14 Hedges AveJamestown, NY 14701

Property Details for 14 Hedges Ave

Property size (Sq ft)

15,765 SF

Property type

Retail properties

Property subtype

Residential income homes

Description

This exceptional investment opportunity presents a portfolio of eight single-family rental units located in Jamestown, Chautauqua County, New York. The portfolio boasts a total of 15,765 square feet and commands a compelling asking price of $599,900, translating to a price per square foot of $38.05. The properties are strategically situated across multiple addresses within the 14701 zip code, offering a diversified investment strategy. The portfolio generates a Net Operating Income (NOI) of $59,761.50, resulting in a 0.09% capitalization rate. This represents a strong foundation for potential investors seeking a stable and income-producing asset in a desirable location. The individual addresses included in this portfolio are: 14 Hedges Ave, 618 Newland Ave, 9 Myers Ave, 307 Newland Ave, 102 Williams St, 144 Barrett Ave, 15 Columbia Ave, and 178 Barrett Ave, all in Jamestown, NY. This portfolio offers a unique opportunity to acquire a substantial rental property with a proven track record of income generation. The properties are well-maintained and situated in a stable residential area, promising a consistent stream of rental income. This is an ideal investment for those seeking a diversified portfolio with strong potential for future appreciation.

Location Insight

City

Jamestown

County

Chautauqua

State

New York

Latitude

42.0983

Longitude

-79.2211

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