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Active
  • $549,900

    218 E 2nd St #212, Jamestown, NY 14701

    21beds
    0baths
    25,404sqft
    Loading
    Multi Family
    Built in 1910
    -- sqft lot
    $-- Zestimate®
    $22/sqft
    $-- HOA

    What's special

    BACK ON MARKET; BUYER FINANCING FAILED! Occupancy is the highest it’s been in years, and the current owner has completed numerous updates—making this 21-unit property a standout opportunity. This is an excellent investment for a savvy buyer seeking scale with the convenience of one centralized location. The property is operating smoothly with many improvements already completed. Current rent roll exceeds $13,000/month and continues to grow, offering immediate income with upside potential. There’s still room to increase value—implement strategic improvements to drive rents higher over time. The potential here is significant. Established property management has a strong relationship with tenants and is willing to remain in place, providing a seamless transition for the next owner.
    484 days
    |
    273
    |
    24
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Lawson Real Estate Chq., Inc. 716-613-4856,

    Carolyn Lawson 716-450-4795

    Source: NYSAMLSs,MLS#: R1598521MLS LogoOriginating MLS: Chautauqua-Cattaraugus

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 21
      • Bathrooms: 0
      Heating
      • Electric, Gas, Baseboard, Space Heater
      Appliances
      • Included: Electric Oven, Electric Range, Gas Oven, Gas Range, Gas Water Heater, Refrigerator
      Features
      • Flooring: Carpet, Hardwood, Laminate, Varies
      • Basement: Full
      • Has fireplace: No
      Interior area
      • Total structure area: 25,404
      • Total interior livable area: 25,404 sqft

      Property

      Parking
      • Parking features: Three or more Spaces, No Driveway, No Garage
      Features
      • Stories: 3
      Lot
      • Size: 10,319 Square Feet
      • Dimensions: 86 x 120
      • Features: Rectangular, Rectangular Lot
      Details
      • Parcel number: 0608003870410003010000
      • Special conditions: Standard

      Construction

      Type & style
      • Home type: MultiFamily
      • Property subtype: Multi Family
      Materials
      • Brick
      • Roof: Flat,Membrane,Rubber
      Condition
      • Resale
      • Year built: 1910

      Utilities & green energy

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

      Community & HOA

      Community
      • Features: None
      • Subdivision: A F Allen Brown
      Location
      • Region: Jamestown

      Financial & listing details

      • Price per square foot: $22/sqft
      • Tax assessed value: $263,000
      • Annual tax amount: $13,753
      • Date on market: 4/10/2025
      • Cumulative days on market: 295 days
      • Listing terms: Cash,Conventional

        Estimated market value

        Not available

        Estimated sales range

        Not available

        $1,006/mo

        Price history

        DateEventPrice
        4/1/2026Price change$549,900-15.4%$22/sqft
        Source: NYSAMLSs #R1598521 Report a problem
        11/20/2025Pending sale$649,900$26/sqft
        Source: NYSAMLSs #R1598521 Report a problem
        11/18/2025Contingent$649,900$26/sqft
        Source: NYSAMLSs #R1598521 Report a problem
        10/13/2025Listed for sale$649,900$26/sqft
        Source: NYSAMLSs #R1598521 Report a problem
        10/10/2025Contingent$649,900$26/sqft
        Source: NYSAMLSs #R1598521 Report a problem
        4/10/2025Listed for sale$649,900$26/sqft
        Source: NYSAMLSs #R1598521 Report a problem

        Public tax history

        Tax history is unavailable.

        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

        87 / 100
        Very Walkable
        37 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • Elementary: Samuel G Love 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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