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For Sale

$340,000

505 And 511 Fairmount Avenue
Jamestown, NY 14701

Sqft 4,524 sqft
Exceptionally well maintained and updated 2 separate multi-family homes in West Ellicott offered together as a packaged property. 511 Fairmount has a two car garage and 4 car spaces. The lower unit has 2 bedrooms and 1 bath with an electric kitchen. One bedroom has 2 large closets with upper storage and rents for $900/month. The upper unit has a large bathroom, newer windows with a bay window in the living room. The kitchen has a gas stove and rents for $800/month. A "Scooby Doo" doorway on the first floor in the front of the building houses a cabinet between the 2 apartments that could easily be removed and turn this property into a single family home. 505 Fairmount also has a 2 car garage with an asphalt driveway and spaces for 3 cars. There is a shared laundry in the basement with separate laundry shoots. The lower unit has wood floors throughout, 3 bedrooms, a Jack and Jill bathroom, and a gas stove in the kitchen. It rents for $950/month. The upper unit has wood floors with a carpeted sun room and dining room. It rents for $975/month. Great location and limitless possibilities for an investor or a family to generate income while living there. Read More

Market Status
Available
Last Updated
June 11, 2021

Property Type
Rental Complex For Sale
Year Built
1928
Stories
2
Heating System
Fireplace; Hot Water
Roof
Asphalt
Stories
2.0
Heating Fuel
Natural Gas
Exterior Construction
Vinyl Siding
Garage
-
Patio
-
Fireplace
-
Floors
Carpet; Hardwood
Taxes
7346
Property Type
MultiFamily; Apartment
Additional Features
Lawn,Southwestern Middle,Southwestern; Southwestern; Southwestern,Southwestern Senior High,Southwestern Elementary
Additional Features
Lawn,Southwestern Senior High,Southwestern Elementary,Southwestern; Southwestern; Southwestern,Southwestern Middle
Additional Features
Lawn,Southwestern; Southwestern; Southwestern,Southwestern Middle,Southwestern Senior High,Southwestern Elementary
Additional Features
Southwestern Elementary,Lawn,Southwestern Senior High,Southwestern Middle,Southwestern; Southwestern; Southwestern
Additional Features
Southwestern Elementary,Southwestern Senior High,Lawn,Southwestern; Southwestern; Southwestern,Southwestern Middle
Additional Features
Southwestern Elementary,Southwestern Senior High,Southwestern Middle,Southwestern; Southwestern; Southwestern,Lawn
Additional Features
Southwestern Elementary,Southwestern Senior High,Southwestern; Southwestern; Southwestern,Southwestern Middle,Lawn
Additional Features
Southwestern Elementary,Southwestern; Southwestern; Southwestern,Southwestern Middle,Lawn,Southwestern Senior High
Additional Features
Southwestern Middle,Lawn,Southwestern Senior High,Southwestern Elementary,Southwestern; Southwestern; Southwestern
Additional Features
Southwestern Middle,Lawn,Southwestern; Southwestern; Southwestern,Southwestern Senior High,Southwestern Elementary
Additional Features
Southwestern Middle,Southwestern Senior High,Lawn,Southwestern; Southwestern; Southwestern,Southwestern Elementary
Additional Features
Southwestern Senior High,Southwestern Elementary,Lawn,Southwestern; Southwestern; Southwestern,Southwestern Middle
Additional Features
Southwestern; Southwestern; Southwestern,Southwestern Elementary,Southwestern Middle,Lawn,Southwestern Senior High

Local Market Conditions

There are currently 52 properties for sale in the Jamestown, NY area with the average listing price of $105,511. This represents an increase of +4.9% over the previous week. The 3 bedroom homes saw the largest increase in the average listing price over the previous week with a +11.7% increase. To learn more about the Jamestown, NY area, contact a local expert!

Market Snapshot for Jamestown, NY

Avg. Listing Price

$105,511

Wk ending Jun 12

$+4,944

+4.9%

w-o-w

52

62

46

24

6

2

Average Listing Price for Jamestown, NY
No. BedroomsNo. Beds Week Ending
(Jun 12)
w-o-w Week Ending
(Jun 5)
Week Ending
(May 29)
Week Ending
(May 22)
All PropertiesAll $105,511 +4.9% $100,567 $101,637 $88,339
1 bedroom1 BR - +0.0% - - -
2 bedrooms2 BR $76,367 -0.5% $76,786 $117,675 $54,567
3 bedrooms3 BR $108,914 +11.7% $97,529 $95,448 $83,290
4 bedrooms4 BR $111,289 -1.4% $112,836 $111,764 $109,440

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Listing Provided By:

Mark Sleggs

Phone
This $340,000 Rental Complex For Sale at 505 And 511 Fairmount Avenue in Jamestown, NY is presented by Mark Sleggs. This $340,000 Rental Complex For Sale, located in the 14701 zip code, has the following property features: Heating Fuel, Southwestern Elementary,Southwestern Senior High,Southwestern Middle,Southwestern; Southwestern; Southwestern,Lawn, Roof, Southwestern Elementary,Southwestern Senior High,Lawn,Southwestern; Southwestern; Southwestern,Southwestern Middle. This 505 And 511 Fairmount Avenue Rental Complex For Sale is listed under MLS listing number R1332484 and has a listing price of $340,000. You can find more Jamestown homes for sale here.

Data Provided by Upstate New York Real Estate Information Services LLC


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