515 Newland Avenue Jamestown, NY 14701
Listing by: NYS ALLIANCE / ERA Team Vp Real Estate / Heather Shea-Canaley - Contact:  716-708-5000

  515 Newland Avenue Jamestown, NY 14701

Active (5 Days)
$200,000
5
BED
3.1
BATH
2,772
SQFT

Description

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!

MLS #:
R1618062
Taxes
$3,609
Lot Size
5,885 SQFT
Type
Multifamily
Year Built
1955
Style
Triplex
School District
Jamestown
County
Chautauqua County
Community
Nellie Hallock Livingston

Listed By

Heather Shea-Canaley, ERA Team Vp Real Estate, Contact: 716-708-5000
Source
NYS ALLIANCE
Last checked Jun 30 2025 at 2:29 PM GMT+0000
Bathroom Details
Interior Features
  • Electric Water Heater
  • Gas Water Heater
Subdivision
  • Nellie Hallock Livingston
Lot Information
  • Rectangular
  • Rectangular Lot
  • Residential Lot
Property Features
  • Fireplace: 0
  • Foundation: Slab
Heating and Cooling
  • Baseboard
  • Electric
  • Gas
Flooring
  • Carpet
  • Varies
Exterior Features
  • Roof: Metal
Utility Information
  • Utilities: Sewer Connected, Water Connected, Water Source: Connected, Water Source: Public
  • Sewer: Connected
School Information
  • Elementary School: Milton J Fletcher Elementary
  • Middle School: Jefferson Middle
  • High School: Jamestown High
Parking
  • Paved
Stories
  • 2
Living Area
  • 2,772 sqft
Additional Information: ERA Team Vp Real Estate | 716-708-5000
Location
   
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Estimated Monthly Mortgage Payment

*Based on Fixed Interest Rate withe a 30 year term, principal and interest only

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Mortgage calculator estimates are provided by ERA Team VP Real Estate and are intended for information use only. Your payments may be higher or lower and all loans are subject to credit approval.
Disclaimer: Copyright 2025 New York State Alliance. All rights reserved. This information is deemed reliable, but not guaranteed. The information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated 6/30/25 07:29