Jamestown, NY 14701 614-616 Lafayette Street # 614
$625,000
45 more
Presented By: Michael McVinney with ERA Team VP Real Estate;
Beds • 11
SQFT • 2,730
Garage • 1
Home Details
This is a great investment opportunity, all within Jamestown NY.
11 residential units across 5 properties (614-616 Lafayette St, 49 Liberty St, 1128 N Main St, 110 Charles St, 11 Delaware Ave). The Seller did tons of renovations on the portfolio that is estimated to be near $300,000. ALL units are occupied ensuring a good cap rate and immediate income. Tenants pay utilities. Taxes are all properties combined.
Presented By: Michael McVinney with ERA Team VP Real Estate;
Interior Features for 614-616 Lafayette Street # 614
Bedrooms
Total Bedrooms11
Bathrooms
Main Level Bathrooms0
Total Baths
Other Interior Features
BasementFull
Basement (Y/N)Yes
Fireplace Y/NNo
FlooringCarpet, Hardwood, LuxuryVinyl, Varies, Vinyl
Heating Y/NYes
Total Fireplaces
Total Stories2
General for 614-616 Lafayette Street # 614
AppliancesGasWaterHeater, SeeRemarks
CityJamestown
Community FeaturesOther, SeeRemarks
Construction MaterialsVinylSiding
CountyChautauqua
DirectionsTurn off of W 7th St onto Lafayette St, 3rd house on the right.
Elementary SchoolSamuel G Love Elementary
Elementary School DistrictJamestown
Garage Spaces1.0
Garage Y/NYes
Gross Income91006.0
HeatingGas, Baseboard, ForcedAir
High SchoolJamestown High
High School DistrictJamestown
LevelsTwo
Lot Size Square Feet3750.0
Lot Size UnitsAcres
MLS AreaJamestown-City-060800
Middle/Junior High SchoolPersell Middle
Middle/Junior School DistrictJamestown
Net Operating Income52820.0
Number Of Units Total11
Operating Expense28070.0
OwnerPaysOther, SeeRemarks
PossessionCloseOfEscrow
Property ConditionResale
Property Sub Type AdditionalOther
Property SubtypeOther
Property TypeMultiFamily
Rent IncludesOther, SeeRemarks
RoofAsphalt
School DistrictJamestown
Senior Community Y/NNo
SewerConnected
Standard StatusActive
StatusActive
Stories2
Tax Annual Amount10116.0
Tax Assessed Value194800
Tax Lot45
TaxOtherAnnualAssessmentAmount0.0
TownshipNot Applicable
Unit Number614
UtilitiesSewerConnected, WaterConnected
Year Built1910
Year Built DetailsExisting
Exterior for 614-616 Lafayette Street # 614
Building Area Total2730.0
Exterior AmenitiesConcreteDriveway, GravelDriveway
Gulf-FrontNo
Lot Dimensions50X75
Lot FeaturesResidentialLot
Lot Size Acres0.0861
Lot Size Area0.0861
Number of Separate Electric Meters11
Number of Separate Gas Meters11
Parking FeaturesTwoSpaces, Garage
Road Frontage TypeCityStreet
Water SourceConnected, Public
