402 Lafayette St, Jamestown, NY 14701 For Sale

Exceptional investment opportunity! This well-maintained 12-unit brick apartment building offers twelve spacious one-bedroom, one-bath apartments, each featuring an open floor plan that appeals to today's renters. Updated windows throughout the building flood the apartments with natural light, creating bright and inviting living spaces. Many of the units have been updated with durable vinyl plank flooring, adding both style and low-maintenance appeal. The seller is completing updates to a few apartments. The building's interior hallways showcase unique metal ceilings, giving the property a modern industrial vibe that sets it apart from typical apartment buildings. A rear fire escape adds functionality and convenience. Situated on a classic brick street, this property enjoys a prime location just minutes from downtown amenities and public transportation. Residents can take advantage of nearby restaurants, boutique shops, theaters, the renowned National Comedy Center, and the Northwest Arena, which now features a state-of-the-art Kids Zone. Whether you're looking to expand your portfolio or invest in a thriving rental market, this impressive income-producing property offers strong appeal and excellent long-term potential.