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About This Home

This 5-bedroom, 4-bathroom residential multi family at 201 Forest Avenue in Jamestown, NY is listed for $139,000 ($50 per sqft). Built in 1900, the home offers 2,796 sqft of living space on a 0.21 acres lot.

Agent Description

This THREE UNIT property is the investment opportunity you have been waiting for. This 'turn-key' multi-family home offers significant income-generating potential-ideal for investors or those looking to live in one unit while renting the others. The upper apartment features a large kitchen, a generous dining room and living room, two well-sized bedrooms, and ample closet space for storage and one full bathroom.

This unit also includes access to a large attic, ideal for additional storage. First floor Apartment #1 offers a two-bedroom, one and a half bath layout with a small, functional kitchen and the convenience of in-unit laundry. First floor Apartment #2 (rear unit) features a spacious one-bedroom layout with a large kitchen and expansive living area.

This unit provides direct access to a deck overlooking a private, fully fenced yard-perfect for outdoor enjoyment. Additional highlights of this property include a new backflow preventer installed 04/2026, separate electric meters for each unit, a large double/private lot, new vinyl fencing, off street parking, detached garage, appliances included with each unit, some updated plumbing throughout and newer hot water tanks. Schedule your showing today!

Key Features

  • Built in 1900
  • 0.21 acre lot
  • 2 stories

Property Details

2 stories
3 full, 1 half
1900

Monthly Cost Estimate

$743/mo

20% down · 6.5% · 30 years

Principal$101
Interest$602
Insurance$41

Estimates only. Actual payments may vary.

Location

201 Forest Avenue

Jamestown, NY 14701

Property Details

Flooring

LaminateVariesCarpet

Construction

SprayFoamInsulation VinylSiding

Parking

Garage

Heating

BaseboardElectric (Heating)

Appliances

ElectricWaterHeater

Questions & Answers

This 5-bedroom, 4-bathroom residential multi family at 201 Forest Avenue is listed at $139,000 ($50/sqft). The estimated monthly payment is $602 based on 20% down at 6.5% interest.

Key features include: Built in 1900, 0.21 acre lot, 2 stories.

This property is listed by Holly Hackett and can be reached at 7167375411 or hollyhackett33@gmail.com.

HH

Holly Hackett

Agent at Real Estate Advantage

(716) 737-5411

Listed by Real Estate Advantage · View on Broker Site

MLS# R1676142· Source: listhub· Updated 39 days ago

Copyright © 2026 New York State Alliance of MLSs, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

201 Forest Avenue, Jamestown, NY 14701

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