$64,900 Price Analysis    ♡   Olean, NY 14760 9 bed 5 bath 4,574 SqFt ($14/SqFt) 5,278SqFt lot. Built 1900 Listed 2024-04-05, Taxes $3,799 | ✓ USDA Eligible near Olean, NY Restrictions may apply due to home size |
Investment Opportunity!
* No Longer For Sale *
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This Four Unit Rental House Is Available And On The Market. Apartment Layout Includes a Two Bedroom, Three Bedroom, Four Bedroom, Plus a Basement Studio. The Basement Studio is Currently Rented. The Other Apartments Are In Need Of Rehab To Be Rented. Recently This Building Has Been Converted From a Boarding Style House Into Single Family Apartments And Once Rehbbed Will Be In Full Compliance With City Codes And Ordinances.
Professionally Managed And The Current Management Company Would Continue Management If Requested. Estimated Gross Rental Income Is Projected To Be $4000.00 Per Month Fully Occupied And Operating. Building Utilities Must Be Included In The Rent As They Are Not Separated Between Apartments. This Building Is Owned By A Licensed Real Estate Broker.
Presented by Todd VanDyke at
VanDyke LLC.
Property MLS #B1530221 from NYStateAlliance
Full Bathrooms: 4
1/2 Bathrooms: 1
CeilingFans
Storage
NaturalWoodwork
Flooring: Carpet, Hardwood, Varies, Vinyl
Window Features: LeadedGlass
Heating Features: Gas, Zoned, ForcedAir
Heating: Yes
Fence
Fencing: Partial
Patio And Porch Features: Deck
Road Frontage Type: CityStreet
Lot Size Acres: 0.1211662
Lot Size Dimensions: 45X116
Lot Size Square Feet: 5278
Garage Description: Paved
Parking Features: Paved
Calculated Total Monthly Association Fees: 0
High School: Olean Senior High
High School District: Olean
Middle or Junior School District: Olean
Map directions Map directions Map directionsNumber of Units: 4
Source Listing Status: Closed
County: Cattaraugus
Cross Street: North Union Street
Directions: 111 North Clinton Street, Olean NY 14760
Source Property Type: Residential
Area: Olean-City-041200
Source Neighborhood: Olean-City-041200
Number of Separate Electric Meters: 1
Number of Separate Gas Meters: 1
Owner Pays: Electricity, GroundsCare, Heat, HotWater, SnowRemoval, TrashCollection, Water
Parcel Number: 041200-094-065-0007-014-000-0000
Postal City: Olean
Property Subtype: MultiFamily
Source System Name: C2C
| Year | Assessments Building + Land Total | Tax |
|---|---|---|
| 2023 | $96,300 + $3,700 $100,000 | $3,799 |
| 2022 | $116,300 + $3,700 $120,000 | $4,168 |
| 2021 | $16,300 + $3,700 $20,000 | $3,446 |
| 2020 | $16,300 + $3,700 $20,000 | $791 |
| 2017 | $16,300 + $3,700 $20,000 | $810 |
| 2016 | $16,300 + $3,700 $20,000 | $1,696 |
| 2015 | $16,300 + $3,700 $20,000 | $785 |
| 2014 | $16,300 + $3,700 $20,000 | $757 |
| 2014 | $16,300 + $3,700 $20,000 | $767 |
| 2013 | $16,300 + $3,700 $20,000 | $737 |
| 2012 | $16,300 + $3,700 $20,000 | $724 |
| 2011 | $16,300 + $3,700 $20,000 | $1,784 |
| 2010 | $30,300 + $3,700 $34,000 | $961 |
| 2009 | $3,175 + $720 $3,895 | $5,656 |
| 2007 | $6,000 + $720 $6,720 | $8,096 |
$58,000
NYStateAlliance
Listed 2024-04-05
$64,900
NYStateAlliance
Listing removed 2024-04-01
$79,500
NYStateAlliance
Price Changed 2024-03-08
$79,500
NYStateAlliance
Listed 2024-01-04
$89,500
NYStateAlliance
Listing removed 2023-03-01
$0
Chautauqua-Cattaraugus
Price Changed 2022-10-10
$99,900
Chautauqua-Cattaraugus
Listed 2022-08-29
$125,000
Chautauqua-Cattaraugus
Listing removed 2022-04-26
$0
Chautauqua-Cattaraugus
Price Changed 2022-03-03
$299,900
Chautauqua-Cattaraugus
Price Changed 2022-02-21
$315,000
Chautauqua-Cattaraugus
Listed 2021-10-29
$349,900
Chautauqua-Cattaraugus
Listing removed 2017-12-07
$115,000
Rochester
Sold 2017-12-01
$98,000
Public Record
Listing removed 2017-06-09
$115,000
Chautauqua-Cattaraugus
Listed 2016-08-15
$115,000
Rochester
Listed 2016-08-15
$115,000
Chautauqua-Cattaraugus
Year Built: 1900
Building Area Source: PublicRecords
Building Area Total: 4574
Construction Materials: WoodSiding
Foundation Details: Block
Property Age: 124
Property Condition: Resale, Fixer
Roof: Asphalt, Shingle
Levels or Stories: 3
Building Total Stories: 3
Year Built Details: Existing
Architectural Style: Fourplex
CableAvailable
HighSpeedInternetAvailable
SewerConnected
WaterConnected
Water Source: Connected, Public
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.