196 Falconer Street, Jamestown, NY

About 196 Falconer Street

Attention investors! Bring your vision and take advantage of the potential this three-unit property has to offer. With spacious units, flexible living areas, and renovations already underway, this property presents an excellent value-add opportunity for an investor looking to build equity and maximize rental potential. The first-floor unit offers two bedrooms with the possibility of a third, along with a living room, dining room, kitchen, pantry, and convenient in-unit laundry. The second-floor unit features two bedrooms, a family room, and additional living space in the attic, including one of the bedrooms and full bath. This unit is ready for renovation and offers plenty of space and possibilities for the new owner to make it their own. The basement unit has been completely gutted and is approximately 70% of the way through its remodel. Improvements already completed include new drywall, insulation, and some new plumbing. Even better, many of the materials needed to finish the project are already there, including a toilet, shower, vanity, flooring, and more. Whether you're an experienced investor, contractor, or someone looking for a multi-unit property where you can add value through improvements, this property offers plenty of potential. Finish the renovations, put your own touches on each unit, and turn this property into an income-producing investment!

Listing Map