$55,000
$69,900
21.3%For more information regarding the value of a property, please contact us for a free consultation.
116 N 4th ST Olean, NY 14760
5 Beds
4 Baths
2,116 SqFt
Key Details
Sold Price $55,000
Property Type Multi-Family
Sub Type Multi Family
Listing Status Sold
Purchase Type For Sale
Square Footage 2,116 sqft
Price per Sqft $25
MLS Listing ID S1503373
Sold Date 01/26/24
Bedrooms 5
Full Baths 4
Construction Status Existing
HOA Y/N No
Year Built 1900
Annual Tax Amount $1,944
Lot Size 6,041 Sqft
Acres 0.1387
Lot Dimensions 40X151
Property Sub-Type Multi Family
Property Description
Great Investment Opportunity!
This 2 story house is a 4 unit apartment complex. The downstairs offers a 2 bedroom, 1 full bath unit, and a 1 bedroom, 1 full bath unit. The upstairs offers two 1 bedroom, 1 bathroom units.
3 out of the 4 units are currently rented with a total income of $1,650 per month. One of the upstairs apartments is not rented and needs to be updated, and then it can be rented for additional income.
There is a large gravel driveway with street parking available as well. The property has natural gas heating with public water and sewer.
Just a short walk to the Olean High School, and is located just off West State Street for all the amenities. Perfect opportunity at a great price.
Location
State NY
County Cattaraugus
Area Olean-City-041200
Direction From West State St. turn onto N. 4th St., property is on the right.
Rooms
Basement Full
Interior
Heating Gas, Forced Air
Flooring Other, See Remarks
Fireplace No
Appliance Gas Water Heater
Exterior
Utilities Available Sewer Connected, Water Connected
Building
Lot Description Residential Lot
Story 2
Sewer Connected
Water Connected, Public
Level or Stories Two
Structure Type Wood Siding
Construction Status Existing
Schools
School District Olean
Others
Tax ID 041200-094-065-0011-056-000-0000
Acceptable Financing Other, See Remarks
Listing Terms Other, See Remarks
Financing Conventional
Special Listing Condition Standard
Read Less
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Bought with WNY Metro Roberts Realty