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  • $25,000

    205 Palmer St, Jamestown, NY 14701

    5beds
    1,636sqft
    Multi Family
    Built in 1901
    -- sqft lot
    $-- Zestimate®
    $15/sqft
    $1,006 Estimated rent

    Home value

    Not available

    Estimated sales range

    Not available

    $1,006/mo

    Zestimate® history
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    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

    Zillow last checked:

    Listing updated:

    Listed by:

    Leah Comstock 716-485-1419,

    EXP-Premier Listings Team

    Bought with:

    Carolyn Lawson, 10311210826

    Lawson Real Estate Chq Inc.

    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: $15/sqft
    • Tax assessed value: $50,000
    • Annual tax amount: $2,535
    • Date on market: 3/6/2026
    • Cumulative days on market: 153 days
    • Listing terms: Cash
    • Tenant pays: All Utilities

    Price history

    DateEventPrice
    10/6/2026Sold$25,000-37.3%$15/sqft
    Source: NYSAMLSs #R1665369 Report a problem
    8/7/2026Pending sale$39,900$24/sqft
    Source: NYSAMLSs #R1665369 Report a problem
    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

    Neighborhood: 14701

    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.