505 and 511 Fairmount Avenue

  • $340,000
Jamestown,

Description

Exceptionally well maintained and updated 2 separate multi-family homes in West Ellicott offered together as a packaged property. 511 Fairmount has a two car garage and 4 car spaces. The lower unit has 2 bedrooms and 1 bath with an electric kitchen. One bedroom has 2 large closets with upper storage and rents for $900/month. The upper unit has a large bathroom, newer windows with a bay window in the living room. The kitchen has a gas stove and rents for $800/month. A “Scooby Doo” doorway on the first floor in the front of the building houses a cabinet between the 2 apartments that could easily be removed and turn this property into a single family home. 505 Fairmount also has a 2 car garage with an asphalt driveway and spaces for 3 cars. There is a shared laundry in the basement with separate laundry shoots. The lower unit has wood floors throughout, 3 bedrooms, a Jack and Jill bathroom, and a gas stove in the kitchen. It rents for $950/month. The upper unit has wood floors with a carpeted sun room and dining room. It rents for $975/month. Great location and limitless possibilities for an investor or a family to generate income while living there.
MLS #:R1332484

Details

Updated on June 18, 2021 at 12:00 am
  • Property ID: R1332484
  • Price: $340,000
  • Property Size: 4524
  • Acres: 0.395
  • Garages: 4.0000
  • Year Built: 1928
  • Property Type: Multi-Family
  • Property Status: For Sale

Additional details

  • Sq Ft Total: 4524
  • Numof Acres: 0.3948
  • List Price: 340000.00
  • Mls Number: R1332484
  • Numof Garage Spaces: 4.0000
  • Street Number: 505 and 511
  • Postal City: Jamestown
  • City: Ellicott
  • Village: Not Applicable
  • State Or Province: NY - New York
  • Postal Code: 14701
  • County Or Parish: Chautauqua
  • School District Name: Southwestern
  • Elementary School Name: Southwestern Elementary
  • Middle School Name: Southwestern Middle
  • High School Name: Southwestern Senior High
  • Num Fireplaces Total Calculated: 2
  • Status: A-Active
  • Typeof Sale: Normal
  • Basement Description: Full
  • Nearest Cross Street: Canterbury
  • Latitude: 42.096698
  • Longitude: -79.270013
  • Rent Includes: All Utilities
  • Possible Financing: Cash, Conventional
  • Ratio List Price By Acres: 861195.54
  • Ratio List Price By Sqft: 75.15
  • School Tax: 4268
  • Town County Tax: 3078
  • Total Taxes: 7346
  • Total Numof Apartments: 4
  • Operating Expenses Include: Electric, Exterior Maintenance, Gas/Oil, Insurance, Refuse, Repairs/Maintenance, Water / Sewer
  • Numof Stories: 2.0000
  • Roof Description: Asphalt
  • Exterior Construction: Vinyl
  • Year Built: 1928
  • Parking Driveway: 2 or More Spaces, Blacktop, Stone/Gravel
  • Lot Dimensions Depth: 172
  • Lot Dimensions Frontage: 100
  • Lot Information: Corner Lot, Near Bus Line, Primary Road
  • Numof Electric Meters: 2
  • Numof Gas Meters: 2
  • Numof Heating Units: 2
  • Sewer Description: Sewer Connected
  • Heating Fuel Description: Gas
  • Hvac Type: Hot Water
  • Water Heater Fuel: Electric
  • Water Resources: Public Connected
  • Property Type: Multi-Family
  • Additional Interior Features: Circuit Breakers - Some, Laundry- Separate Hook ups- Some, Laundry-Common, Natural Woodwork - some
  • Attic Description: Partial
  • Floor Description: Hardwood-Some, Wall To Wall Carpet-Some
  • Virtual Tour Url: https://youtu.be/K3vry1A0e9Y
  • Dom: 45
  • Directionsto Property: Take Route 394 East on Fairmount Avenue. Property is on the right, just passed Canterbury Drive in West Ellicott.
  • Address 505 and 511 Fairmount Avenue
  • City Jamestown
  • Zip/Postal Code 14701
  • Country United States

Overview

Property ID: R1332484
  • Multi-Family
  • Property Type
  • 4.0000
  • Garages
  • 4524
  • 0.395
  • Lot
  • 1928
  • Year Built

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Michael McVinney

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