205 Palmer Street, Jamestown, NY 14701

$25,000
5
BD
2
BA
1,636
SqFt

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Sold Price
$25,000
List Price
$39,900
Status
CLOSED
MLS#
R1665369
Closing Date
Oct 06, 2026
Year Built
1901
Stories
2
Bedrooms
5
Bathrooms
2
Acres
0.14
Living Area
1,636
Region
Jamestown

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

Additional Information

Taxes
$2,535
Interior Features
Attic, Programmable Thermostat
School District
Jamestown
Elementary School
Lincoln Elementary
Middle School
Persell Middle
High School
Jamestown High
Water
Connected, Public
Sewer
Connected
Garage Spaces
2

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Listing courtesy of EXP-Premier Listings Team. Contact: 716-485-1419

Selling Office: Lawson Real Estate Chq., Inc..