317 Fairmount Avenue
Jamestown, NY, 14701
$2,550,000
33 Beds
0 Baths
28,060 SqFt
0 Acres
Add
MLS #R1632258 image #0
Presenting a well-maintained 33-unit multifamily community that combines strong curb appeal, excellent tenant amenities, and consistently above-average occupancy. This property represents a rare opportunity to acquire a stabilized asset with both proven cash flow and continued upside through modernized unit renovations.

Property Highlights
• Unit Mix: 23 spacious two-bedroom apartments and 10 one-bedroom apartments, catering to a broad range of tenant demographics.
• Upgrades: Many units have been completely remodeled, offering modern finishes that attract quality tenants and command premium rents.
• Building Quality: Secure, well-kept building with on-site storage and garage parking available for select units—an attractive amenity that differentiates the property in the marketplace.
• Outdoor Features: Residents enjoy green space and a gazebo area, creating a sense of community and enhancing tenant retention.
• Management: Professional, attentive management has maintained occupancy levels consistently above market averages, ensuring reliable income and reduced turnover risk.

Investment Appeal

This 33-unit property offers investors the rare combination of stability and value-add potential. With a strong history of occupancy, upgraded units, and attractive amenities, the building generates steady cash flow while still leaving room to capture further upside through the continuation of interior renovations and potential operational efficiencies.

Ideal for both private investors and institutional buyers, this is a turnkey multifamily acquisition in a demand-driven rental market.

Property Details

Price:
$2,550,000
MLS #:
R1632258
Status:
Active
Beds:
33
Baths:
0
Type:
Single Family
Subtype:
Commercial
Neighborhood:
jamestowncity060800
Listed Date:
Aug 20, 2025
Finished Sq Ft:
28,060
Total Sq Ft:
28,060
Year Built:
1980
Jamestown-city-060800Jamestowncity060800JamestownLincoln ElementaryPersell MiddleJamestown HighProbate

Ask a Question

See this Listing

Send
  

Schools

School District:
Jamestown
Elementary School:
Lincoln Elementary
Middle School:
Persell Middle
High School:
Jamestown High

Interior

Appliances
Electric Cooktop, Electric Oven, Electric Range, Refrigerator
Cooling
Heat Pump
Flooring
Carpet, Laminate, Luxury Vinyl, Varies, Vinyl
Heating
Electric, Heat Pump, Baseboard
Laundry Features
Coin Operated

Exterior

Community Features
Laundry Facilities, Storage Facilities
Construction Materials
Brick
Exterior Features
Blacktop Driveway
Parking Features
One Space
Roof
Membrane, Rubber

Financial

Taxes
$45,456

Map

Community

Market Summary

Current real estate data for Single Family in Jamestown as of Mar 07, 2026
85
Single Family Listed
114
Avg DOM
59
Avg $ / SqFt
$130,627
Avg List Price

Property Summary

    317 Fairmount Avenue Jamestown NY is a Single Family for sale in Jamestown, NY, 14701. It is listed for $2,550,000 and features 33 beds, 0 baths, and has approximately 28,060 square feet of living space, and was originally constructed in 1980. The current price per square foot is $91. The average price per square foot for Single Family listings in Jamestown is $59. The average listing price for Single Family in Jamestown is $130,627. To schedule a showing of MLS#r1632258 at 317 Fairmount Avenue in Jamestown, NY, contact your Concrete Jungle Realty agent at 3472420937.

Similar Listings Nearby

317 Fairmount Avenue
Jamestown, NY