402 Lafayette ST, Jamestown, NY 14701
402 Lafayette ST, Jamestown, NY 14701
402 Lafayette ST, Jamestown, NY 14701
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$365,000
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6,552 SqFt
Pending

402 Lafayette ST Jamestown, NY 14701

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Key Details

Property Type Commercial

Sub Type Apartment

Listing Status Pending

Purchase Type For Sale

Square Footage 6,552 sqft

Price per Sqft $55

MLS Listing ID R1695006

Construction Status Existing

HOA Y/N No

Year Built 1914

Annual Tax Amount $8,876

Lot Size 3,267 Sqft

Acres 0.075

Lot Dimensions 46X71

Property Sub-Type Apartment

Property Description

Exceptional investment opportunity! This well-maintained 12-unit brick apartment building offers twelve spacious one-bedroom, one-bath apartments, each featuring an open floor plan that appeals to today's renters. Updated windows throughout the building flood the apartments with natural light, creating bright and inviting living spaces. Many of the units have been updated with durable vinyl plank flooring, adding both style and low-maintenance appeal. The building's interior hallways showcase unique metal ceilings, giving the property a modern industrial vibe that sets it apart from typical apartment buildings. A rear fire escape adds functionality and convenience. Situated on a classic brick street, this property enjoys a prime location just minutes from downtown amenities and public transportation. Residents can take advantage of nearby restaurants, boutique shops, theaters, the renowned National Comedy Center, and the Northwest Arena, which now features a state-of-the-art Kids Zone. Whether you're looking to expand your portfolio or invest in a thriving rental market, this impressive income-producing property offers strong appeal and excellent long-term potential. Also listed under MLS #R1695027.

Location

State NY

County Chautauqua

Area Jamestown-City-060800

Zoning R-C

Rooms

Basement Partial

Interior

Heating Electric, Baseboard

Flooring Carpet, Linoleum, Vinyl

Inclusions Land and Building

Fireplace No

Exterior

Utilities Available Sewer Available

Roof Type Metal

Building

Lot Description Rectangular, Rectangular Lot

Story 3

Structure Type Brick

Construction Status Existing

Schools

Elementary Schools Lincoln Elementary

Middle Schools Persell Middle

High Schools Jamestown High

School District Jamestown

Others

Tax ID 060800-387-040-0001-033-000

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Special Listing Condition Standard


Listed by Century 21 Turner Brokers bburley@c21turnerbrokers.com

NEARBY SCHOOL & BUSINESS

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Revolution Real Estate

Revolution Real Estate

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+1(585) 653-7700

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402 Lafayette ST