NY > Olean
Olean, NY 14760,204 N Barry St
Olean, NY 14760,204 N Barry St
Olean, NY 14760,204 N Barry St
Olean, NY 14760,204 N Barry St
Olean, NY 14760,204 N Barry St
Olean, NY 14760,204 N Barry St
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Beth Matthews

Beth Matthews

+1(716) 209-3730
$ 152,000
Est. payment | /mo

8 Beds

5 Baths

2,950 SqFt

Save
$ 152,000
Est. payment | /mo
Save

8 Beds

5 Baths

2,950 SqFt

Key Details

Property Type Multi-Family, Mobile Home

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

Square Footage 2,950 sqft

Price per Sqft $51

MLS Listing ID B1562789

Style Fourplex

Bedrooms 8

Full Baths 5

Construction Status Existing

HOA Y/N No

Year Built 1930

Annual Tax Amount $3,249

Lot Size 6,500 Sqft

Lot Dimensions 50X130

Property Sub-Type Multi Family

Property Description

This is a 5 unit apartment complex located in downtown Olean next to JCC. Zoned Commercial. 3 of the units are currently rented by long term tenants that pay on time. The 4th unit is vacant and ready to move in. The 5th unit is under construction. The Broker/Appraiser estimates the gross yearly rent to be $48,000 annually with a $28,000 Net profit. The CAP rate at full asking price is 15.8 %. 5 total units, 8 total bedrooms, 5 total bathrooms. Off Street parking. 2 minute walk to downtown Olean.

Location

State NY

County Cattaraugus

Area Olean-City-041200

Direction Next door to JCC

Rooms

Basement Crawl Space

Interior

Heating Gas, Zoned

Cooling Zoned

Flooring Carpet, Varies, Vinyl

Fireplace No

Appliance Gas Water Heater

Exterior

Utilities Available Sewer Connected, Water Connected

Building

Lot Description Rectangular, Rectangular Lot

Story 2

Sewer Connected

Water Connected, Public

Architectural Style Fourplex

Level or Stories Two

Structure Type Vinyl Siding

Construction Status Existing

Schools

School District Olean

Others

Senior Community No

Tax ID 94.065-4-18

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Special Listing Condition Standard

Listed by 3D Real Estate LLC

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204 N Barry St

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