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
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Overall cost of living is about 6–24% lower than Michigan and the U.S. averages, including housing, utilities, groceries, and services
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Median home values range from $49K–$72K, dramatically below the national average (~$338K)
2. Tight-Knit, Rural Community
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With only ~200–350 residents, it’s a small, friendly village where neighbors know each other .
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High homeownership rate (~90%), stable community vibes
3. Great for Outdoor Enthusiasts
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Abundant lakes, trails, and natural areas make it ideal for hiking, fishing, hunting, boating, and biking
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“If you absolutely love hiking or mountain biking, this is an amazing place”
4. Low to Moderate Crime Compared to Similar-Sized Towns
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Safer than 66% of Michigan communities, with total crime rates similar to national averages
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Violent crime occurs ~1 in 228 residents; property crime ~9 per 1,000
5. Schools & Family Life
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Local Whittemore‑Prescott district serves all grades; schools receive modest ratings.
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Community praised for being “family-friendly”
❌ Cons
1. Limited Job Market & Low Incomes
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Economy centers on blue-collar industries and service jobs, often linked to healthcare or retirement services .
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Per capita income is low (~$19K), with household median near $49K
2. Sparse Amenities & Nightlife
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Few restaurants, shops, or entertainment venues; nightlife focused on outdoor events or a small downtown
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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
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Median age is high (~52), and the political climate leans conservative
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Reports include “polite racism” or political rigidity from some long-time residents .
4. Education Quality Is Moderate
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Schools have average-to-fair ratings; local elementary and high schools rated C to C‑minus
5. Healthcare & Commute Challenges
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Very limited medical facilities (one hospital, some clinics) .
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Average commute is around 25–32 minutes, with most residents driving .
