c.1900 New York Multi-Family Home For Sale Under $40K
$39,999
Built around 1900 as a grand home, this New York multi-family home for sale has now seen better days. It still retains remnants of its exterior beauty, while the interior currently hold two 2/1 apartments.
Realtor Comments
Great opportunity to add to your portfolio! This multi unit property has two bedrooms in each unit, washer/dryer hookups, and parking. Tenants pay ALL utilities, even water. Property management is in place and would love to stay.
- 4bed
- 2bath
- Circa 1900
1007 N Main St, Jamestown, NY 14701 $39,999
If interested in a property, please contact the realtor whose link is provided in the post below, or contact an agent of your own choosing. Independent verification of details and status is recommended.
Contact Realtor: Carolyn Lawson
Pros
1. Very Low Cost of Living & Affordable Housing
Overall cost of living is about 6–24% lower than Michigan and the U.S. averages, including housing, utilities, groceries, and services
Median home values range from $49K–$72K, dramatically below the national average (~$338K)
2. Tight-Knit, Rural Community
With only ~200–350 residents, it’s a small, friendly village where neighbors know each other .
High homeownership rate (~90%), stable community vibes
3. Great for Outdoor Enthusiasts
Abundant lakes, trails, and natural areas make it ideal for hiking, fishing, hunting, boating, and biking
“If you absolutely love hiking or mountain biking, this is an amazing place”
4. Low to Moderate Crime Compared to Similar-Sized Towns
Safer than 66% of Michigan communities, with total crime rates similar to national averages
Violent crime occurs ~1 in 228 residents; property crime ~9 per 1,000
5. Schools & Family Life
Local Whittemore‑Prescott district serves all grades; schools receive modest ratings.
Community praised for being “family-friendly”
❌ Cons
1. Limited Job Market & Low Incomes
Economy centers on blue-collar industries and service jobs, often linked to healthcare or retirement services .
Per capita income is low (~$19K), with household median near $49K
2. Sparse Amenities & Nightlife
Few restaurants, shops, or entertainment venues; nightlife focused on outdoor events or a small downtown
Younger residents say:
“There isn’t realistically much to do other than … bowling alley or the movie theater, or drive your car around the square.”
“I’ve found myself very bored… I’m worried I won’t make any friends.”
3. Aging Population & Conservative Culture
Median age is high (~52), and the political climate leans conservative
Reports include “polite racism” or political rigidity from some long-time residents .
4. Education Quality Is Moderate
Schools have average-to-fair ratings; local elementary and high schools rated C to C‑minus
5. Healthcare & Commute Challenges
Very limited medical facilities (one hospital, some clinics) .
Average commute is around 25–32 minutes, with most residents driving .
