515 Newland Avenue, Jamestown, NY

About 515 Newland Avenue

Welcome to 515 Newland – A Prime Investment Opportunity! Whether you're a seasoned investor or a savvy homebuyer looking to live in one unit while generating income from the others, this property offers flexibility and financial potential. Built in 1955 and fully updated in the 2000s, this triplex is significantly newer than many similar properties in the City of Jamestown. The well-maintained exterior boasts strong curb appeal with a charming façade and a brand-new metal roof being installed this week! Inside, the building features three thoughtfully laid out units. The spacious lower apartment includes 3 bedrooms and 1 full bathroom, while the upper level hosts two well-designed 1 bedroom, 1 bathroom units – all three bathrooms have been recently updated. Additional amenities include off-street parking for up to 5 vehicles, a two-story deck for shared outdoor enjoyment, ample storage space, and three laundry hookups in the first-floor utility room. All units are currently tenant occupied, offering immediate cash flow of $2,300 a month. Perfectly located in the heart of Jamestown, you're just minutes from downtown, schools, shopping, parks, and major transportation routes. Don't miss your chance to own a turn-key, income-generating multi-unit property!

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