50,000
        2022-- $50,000
        2021-- $50,000
        2020-- $50,000
        2019-- $50,000
        2018-- $50,000
        2017$981 $50,000
        2016-- $50,000
        2015-- $50,000
        2014-- $50,000
        2013-- $50,000
        2012-- $50,000
        2011-- $50,000
        2010-- $50,000
        2009-- $50,000
        2008-- $50,000
        2007-- $50,000
        2006-- $50,000 +320.9%
        2005-- $11,880
        2004-- $11,880
        2003-- $11,880
        2002-- $11,880
        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.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: 14701

        Getting around

        66 / 100
        Somewhat Walkable
        47 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • Elementary: Lincoln Elementary
        • Middle: Persell 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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