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$105,000   Price Analysis
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109 N 12th St
Olean, NY 14760
6 bed 3 bath 2,232 SqFt ($47/SqFt)
5,550SqFt lot. Built 1930
Listed 2024-02-15, Taxes $2,374
USDA Eligible
near Olean, NY
 Restrictions may apply
due to home size

Check out this exceptional rental investment opportunity!

All units are currently rented making this a great cash flow opportunity. A new roof was installed September of 2023.

All rents include water and the tenants are responsible for all othr utilities.


Presented by Amanda Reynolds at
Howard Hanna Ellicottville.


Property MLS #B1520419 from NYStateAlliance

Bedrooms: 6

Total Bathrooms: 3
Full Bathrooms: 3

GasWaterHeater

Heating Features: Electric, Gas, ForcedAir
Heating: Yes

Flooring: Carpet, Hardwood, Laminate, Varies

Basement Description: WalkOutAccess

Lot Size Acres: 0.1274105
Lot Size Dimensions: 50X111
Lot Size Square Feet: 5550

Road Frontage Type: MainThoroughfare

Garage Spaces: 2
Garage Description: TwoorMoreSpaces
Parking Features: TwoorMoreSpaces

Association: No
Calculated Total Monthly Association Fees: 0

Elementary School District: Olean
High School District: Olean
Middle or Junior School District: Olean

Olean Senior High School is a public middle and high school located approximately 0.6 miles away.
directions icon Map directions

Olean Middle School is a public elementary and middle school located approximately 0.7 miles away.
directions icon Map directions

Archbishop Walsh High School is a private high school located approximately 0.6 miles away.
directions icon Map directions

Number of Units In Community: 3
Number of Units: 3

Rent Includes: Water

Annual Tax Amount: 3382
Source Listing Status: Active
County: Cattaraugus
Cross Street: state st
Directions: Take exit 25 off of I-86. Turn right on Buffalo St toward Olean. Turn right on N 12th St. In .5 miles the property will be on your right.
Source Property Type: Residential
Area: Olean-City-041200
Source Neighborhood: Olean-City-041200
Number of Separate Electric Meters: 3
Number of Separate Gas Meters: 3
Owner Pays: Water
Parcel Number: 041200-094-064-0005-025-000-0000
Postal City: Olean
Property Subtype: MultiFamily
Source System Name: C2C

YearAssessments
Building + Land
Total
Tax
2023$58,600 + $3,900
$62,500
$2,374
2022$58,600 + $3,900
$62,500
$2,445
2021$58,600 + $3,900
$62,500
$2,475
2020$58,600 + $3,900
$62,500
$2,473
2017$58,600 + $3,900
$62,500
$4,327
2016$58,600 + $3,900
$62,500
$2,505
2015$58,600 + $3,900
$62,500
$2,453
2014$58,600 + $3,900
$62,500
$2,366
2014$58,600 + $3,900
$62,500
$2,399
2013$58,600 + $3,900
$62,500
$2,303
2012$58,600 + $3,900
$62,500
$2,264
2011$58,600 + $3,900
$62,500
$2,246
2010$58,600 + $3,900
$62,500
$3,559
2009$5,310 + $600
$5,910
$2,338
2007$5,310 + $600
$5,910
$2,484

Price Changed 2024-03-26
$105,000
NYStateAlliance
Listed 2024-02-15
$115,000
NYStateAlliance
Listing removed 2020-06-09
$65,000
NYStateAlliance
Listed 2020-01-15
$65,000
NYStateAlliance
Sold 2017-11-01
$74,000
Public Record
Listing removed 2017-09-02
$40,000
Rochester
Listing removed 2017-06-23
$40,000
NYStateAlliance
Listed 2017-05-30
$40,000
Rochester
Listed 2017-05-30
$40,000
NYStateAlliance
Listing removed 2016-09-29
$45,000
NYStateAlliance
Listed 2016-05-02
$45,000
NYStateAlliance

Operating Expense Includes: Insurance, MaintenanceStructure, Maintenance, SnowRemoval, WaterSewer

Total Square Feet Living: 2232
Year Built: 1930
Building Area Source: PublicRecords
Building Area Total: 2232
Construction Materials: WoodSiding
Levels: Two
Property Age: 94
Property Condition: Resale
Roof: Shingle
Levels or Stories: 2
Building Total Stories: 2
Year Built Details: Existing
Architectural Style: Triplex

Sewer: Connected
SewerConnected
WaterConnected
Water Source: Connected, Public
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laundry_room

The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.