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Patrick Stanchak
REALTOR®, Lic. Real Estate Salesperson
(716) 949-5452 Cell

205 Palmer Street, Jamestown, NY 14701

$39,900
  • 205 Palmer Street, Jamestown, NY 14701 Main Photo

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New to the Market Active
BEDS5 BATHS2 full SQUARE FEET1,636 MLS#R1665369
STATUSActive PROPERTY TYPEMulti Unit - Multiple SCHOOLJamestown

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** offers strong potential for investors looking to expand their portfolio with a property positioned in a convenient, tenant-friendly location. 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 offers 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 offers solid investment potential in a convenient location.** *Add this property to your portfolio and take advantage of the income possibilities.* AS-IS

205 Palmer Street | MLS# R1665369

This multi-family property located at 205 Palmer Street, Jamestown, NY 14701 is currently listed for sale with an asking price of $39,900. Palmer Street is located within the Jamestown school district. Search Jamestown real estate on pstanchak.mjpeterson.com today.

Property Features

Property Type: Multi Unit - Multiple
Basement: Full
Garage: 2
Heating: Gas
Lot Size: 0.14 Acres
Stories: 2.0
Taxes: $2,535
Year Built: 1901

Amenities

Attic
Programmable Thermostat

Feature Descriptions

Appliances: Gas Water Heater
Exterior: Aluminum Siding, Vinyl Siding
Flooring: Hardwood, Laminate, Varies, Vinyl
Lot: Rectangular, Rectangular Lot
Lot Dimensions: 50X120
Parcel#: 060800-387-013-0006-007-000
Parking: Common, Garage, Gravel, Two or More Spaces
Parking Notes: Common, Garage, Gravel, Two or More Spaces
Sewer: Connected
Units: 2
Utilities: Sewer Connected, Water Connected
Water: Connected, Public

Local Schools

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

Listed By / Shown By

Listing By

Agency Name: EXP-Premier Listings Team
Agency Contact: 716-485-1419

Shown By

Agent Name: Patrick Stanchak
Agent Phone: (716) 949-5452 Cell
Agency Title: MJ Peterson Real Estate

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Estimate Your Payment

Estimated Payment

$ 311.69 per month $88.80 Principal & Interest $211.25 Property Tax $11.64 Homeowner's Insurance

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Disclaimer: All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information on this site was last updated 03/07/2026. The listing information on this page last changed on 03/07/2026. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Delta Media Group MLS (last updated Sat 03/07/2026 1:18:15 AM EST) or New York State Alliance MLS (last updated Sat 03/07/2026 1:14:37 AM EST). Real estate listings held by brokerage firms other than MJ Peterson Real Estate may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. All rights reserved.
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