614-616 Lafayette Street, Unit 614
Description
11 residential units across 5 properties (614-616 Lafayette St, 49 Liberty St, 1128 N Main St, 110 Charles St, 11 Delaware Ave). The Seller did tons of renovations on the portfolio that is estimated to be near $300,000. ALL units are occupied ensuring a good cap rate and immediate income. Tenants pay utilities. Taxes are all properties combined.This is a great investment opportunity, all within Jamestown NY.
11 residential units across 5 properties (614-616 Lafayette St, 49 Liberty St, 1128 N Main St, 110 Charles St, 11 Delaware Ave). The Seller did tons of renovations on the portfolio that is estimated to be near $300,000. ALL units are occupied ensuring a good cap rate and immediate income. Tenants pay utilities. Taxes are all properties combined.
- Listed by Michael McVinney • ERA Team VP Real EstateP: (716)-413-0200 C: (716)-640-0104 mm@mlmas.com
Property Details for 614-616 Lafayette Street, Unit 614
Property Details for 614-616 Lafayette Street, Unit 614
| Status | Active |
|---|---|
| MLS # | R1540323 |
| Days on Market | 178 |
| Taxes | $10,116 / year |
| HOA Fees | - |
| Condo/Co-op Fees | - |
| Compass Type | Multi Family |
| MLS Type | Multi Family / Other |
| Year Built | 1910 |
| Lot Size | 0.09 AC / 3,750 SF |
| County | Chautauqua County |
Building Information for 614-616 Lafayette Street, Unit 614
Property Information for 614-616 Lafayette Street, Unit 614
- Elementary School Name: Samuel G Love Elementary
- Elementary School District: Jamestown
- High School Name: Jamestown High
- High School District: Jamestown
- Middle School Name: Persell Middle
- Middle Or Junior School District: Jamestown
- Village: Not Applicable
- Human YN: No
- Garage Spaces per Apt: 1.00
- Garage YN: Yes
- Area NYSWIS Code: Jamestown-City-060800
- Tax Annual Amount: $10,116.00
- Building Area Source: Public Records
- Building Area Total: 2730.0
- Land Features: Residential Lot
- Num Of Acres: 0.0861
- Lot Size Area: 0.0861
- Lot Size Square Feet: 3750.0
- Lot Size Units: Acres
- Parcel Number: 060800-387-032-0001-045-000
- Road Frontage: City Street
- Lot Number: 45
- Property Condition: Resale
- Senior Community YN: No
- Assessed Value: $194,800
- Year Built: 1910
- Year Built Description: Existing
- Property Sub Type Additional: Other
- Num Of Electric Meters: 11
- Num Of Gas Meters: 11
- Sewer Description: Connected
- Utilities Available: Sewer Connected, Water Connected
- Water Supply: Connected, Public
- Community Features: Other, See Remarks
- Construction Materials: Vinyl Siding
- Exterior Features: Concrete Driveway, Gravel Driveway
- Roof Description: Asphalt
- Appliances: Gas Water Heater, See Remarks
- Basement Description: Full
- Basement YN: Yes
- Num Of Possible Bedrooms: 11
- Num Fireplaces Total Calculated: 0
- Fireplace YN: No
- Floor Description: Carpet, Hardwood, Luxury Vinyl, Varies, Vinyl
- Heating: Gas, Baseboard, Forced Air
- Heating YN: Yes
- Levels: Two
- Sq Ft Total: 2730.0
- Main Level Bathrooms: 0
- Gross Annual Income: $91,006.00
- Net Operating Income: $52,820.00
- Number Of Units Total: 11
- Operating Expenses: $28,070.00
- Operating Expense Includes: Other, See Remarks
- Stories: 2
- Stories Total: 2
- Rent Includes: Other, See Remarks
- Lease Amount Per Area Unit: Dollars Per Square Foot
Property History for 614-616 Lafayette Street, Unit 614
| Date | Event & Source | Price | Appreciation |
|---|
| Date | Event & Source | Price |
|---|
For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Schools near 614-616 Lafayette Street, Unit 614
Rating | School | Type | Grades | Distance |
|---|---|---|---|---|
| Public - | PK to 4 | |||
| Public - | 5 to 8 | |||
| Public - | 9 to 12 | |||
| Public - | PK to 4 |
Rating | School | Distance |
|---|---|---|
Samuel G Love Elementary School PublicPK to 4 | ||
George Washington Middle School Public5 to 8 | ||
Jamestown High School Public9 to 12 | ||
Abraham Lincoln Elementary School PublicPK to 4 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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Listing Courtesy of ERA Team VP Real Estate
Based on information from one of the following Multiple Listing Services: WNYREIS and Greater Binghamton Association of REALTORS. Information being provided is for the visitor's personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by WNYREIS and Greater Binghamton Association of REALTORS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.
