317 Fairmount Avenue, Jamestown, NY 14701
Local realty services provided by:CENTURY 21 Galloway Realty
317 Fairmount Avenue,Jamestown, NY 14701
$2,550,000
- 33 Beds
- - Baths
- 28,060 sq. ft.
- Multi-family
- Active
Listed by: kristien olson
Office: propertymatch usa, llc.
MLS#:R1632258
Source:NY_GENRIS
Price summary
- Price:$2,550,000
- Price per sq. ft.:$90.88
About this home
Presenting a well-maintained 33-unit multifamily community that combines strong curb appeal, excellent tenant amenities, and consistently above-average occupancy. This property represents a rare opportunity to acquire a stabilized asset with both proven cash flow and continued upside through modernized unit renovations.
Property Highlights
• Unit Mix: 23 spacious two-bedroom apartments and 10 one-bedroom apartments, catering to a broad range of tenant demographics.
• Upgrades: Many units have been completely remodeled, offering modern finishes that attract quality tenants and command premium rents.
• Building Quality: Secure, well-kept building with on-site storage and garage parking available for select units—an attractive amenity that differentiates the property in the marketplace.
• Outdoor Features: Residents enjoy green space and a gazebo area, creating a sense of community and enhancing tenant retention.
• Management: Professional, attentive management has maintained occupancy levels consistently above market averages, ensuring reliable income and reduced turnover risk.
Investment Appeal
This 33-unit property offers investors the rare combination of stability and value-add potential. With a strong history of occupancy, upgraded units, and attractive amenities, the building generates steady cash flow while still leaving room to capture further upside through the continuation of interior renovations and potential operational efficiencies.
Ideal for both private investors and institutional buyers, this is a turnkey multifamily acquisition in a demand-driven rental market....
Contact an agent
Home facts
- Year built:1980
- Listing ID #:R1632258
- Added:358 day(s) ago
- Updated:August 14, 2026 at 02:57 PM
Rooms and interior
- Bedrooms:33
- Flooring:Carpet, Laminate, Varies, Vinyl
- Kitchen Description:Refrigerator
- Basement:Yes
- Living area:28,060 sq. ft.
Heating and cooling
- Cooling:Heat Pump
- Heating:Baseboard, Electric, Heat Pump
Structure and exterior
- Roof:Membrane, Rubber
- Year built:1980
- Building area:28,060 sq. ft.
- Lot Features:Rectangular
- Construction Materials:Brick
- Levels:3 Stories
Schools
- High school:Jamestown High
- Middle school:Persell Middle
- Elementary school:Lincoln Elementary
Utilities
- Water:Connected, Public, Water Connected
- Sewer:Connected, Sewer Connected
Finances and disclosures
- Price:$2,550,000
- Price per sq. ft.:$90.88
- Tax amount:$45,456
Features and amenities
- Appliances:Refrigerator
Parking
- Parking description:One Space
New listings near 317 Fairmount Avenue
- New
$69,900Active4 beds 2 baths1,731 sq. ft.124 Wescott Street, Jamestown, NY 14701
MLS# R1707068Listed by: REAL ESTATE ADVANTAGE - New
$549,000Active4 beds 3 baths2,046 sq. ft.3257 Donelson Road, Jamestown, NY 14701
MLS# R1706817Listed by: ERA TEAM VP REAL ESTATE - New
$45,000Active3 beds 1 baths1,056 sq. ft.14 Myers Avenue, Jamestown, NY 14701
MLS# R1705215Listed by: REAL ESTATE ADVANTAGE - New
$249,900Active2 beds 1 baths1,190 sq. ft.430 Fairmount Avenue, Jamestown, NY 14701
MLS# R1706930Listed by: CENTURY 21 TURNER BROKERS - New
$149,900Active3 beds 2 baths1,296 sq. ft.68 Pennsylvania Avenue, Jamestown, NY 14701
MLS# B1706527Listed by: HUNT REAL ESTATE ERA - New
$99,900Active4 beds 2 baths2,065 sq. ft.900 Prendergast Avenue, Jamestown, NY 14701
MLS# R1706773Listed by: HOWARD HANNA HOLT - FREDONIA - New
$364,900Active5 beds 3 baths2,808 sq. ft.518 Lakeview Avenue, Jamestown, NY 14701
MLS# R1706519Listed by: CENTURY 21 TURNER BROKERS - New
$119,900Active3 beds -- baths1,962 sq. ft.43 Walnut Street, Jamestown, NY 14701
MLS# R1703438Listed by: CHAUTAUQUA4SALE.COM - New
$420,000Active4 beds 3 baths3,008 sq. ft.434 Orchard Road, Jamestown, NY 14701
MLS# R1635093Listed by: ERA TEAM VP REAL ESTATE - New
$59,900Active4 beds 2 baths1,948 sq. ft.114 Van Buren Street, Jamestown, NY 14701
MLS# R1706415Listed by: ERA TEAM VP REAL ESTATE