For Sale
$375,000

90 Forest AveJamestown, NY 14701

Ten-unit building, strong rental history, great cash flow.

Overview

Added:
Dec 11, 2024
Days on market:
114
This exceptional ten-unit multifamily property, located at 90 Forest Ave. in Jamestown, New York (zip code 14701), presents a compelling investment opportunity. The property boasts a total of 6,482 square feet and offers a mix of studio, one-bedroom, and two-bedroom units, catering to a diverse range of tenants. Its convenient location near public transportation and shopping ensures high tenant occupancy and satisfaction. The building is well-maintained and features off-street parking, a significant advantage for residents. Historical data demonstrates a strong and consistent rental history, providing investors with reliable cash flow and a predictable return on investment. This turnkey property is situated in Chautauqua County and is ideally positioned to benefit from potential rent growth in the Jamestown area. The asking price for this multifamily investment property is $375,000. This represents a rare opportunity to acquire a well-established, income-generating asset in a desirable location. The property's blend of unit sizes and its strong rental history make it an attractive proposition for both seasoned and new investors seeking a stable and profitable investment. The property is classified as both an apartment building and commercial property, offering flexibility and potential for future development.

Highlights

  • Ten-unit multifamily property at 90 Forest Ave., Jamestown, NY 14701.
  • 6,482 square feet with a mix of studio, one-bedroom, and two-bedroom units.
  • Excellent location near public transportation and shopping, ensuring high occupancy.
  • Well-maintained building with off-street parking.
  • Strong rental history providing reliable cash flow.
  • Asking price: $375,000.

Property Details for 90 Forest Ave

Property type
Land, Apartment buildings
Square Feet
6,482 SF
Units
10

Location Insight

City
Jamestown
County
Chautauqua
State
New York
Latitude
42.090687
Longitude
-79.2408556
90 Forest Ave, Jamestown, New York

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90 Forest Ave
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