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358 E 4th St 14 Unit Apartment Building Offered at $420,000 Jamestown, NY 14701
Investment Highlights
- long term tenants
- close to downtown amenities, restaurants, shopping and public transportation
- well maintained property
Executive Summary
Excellent investment opportunity. 3 well maintained buildings with 14 apartments. Each unit has one bedroom and one bathroom. This property has strong rental history and consistent occupancy.
Financial Summary (Actual - 2025) |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
$112,200
|
$21.37
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$112,200
|
$21.37
|
| Taxes |
$6,364
|
$1.21
|
| Operating Expenses |
$12,000
|
$2.29
|
| Total Expenses |
$18,364
|
$3.50
|
| Net Operating Income |
$93,836
|
$17.87
|
Financial Summary (Actual - 2025)
| Gross Rental Income | |
|---|---|
| Annual | $112,200 |
| Annual Per SF | $21.37 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $112,200 |
| Annual Per SF | $21.37 |
| Taxes | |
|---|---|
| Annual | $6,364 |
| Annual Per SF | $1.21 |
| Operating Expenses | |
|---|---|
| Annual | $12,000 |
| Annual Per SF | $2.29 |
| Total Expenses | |
|---|---|
| Annual | $18,364 |
| Annual Per SF | $3.50 |
| Net Operating Income | |
|---|---|
| Annual | $93,836 |
| Annual Per SF | $17.87 |
Property Facts Under Contract
Amenities
Unit Amenities
- Heating
- Ceiling Fans
- Kitchen
- High Speed Internet Access
- Refrigerator
- Oven
- Carpet
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 14 | - | - |
1 1
Moderately walkable
60/100
Exceptionally drivable
100/100
Limited public transit
30/100
Fairly bikeable
40/100
Property Taxes
| Parcel Numbers | Total Assessment | $123,200 | |
| Land Assessment | $21,700 | Annual Taxes | $6,364 ($0.83/SF) |
| Improvements Assessment | $101,500 | Tax Year | 2025 |
Property Taxes
Parcel Numbers
Land Assessment
$21,700
Improvements Assessment
$101,500
Total Assessment
$123,200
Annual Taxes
$6,364 ($0.83/SF)
Tax Year
2025
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358 E 4th St
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