3340 New York 394 Unit 3330 Jamestown, NY 14701
Estimated payment $4,748/month
Highlights
- Lake Front
- Forced Air Heating System
- Baseboard Heating
- Tile Flooring
About This Home
Exceptional Investment Opportunity Near Chautauqua Lake – Fully Rented 8-Unit PropertyLocated in the desirable lakeside community of Stow, NY, this well-maintained 8-unit multifamily property offers immediate cash flow and long-term investment potential. Just minutes from the shores of Chautauqua Lake and convenient to area attractions, this turnkey property is fully rented with a solid rental history and stable occupancy.Each unit features comfortable layouts, ample natural light, and updated systems to support low-maintenance ownership. Tenants enjoy off-street parking, a peaceful setting, and close proximity to local amenities, recreational areas, and major routes.Recent improvements include the new addition which added 3 apartments bringing the total to 8. The combination of apartments includes 3 2 bedrooms, 4 1 bedrooms, and 1 efficiency. With reliable tenants in place and consistent income, this property is an ideal addition to any investor’s portfolio that can include additional storage income in the walk-out basement. Monthly utilities are included in the rent but can be charged back to the tenants. Don’t miss this rare opportunity to own a high-performing asset in a sought-after area near Chautauqua Lake. Schedule your private tour today.
Listing Agent
Listing by ERA Team VP Real Estate Brokerage Phone: 716-269-4129 License #10301220554 Listed on: 04/05/2025
Co-Listing Agent
Listing by ERA Team VP Real Estate Brokerage Phone: 716-269-4129 License #10301214857
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $14,269
Year Built
- Built in 2001
Lot Details
- 0.6 Acre Lot
- Lot Dimensions are 210x125
- Lake Front
- Irregular Lot
Home Design
- Vinyl Siding
- Stone
Interior Spaces
- 7 Bedrooms
- 8,498 Sq Ft Home
- 3-Story Property
- Partially Finished Basement
- Walk-Out Basement
Kitchen
- Oven
- Free-Standing Range
Flooring
- Carpet
- Laminate
- Tile
- Vinyl
Parking
- No Garage
- Gravel Driveway
Schools
- Chautauqua Lake Elementary School
- Chautauqua Lake Middle School
- Chautauqua Lake High School
Utilities
- Forced Air Heating System
- Heating System Uses Gas
- Baseboard Heating
- Well
- Gas Water Heater
- Septic Tank
Community Details
- 8 Units
Listing and Financial Details
- Tax Lot 77
- Assessor Parcel Number 065400-332-020-0001-077-000
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2024 | $9,101 | $354,900 | $40,000 | $314,900 |
| 2023 | $9,051 | $354,900 | $40,000 | $314,900 |
| 2022 | $8,322 | $354,900 | $40,000 | $314,900 |
| 2021 | $7,739 | $331,300 | $40,000 | $291,300 |
| 2020 | $10,927 | $476,300 | $40,000 | $436,300 |
| 2019 | $10,431 | $476,300 | $40,000 | $436,300 |
| 2018 | $10,431 | $476,300 | $40,000 | $436,300 |
| 2017 | $10,255 | $476,300 | $40,000 | $436,300 |
| 2016 | $10,099 | $476,300 | $40,000 | $436,300 |
| 2015 | -- | $476,300 | $40,000 | $436,300 |
| 2014 | -- | $476,300 | $40,000 | $436,300 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 04/05/2025 04/05/25 | For Sale | $650,000 | -- | $76 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $60,000 | Gregory Yaw |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $125,000 | New Conventional | |
| Closed | $125,000 | Stand Alone Refi Refinance Of Original Loan | |
| Open | $300,000 | Commercial |
Source: Chautauqua-Cattaraugus Board of REALTORS®
MLS Number: R1594390
APN: 065400-332-020-0001-077-000
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