515 Newland Avenue
Jamestown, NY 14701
Map
- 5 beds
- 4 baths
- 2,772 sqft
- 5,885 sqft lot
- $72 per sqft
- 1955 build
- – on site
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!
Last checked:
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Last updated Jun 26, 2025
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MLS# R1618062 —
The Building
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Year Built:1955
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Year Built Details:Existing
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Construction Materials:VinylSiding
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Architectural Style:Triplex
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Roof:Metal
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Foundation Details:Slab
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Exterior Features:Balcony
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Patio And Porch Features:Balcony
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Levels:Two
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Building Area Total:2772.0
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Building Area Source:Assessor
Interior
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Flooring:Carpet,Varies
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Fireplace:false
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Stories:2
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Stories Total:2
Room Dimensions
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Living Area:2,772 Sqft
Financial & Terms
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Rent Includes:Other,SeeRemarks
Location
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Directions:Foote to Newland
The Property
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Property Type:Residential
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Property Subtype:MultiFamily
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Property Condition:Resale
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Parcel Number:060800-387-019-0001-002-000
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Lot Features:Rectangular,RectangularLot,ResidentialLot
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Lot Size Dimensions:49X120
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Lot Size Acres:0.1351
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Lot Size SqFt:5885.0
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Lot Size Area:0.1351
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Lot Size Units:Acres
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Waterfront:false
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Road Frontage Type:CityStreet
Listing Agent
- Contact info:
- Agent phone:
- (716) 708-5000
- Office phone:
- (716) 413-0200
Taxes
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Tax Lot:2
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Tax Annual Amount:3609.0
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Tax Assessed Value:70000
Beds
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Bedrooms Total:5
Baths
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Total Baths:4
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Full Baths:3
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Half Baths:1
Heating & Cooling
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Heating:Electric,Gas,Baseboard
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Heating:true
Utilities
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Utilities:SewerConnected,WaterConnected
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Sewer:Connected
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Water Source:Connected,Public
Appliances
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Appliances:ElectricWaterHeater,GasWaterHeater
Schools
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Elementary School:Milton J Fletcher Elementary
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Elementary School District:Jamestown
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Middle Or Junior School:Jefferson Middle
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Middle Or Junior School District:Jamestown
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High School:Jamestown High
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High School District:Jamestown
The Community
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Subdivision Name:Nellie Hallock Livingston
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Senior Community:false
Parking
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Parking Features:Paved,TwoOrMoreSpaces
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Sale history
| Date | Event | Source | Price | % Change |
|---|---|---|---|---|
|
6/25/25
Jun 25, 2025
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Listed / Active | NYSAMLS | $200,000 | 36.1% (29.7% / YR) |
|
4/8/24
Apr 8, 2024
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NYSAMLS | $147,000 | -2.0% | |
|
3/11/24
Mar 11, 2024
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NYSAMLS | $149,999 |
