269-271 Fairmount Avenue

Jamestown, NY 14701

$199,900
Price
Beds
6,864 Sq. Ft.
$29 / Sq. Ft.
6,864
Sq. Ft.
$29
per Sq. Ft.

Description

Here is a 7 unit property that has 6 units rented. Brand new Rolled Rubber roof less than a year ago. Owner pays electric, sewer, water, garbage bill and tenants pay for gas. Rents are 1st floor 500, 500, vacant; 2nd Floor 725,725; 3rd Floor 500,600. Vacant first floor unit has a potential tenant lined up. Annual income of 42,600 with one vacant empty, potential of 50,000 a year. Seller pays BPU bill of 10-11,000 a year. Pictures of apartments are available to qualified buyers.Here is a 7 unit property that has 6 units rented. Brand new Rolled Rubber roof less than a year ago. Owner pays electric, sewer, water, garbage bill and tenants pay for gas. Rents are 1st floor 500, 500, vacant; 2nd Floor 725,725; 3rd Floor 500,600. Vacant first floor unit has a potential tenant lined up. Annual income of 42,600 with one vacant empty, potential of 50,000 a year. Seller pays BPU bill of 10-11,000 a year. Pictures of apartments are available to qualified buyers.
  1. Listed by Daniel Terhune • Century 21 Turner Brokers
    P: 716-763-7506 C: 716-969-1702 danterhune@c21turnerbrokers.com

Property Details for 269-271 Fairmount Avenue

Subdivision Comm Complex
Broadhead Fisher & Wade M
On Waterfront
No
Parking Description
Surfaced
Zoning Code
482
Nearest Cross Street
Lakin

Location

Listing Courtesy of Century 21 Turner Brokers
Add your commute
LISTING UPDATED: 04/25/2024 02:19 PM

Property Details for 269-271 Fairmount Avenue

StatusActive
MLS #R1527642
Days on Market32
Taxes$2,476 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeApartment
MLS TypeCommercial Sale / Apartment
Year Built1920
Lot Size0.14 AC / 5,936 SF
CountyChautauqua County

Location

Listing Courtesy of Century 21 Turner Brokers
Add your commute

Building Information for 269-271 Fairmount Avenue

Stories3Residences7Year Built1920Lot Size0.14 AC / 5,936 SF

Payment Calculator

$1,297 per month

30 year fixed, 7.25% Interest

Principal and Interest

$1,091

Property Taxes

$206

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 269-271 Fairmount Avenue

Summary
Location and General Information
  • Elementary School Name: Lincoln Elementary
  • Elementary School District: Jamestown
  • High School Name: Jamestown High
  • High School District: Jamestown
  • Middle School Name: Persell Middle
  • Middle Or Junior School District: Jamestown
  • Village: Not Applicable
  • Human YN: Yes
Parking
  • Parking Total: 8.00
Taxes and HOA Information
  • Area NYSWIS Code: Jamestown-City-060800
  • Tax Annual Amount: $2,476.00
Property
Lot Information
  • Building Area Total: 6864.0
  • Land Features: Rectangular
  • Num Of Acres: 0.1363
  • Lot Size Area: 0.1363
  • Lot Size Square Feet: 5936.0
  • Lot Size Units: Acres
  • Num Of Buildings: 1
  • Parcel Number: 060800-387-009-0001-035-000
  • Possible Uses: Residential, Retail
  • Lot Number: 35
Property and Assessments
  • Property Condition: Resale
  • Assessed Value: $48,000
  • Year Built: 1920
  • Year Built Description: Existing
  • Zoning Description: Commercial
  • Property Sub Type Additional: Apartment, Mixed Use
Utilities
  • Sewer Description: Public Sewer
  • Utilities Available: Sewer Connected, Water Connected
  • Water Supply: Public
Interior and Exterior Features
Exterior Features
  • Construction Materials: Brick
  • Roof Description: Membrane, Rubber
Interior Features
  • Basement Description: Full
  • Basement YN: Yes
  • Num Fireplaces Total Calculated: 0
  • Fireplace YN: No
  • Floor Description: Carpet, Hardwood, Varies
  • Heating: Electric, Gas, Baseboard, Space Heater
  • Heating YN: Yes
  • Sq Ft Total: 6864.0
  • Main Level Bathrooms: 0
Multi Family
Multi-Family Information
  • Gross Annual Income: $50,100.00
  • Net Operating Income: $36,624.00
  • Number Of Units Total: 7
  • Operating Expenses: $11,000.00
  • Operating Expense Includes: Electric, Trash, Water Sewer
  • Stories: 3
  • Stories Total: 3
Rental
Rental Information
  • Lease YN: No
  • Lease Amount Per Area Unit: Dollars Per Square Foot

Property History for 269-271 Fairmount Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 269-271 Fairmount Avenue

Taxable ValueLand$11,900Additions$36,100Total$48,000
Tax Record2020$1,619 ($135 / month)
Home Facts
Total Finished SqFt6,864 SqFtAbove Grade Finished SqFt6,864 SqFtStories3Lot Size5,936 SqFtStyleOffice BuildingYear Built1920CountyCHAUTAUQUAAPN060800 387.09-1-35

Schools near 269-271 Fairmount Avenue

This home is within Jamestown City School District.
Rating
School
Type
Grades
Distance
Public - PK to 4
Public - 5 to 8
Public - 9 to 12
Public - PK to 4
Rating
School
Distance
Abraham Lincoln Elementary School
PublicPK to 4

Persell Middle School
Public5 to 8

Jamestown High School
Public9 to 12

Samuel G Love Elementary School
PublicPK to 4

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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269-271 Fairmount Avenue is for sale in Jamestown, NY 14701. This property was listed for sale on March 28, 2024 by Century 21 Turner Brokers, it's currently listed at $199,900. It has been on the market for a total of 32 days and was last sold on November 8, 2021. This listing's school district is Jamestown City School District. Nearby schools include Abraham Lincoln Elementary School, Persell Middle School and Jamestown High School. 269-271 Fairmount Avenue is a 0-bed, 0-bath, 6,864 sqft built in 1920.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Century 21 Turner Brokers

Based on information from one of the following Multiple Listing Services: WNYREIS and Greater Binghamton Association of REALTORS. Information being provided is for the visitor's personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by WNYREIS and Greater Binghamton Association of REALTORS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.