- Overview
- Description
- Property Details
- Location
- Facts & Features
- Getting Around
- Nearby Homes
$45,000
Monthly Est:$224
5 Beds
- 3 Baths
3 full baths
2,546sqft
196 Falconer St, Jamestown, NY 14701
$45,000
$224/moEst:
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Multi Family
Built in 1876
$-- HOA
0.08 acre lot
$18/sq.ft
Description
Attention investors! Bring your vision and take advantage of the potential this three-unit property has to offer. With spacious units, flexible living areas, and renovations already underway, this property presents an excellent value-add opportunity for an investor looking to build equity and maximize rental potential.
The first-floor unit offers two bedrooms with the possibility of a third, along with a living room, dining room, kitchen, pantry, and convenient in-unit laundry.
The second-floor unit features two bedrooms, a family room, and additional living space in the attic, including one of the bedrooms and full bath. This unit is ready for renovation and offers plenty of space and possibilities for the new owner to make it their own.
The basement unit has been completely gutted and is approximately 70% of the way through its remodel. Improvements already completed include new drywall, insulation, and some new plumbing. Even better, many of the materials needed to finish the project are already there, including a toilet, shower, vanity, flooring, and more.
Whether you're an experienced investor, contractor, or someone looking for a multi-unit property where you can add value through improvements, this property offers plenty of potential. Finish the renovations, put your own touches on each unit, and turn this property into an income-producing investment!
- Houzeo last checked: 12 hours ago
- Listing updated: September 25, 2026 at 11:54 pm
- Listing Provided by: Holly Hackett (716) 737-5411 DRE #10401371023 | Real Estate Advantage (716) 484-2020
- Source: New York State Alliance of MLSs, Buffalo-NY | MLS#: R1707771

Part of
Property Details
Status
Active
Type
Multi Family
No. of Stories
2
County
City
Neighborhood
--
Year Built
1876
HOA Fees
-
Finished Area
2,546 sqft
Lot Size
0.08 acre lot
Basement Area
- sqft
MLS Name
New York State Alliance of MLSs, Buffalo
MLS Number
R1707771
MLS Status
Active
Days on Market
56

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Location
Facts & Features
Rooms
Bedrooms & bathrooms
Bedrooms: 5
Bathrooms: 3
Interior
Heating
Gas, Stove, Wall Furnace
Flooring
Carpet, Hardwood, Laminate, Varies
Exterior Features
Deck
Appliances
Electric Water Heater, Gas Water Heater
Sewer
Connected
Construction
Year Built
Year Built: 1876
Home type
Multi Family
Property Condition
Resale
Construction Materials
Vinyl Siding
Architectural Style
Triplex
Roof
Shingle
Utilities & Energy
Water Source
Connected, Public
Parking Features
Gravel, Two Or More Spaces
Basement
Partially Finished
Utilities
Sewer Connected, Water Connected
Other Features
Patio And Porch Features
Deck
Lot Features
Other, Rectangular, Rectangular Lot, See Remarks
Price History
| Date | Event | Price |
|---|---|---|
09/25/2026 Source: | Off Market | $45,000 $18/sqft |
08/17/2026 Source: | Price Decreased | $45,000 -18.18% $18/sqft |
08/17/2026 Source: | Listed for Sale | $55,000 $22/sqft |
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Based on data from the New York State Alliance of MLSs (CNYIS, Inc., UNYREIS and WNYREIS) through Oct 12, 2026, 10:30AM.. All information is provided exclusively for consumers’ personal, non-commercial use. It may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable by is not guaranteed accurate by the MLS. This website may not include listings or property addresses of sellers who have directed their listing brokers to withhold their listing or their property address from display on the Internet. All information provided is deemed reliable but is not guaranteed and should be independently verified. © 2026 the New York State Alliance of MLSs. All Rights Reserved.
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