CCertihomes
341 Forest Avenue, Jamestown, NY 14701

$71,000

3 beds 2 baths 2,628 sqft Built 196047 days on marketActive

About this home

Unique 3 building property on Forest Avenue with a 2-family home, a small corner former business building and a detached 2 garage garage on a large corner lot. The upper apartment has 1 bedroom and 1 bath with ceiling fans and appliances. The lower apartment has 2 bedrooms and 1 bath with similar appliances and a full basement. The property is a renovation project with excellent future return possibilities. The property does require attention to the dilapidated front and rear porches, which need replacement. However, the core structures are sound, these renovations are manageable improvements that will significantly boost curb appeal, tenant desirability, and ultimately, your rental income.

Affordability — calculate your monthly payment

Adjust your budget to see what's left after housing, utilities and transportation. Numbers below assume a 5% down, 30YrFixed at 7.15% APR.

Your estimated payment
$1,875/mo

Real estate (PITI + HOA + PMI)
$934
Principal + interest$456
Property tax + insurance$451
PMI / 2nd mortgage$27
Utilities
$1,713
Heating + cooling$687
Internet + TV + phone$173
Water + sewer + garbage$58
Transportation
$0
Other (entertainment)
$173
$1,875/mo TLC
Budget$5,000/mo
Remaining after TLC$3,125/mo
Purchase price
$71,000
Down payment
$3,550 (5%)
Loan amount
$67,450
APR
7.15%

Quick facts

Type
MultiFamily
Style
Duplex
Year built
1960
Lot size
0.2059 ac
Stories
2
Heating
Gas, Baseboard, ForcedAir
Cooling
Water
Connected, Public
HOA
Annual tax
$3,310
MLS #
R1616152
County
Chautauqua

At a glance

Basement
Garage (2)

Home features

Appliances
GasWaterHeater
Interior
CeilingFans
Parking
ConcreteGarageTwoOrMoreSpaces
Flooring
Carpet, Hardwood, Tile, Varies
Roof
Asphalt, Shingle
Sewer
Connected

Lot features

IrregularLot, ResidentialLot

Schools

Elementary
Milton J Fletcher Elementary
Middle
Persell Middle
High
Jamestown High

Neighborhood — 14701

MetricThis ZIPCountyUSA
Population41,59719,351,094299,088,112
Population Change Since1990-12.00%8.00%20.00%
Population Density461395
Male20,1509,381,926147,432,321
Female21,4479,969,168151,655,844
Never Married9,0514,946,39163,775,926
Married16,5887,166,701123,120,365
Separated1,5901,159,67312,639,686
Widowed2,8691,110,24515,467,586
Divorced3,7701,210,44823,075,029
Number Of House Hold16,4417,102,016111,826,380
Average House Hold Size2.472.642.60
Medial Age37.9736.5335.46
Median House Hold Income$33,203$49,847$48,276
Average House Hold Income$43,135$70,032$63,629
P C I$17,719$26,569$24,529
M D I$29,446$42,210$41,133
A T H E$39,630$54,185$50,898
S T R8.00%4.00%
W C J78.43%81.55%77.74%
(Zip) Code
14701

Data via Certihomes neighborhood index. Comparisons across this ZIP, county and the United States.

Map & walkability

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Listing information last refreshed 6/25/2025. Provided courtesy of Century 21 Turner Brokers via Buffalo MLS. Information deemed reliable but not guaranteed.