$39,900

205 Palmer Street, Jamestown, NY 14701

  • 5 beds |
  • 2 baths |
  • 1,636 sqft
  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in 1901
  • Property Lot Size Icon5,998sqft lot
  • Property Parking Icon 2 car garage
  • Property Price Per Square Feet Icon $24/sqft
  • Property List Date Icon Listed 1 month ago

Property Description

**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

Listing Status:
Active
Date Added:
March 6, 2026
Data Last Updated:
May 1, 2026 at 11:17PM
Listing Office:
EXP-Premier Listings Team : 888-276-0630
Listing Agent:
Leah Comstock : 716-485-1419
MLS ID:
R1665369
  • General: AtticProgrammable Thermostat
  • Appliances: Gas Water Heater
  • Basement: Full
  • Flooring: HardwoodLaminateVariesVinyl
  • Heating: Gas
  • Fireplace: Fireplaces: 0
  • Parking: CommonGarageGravelTwo or More Spaces
  • General: Aluminum SidingVinyl Siding2Poured
  • Road/Access: Main Thoroughfare
  • Originating MLS: NYS_CC
  • School District: Jamestown
  • County: Chautauqua
  • Zoning: 060800-387-013-0006-007-000
  • Utilities: Sewer ConnectedWater Connected
  • Water: ConnectedPublic
  • Sewer: Connected
  • Source: NYS_CC

This listing courtesy of Leah Comstock , EXP-Premier Listings Team

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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