c.1900 Affordable New York Multi-Family Home $54K

10 Eagle St, Jamestown, NY 14701   $54,000

• Contact Realtor: Carolyn Lawson
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Pros

1. Very affordable housing and cost of living

   • The median home value is very low compared to national averages (≈ $66,400) in recent data.

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   • Cost of living is around 18 % below the U.S. average in one measure: cost‑of‑living index of ~82.

   • Example: for a single person, average monthly costs are lower than many U.S. cities

2. “Small city” feel with access to nature & seasons

   • Jamestown has a more manageable size (~30,000) which may appeal if you prefer less congestion

   • The region offers outdoor recreation, four seasons weather, and proximity to scenic / natural areas. For example: “…we are a good balance between being in the middle of nowhere and city life.”

   • Historic downtown and some revitalization: e.g., downtown buildings repurposed; arts, entertainment, and local events.

3. Shorter commutes & less traffic

   • Some neighborhoods report very short commutes (in one study ~71% of residents in one area worked <15 minutes from home) which is far above many U.S. neighborhoods. Because the area is smaller and less congested than major metros, daily living may be simpler for those who dislike heavy traffic.

Cons

1. Higher crime & safety concerns

   • Crime rate in Jamestown is notably higher than national averages: e.g., violent crime ~ 76% above U.S. average in one metric; property crime ~ 51% above.

   • Many resident comments point to concerns over drugs, theft, neighborhood safety. > “I know at least 5 people who sell meth and heroin … our car window has been broken…”

2. Economic challenges, lower incomes & fewer job opportunities

   • Median household income in Jamestown is low (≈ $34,767) compared to U.S. median.

   • Poverty rate is significantly elevated (~28.5%) compared to U.S. average.

   • Manufacturing and older economic bases have declined; one report noted downtown job losses and an economy in transition.

3. Population decline & aging housing stock

   • The city’s population has declined over recent years (~‑4.4% over 5 years in one dataset) which may affect local services, business vitality.

   • There are many vacant or substandard rental units; housing code enforcement, maintenance issues are documented.

4. Seasonal/weather considerations

   • Being in the snowbelt region (near Lake Erie), winters can be harsh with heavy snow and long cold months.

   • If you’re not accustomed to snowy winters, this may impact your lifestyle (commutes, maintenance, heating costs, etc.).

5. Amenities & big‑city features are more limited

   • While there are local restaurants, arts, events, the scale and variety are less than you’d find in larger metro areas. One resident said: > “If you like nature and no traffic… but for nightlife you have to drive an hour up to Buffalo.”

   • Public transit and major airport access may be more limited; car dependence is likely.