622 Spring Street

Estimated Monthly Payment: $31,958/mo 622 Spring Street, Jamestown, NY 14701 MLS# B1177850 Commercial Sale Listing Status: Active
2,361 sqft
159
103
0
0

REMARKS:

110 residential rental properties totaling 197 units all within the Jamestown City Limits. Perfect opportunity for a high cash return on investment with a 13%+ CAP rate. All properties are located within a 1.5 Mi radius of each other. Properties break out into 51 Single Family Homes, 45 Two Unit Homes, 6 Three Unit Homes, 4 Four Unit Homes, 2 Mixed Use Buildings and 1 Vacant Land Parcel. All utilities, including water, are separate (with the exception of the 2 mixed use buildings). All tenants are on month to month leases. Full management team of 3 currently in place willing to continue with new owner. Contact me for full list of income and expenses as well as a full list of properties, rents, etc.

OVERVIEW:

Commercial Sale
Other
Active
Jamestown-City-060800
1890
Basement
2361
0.14
50X120
Other, See Remarks
Other, See Remarks
Other
Gas, Other, See Remarks
Other, See Remarks
Connected, Public
Connected, Public Sewer

ROOM INFO:

Full

FINANCIAL:

$3,900,000
$170,075

NEIGHBORHOOD & SCHOOL INFORMATION:

 Courtesy of Greco Real Estate.Com

 

Disclaimer: Any use of search facilities of data on this site, other than by a consumer looking to purchase real estate, is prohibited. All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor Keller Williams Realty shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.

 

©2019 CNYIS, Inc., UNYREIS and WNYREIS. All rights reserved.