622 Spring Street

Estimated Monthly Payment: $31,958/mo 622 Spring Street, Jamestown, NY 14701 MLS# B1177850 5 + Unit Apartments Listing Status: Active
2,361 sqft
44
15
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:

5 + Unit Apartments
Active
Jamestown-City-060800
1890
2361
0.14
Other - See Remarks
Other - See Remarks
Other - See Remarks
Other - See Remarks
Gas
Public Connected
Sewer Connected
50x120
Other - See Remarks

FEATURES:

Other - See Remarks
Other - See Remarks

ROOM INFO:

Full

SCHOOLS:

Jamestown

FINANCIAL:

$3,900,000
$170,075

NEIGHBORHOOD & SCHOOL INFORMATION:

 Courtesy of Greco Real Estate.Com

 

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