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$119000   Price Analysis
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216 N 15th St
Olean, NY 14760
7 bed 3 bath 2370 SqFt ($50/SqFt)
8704SqFt lot. Built 1912
Listed 2024-06-10, Taxes $1975
USDA Eligible
near Olean, NY
 Restrictions may apply
due to home size

Great investment property.

Main property has three bedrooms 1 full bath. Tenant pays $750/mo and has been a lo ng standng tenant. Out back has a 2 unit with both being a 2 bed and 1 bath. Upper unit is occupied and tenant pays $500/mo.

Lower is unoccupied but has brought in $500/mo in the past. Live in one and let the rest pay the mortgage or rent the last apartment and have a tremendous rental property. Parking spaces for each unit.


Presented by Kelly Patrone at
Howard Hanna Professionals - Olean.
Listing Agent Photo

Property MLS #R1541991 from NYStateAlliance

Bedrooms: 7

Total Bathrooms: 3
Full Bathrooms: 3

PullDownAtticStairs
Flooring: Carpet, Hardwood, Varies, Vinyl

GasWaterHeater

Heating Features: Gas, Baseboard, HotWater
Heating: Yes

Basement Description: Full, SumpPump

Lot Description: ResidentialLot
Lot Size Acres: 0.1998163
Lot Size Dimensions: 68X128
Lot Size Square Feet: 8704

Road Frontage Type: CityStreet

Garage Spaces: 2
Garage Description: Common, TwoorMoreSpaces
Parking Features: Common, 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 0.7 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 0.5 miles away.
directions icon Map directions

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

Gross Income: 20400
Rent Includes: Water

Annual Tax Amount: 2814
Source Listing Status: Active
County: Cattaraugus
Cross Street: Washington
Directions: West State to N 15th. Second block.
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: 041200-094-055-0004-023-000-0000
Postal City: Olean
Property Subtype: MultiFamily
Source System Name: C2C

YearAssessments
Building + Land
Total
Tax
2023$46000 + $6000
$52000
$1975
2022$46000 + $6000
$52000
$2034
2021$46000 + $6000
$52000
$2059
2020$46000 + $6000
$52000
$2057
2017$46000 + $6000
$52000
$2107
2016$46000 + $6000
$52000
$2084
2015$46000 + $6000
$52000
$2041
2014$46000 + $6000
$52000
$1968
2014$46000 + $6000
$52000
$1996
2013$46000 + $6000
$52000
$1916
2012$46000 + $6000
$52000
$1884
2011$46000 + $6000
$52000
$1869
2010$73000 + $6000
$79000
$3325
2009$6140 + $880
$7020
$2885
2007$6140 + $880
$7020
$2950

Listed 2024-06-10
$119000
NYStateAlliance
Sold 2010-04-01
$52000
Public Record

Operating Expense Includes: Insurance, WaterSewer

Total Square Feet Living: 2370
Year Built: 1912
Building Area Source: PublicRecords
Building Area Total: 2370
Construction Materials: VinylSiding
Foundation Details: Block
Levels: Two
Property Age: 112
Property Condition: Resale
Roof: Asphalt
Levels or Stories: 2
Building Total Stories: 2
Year Built Details: Existing
Architectural Style: Triplex

Electric: CircuitBreakers, Fuses
Sewer: Connected
SewerConnected
WaterConnected
Water Source: Connected, Public
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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.