About 602 Lafayette Street
Investment opportunity! This triplex features two occupied units generating immediate rental income of $1,575 per month, with the third unit currently being renovated and coming soon, offering the opportunity to increase cash flow once completed to $2,325 per month. An advantage for investors, each unit has separate gas and electric utilities, helping keep operating expenses lower while allowing tenants to pay their own utilities. Centrally located in Jamestown with convenient access to schools, public transportation, and everyday amenities, this property offers both current income and future upside. Whether you're looking to expand your investment portfolio or live in one unit while collecting rental income from the others, this property is full of potential.
Features of 602 Lafayette Street
| MLS® # | R1699481 |
|---|---|
| Price | $95,000 |
| Bedrooms | 3 |
| Bathrooms | 3.00 |
| Full Baths | 3 |
| Square Footage | 2,400 |
| Square Footage | 3250 |
| Acres | 0.07 |
| Year Built | 1895 |
| Type | Residential |
| Sub-Type | Multi Family |
| Status | Active |
Community Information
| Address | 602 Lafayette Street |
|---|---|
| Area | Jamestown-City |
| Subdivision | City/Jamestown |
| City | Jamestown |
| County | Chautauqua |
| State | NY |
| Zip Code | 14701 |
Amenities
| Utilities | Sewer Connected, Water Connected, Water |
|---|---|
| Features | Rectangular, Rectangular Lot, Residential Lot |
| Parking | No Driveway |
| Garages | No Driveway |
| Is Waterfront | No |
| Has Pool | No |
Interior
| Interior | Laminate, Other, See Remarks, Varies |
|---|---|
| Appliances | Gas Water Heater |
| Heating | Gas, Forced Air, Space Heater |
| Fireplace | No |
| # of Stories | 2 |
| Stories | 2 |
| Has Basement | Yes |
| Basement | Full |
Exterior
| Exterior | Frame, Other, See Remarks |
|---|---|
| Lot Description | Rectangular, Rectangular Lot, Residential Lot |
| Construction | Frame, Other, See Remarks |
School Information
| District | Jamestown |
|---|---|
| Elementary | Samuel G Love Elementary |
| Middle | Persell Middle |
| High | Jamestown High |
Additional Information
| Short Sale | No |
|---|---|
| RE / Bank Owned | No |
Listing Details
| Office | Lawson Real Estate Chq., Inc. |
|---|---|
| Contact Info | 716-450-4795 |