Xavier Cherniak
Licensed Real Estate Salesperson
REALTOR®
Sidney, NY
Office: (607) 604-4394 (607) 429-9989

205 Palmer Street, Jamestown, NY 14701

New - 10 Hours Ago

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Property Description

**Investor Opportunity - 205 Palmer St | Two-Unit Rental Property** Don't miss this **income-producing investment opportunity at 205 Palmer St**. This **two-unit rental property** offers strong potential for investors looking to expand their portfolio with a property positioned in a convenient, tenant-friendly location. The building features **two separate units**, making it ideal for generating **dual rental income** or for an owner-occupant looking to offset their mortgage by renting the second unit. With the right updates and management strategy, this property presents a solid **value-add opportunity** with room to increase rents and long-term equity. Located in a practical residential area, the property sits **close to Lincoln Elementary School**, a major convenience for families. It's also just minutes from **3rd Street shopping**, including **Dollar General**, giving tenants quick access to everyday essentials. The surrounding neighborhood offers easy access to local amenities, helping support steady rental demand. **Investment Highlights** * Two-unit residential property * Opportunity for dual rental income * Close to Lincoln Elementary School * Minutes from 3rd Street amenities including Dollar General * Strong rental demand area * Potential value-add with updates Whether you're seeking a **cash-flowing rental, a house-hack opportunity, or your next renovation project**, **205 Palmer St offers solid investment potential in a convenient location.** *Add this property to your portfolio and take advantage of the income possibilities.* AS-IS

205 Palmer Street | MLS# R1665369

This home located at 205 Palmer Street, Jamestown, NY 14701 is currently listed for sale with an asking price of $39,900. This property was built in 1901 and has 5 bedrooms and 2 full baths with 1636 sq. ft. Palmer Street is located within the Jamestown school district. Search Jamestown real estate on xavier-cherniak.timberlandproperties.com today.

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Property Features

Property Type: Residential -
Basement: Full
Garage: 2
Heating: Gas
Lot Size: 0.14 Acres
Stories: 2.0
Taxes: $2,535
Year Built: 1901

Amenities

Attic
ProgrammableThermostat

Feature Descriptions

Appliances: GasWaterHeater
Exterior: AluminumSiding, VinylSiding
Flooring: Hardwood, Laminate, Varies, Vinyl
Lot: Rectangular, RectangularLot
Lot Dimensions: 50X120
Parcel#: 060800-387-013-0006-007-000
Parking: Common, Garage, Gravel, TwoOrMoreSpaces
Parking Notes: Common, Garage, Gravel, TwoOrMoreSpaces
Sewer: Connected
Units: 2
Utilities: SewerConnected, WaterConnected
Water: Connected, Public

Local Schools

High School: Jamestown High
Middle School: Persell Middle
Elementary School: Lincoln Elementary
School District: Jamestown

Estimate Your Payment

Estimated Payment

$ 311.69 per month $88.80 Principal & Interest $211.25 Property Tax $11.64 Homeowner's Insurance

Change Payment Information

%
years/fixed
yearly
yearly (est.)
(Payments are an estimate and may vary by lender)

Demographics

Listed By / Shown By

Listing By

Agency Name: EXP-Premier Listings Team
Agency Contact: 716-485-1419

Shown By

Agent Name: Xavier Cherniak
Agent Phone: (607) 429-9989
Agency Title: Timberland Properties

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All information is deemed reliable but not guaranteed. All properties are subject to prior sale, change, or withdrawal. Neither broker(s), nor agent(s) shall be responsible for any typographical errors, misinformation, or misprints, and shall be held totally harmless. Disclaimer: All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided 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. Information on this site was last updated 03/07/2026. The listing information on this page last changed on 03/07/2026. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Delta Media Group MLS (last updated Sat 03/07/2026 12:04:09 AM EST) or Global MLS (last updated Fri 03/06/2026 11:52:12 PM EST) or New York State Alliance MLS (last updated Sat 03/07/2026 12:02:45 AM EST) or Hudson Valley Catskill Region MLS (last updated Sat 03/07/2026 12:01:21 AM EST) or OneKey MLS (last updated Sat 03/07/2026 12:00:15 AM EST). Real estate listings held by brokerage firms other than Timberland Properties may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. All rights reserved.

All information is deemed reliable but not guaranteed. All properties are subject to prior sale, change, or withdrawal. Neither broker(s), nor agent(s) shall be responsible for any typographical errors, misinformation, or misprints, and shall be held totally harmless.

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