Duplex on 14th! Solid 6 bedroom, 2 bath duplex on a neighborhood street. Some paint and repairs needed, but you are starting with a 42 x 101 lot, hardwood floors and some copper plumbing. Great rental! Call for your appointment today.
Last Listed By
Darcy Branch
Listing by No Office AffiliationLicense #40BR0766111Listed on: 05/07/2014
Property Details
Home Type
Multi-Family
Year Built
Built in 1915
Lot Details
4,356 Sq Ft Lot
Lot Dimensions are 101 x 42
Home Design
Duplex
Interior Spaces
2,160 Sq Ft Home
2-Story Property
Basement Fills Entire Space Under The House
Kitchen
Electric Range
Range Hood
Flooring
Wood
Linoleum
Parking
No Garage
No Driveway
Utilities
Forced Air Cooling System
Multiple Heating Units
Heating System Uses Gas
Gas Water Heater
Listing and Financial Details
Rent includes no utilities
Assessor Parcel Number 041200-094-063-0006-026-000-0000
Community Details
Overview
2 Units
Building Details
2 Separate Electric Meters
2 Separate Gas Meters
Property Details
Home Type
Multi-Family
Year Built
Built in 1915
Lot Details
0
Listing Details
Age: 99
NY Swis Code: Olean-City-041200
Total Assessed Value: 48000
Listing Type: Exclusive Right To Sell
Lot Dimension Depth: 101
Lot Dimension Front: 42
Lot Information: Neighborhood Street
L P Per Acre: 499000.0000
List Price per Sq Ft: 23.1018
Nearest Cross Street: Henley
Number of Stories: 2.0000
Property Type: Multi-Family Res (2-4) units
Ratio Close Price By Acres: 405000.00
Ratio Close Price By Sq Ft: 18.75
Ratio List Price By Acres: 499000.00
Ratio List Price By Sq Ft: 23.10
Regional Board Code: Buffalo
Regional Board Number: 6375
Rent Includes: No Utilities
School Tax: 1184
Sale Price List Price: 0.8116
S P Per Acre: 405000.0000
S P Per Sq Ft: 18.7500
Sub Board Code: Buffalo
Type of Residence: 2 Unit, Duplex
Type of Sale: Normal
Value Range Search Low Price: 49900.00
Year Built Description: Existing
Age of Building: 107
Year Built: 1915
Directions To Property: West State Street to South 14 Property is on the right side(west side) of the street.
Special Features: None
Property Sub Type: MultiFamily
Stories: 2
Year Built: 1915
Interior Features
Attic Description: Stair Access
Basement Description: Full
Floor Description: Hardwood-Some, Linoleum/Vinyl
Kitchen Appliances Included: Oven/Range Electric-Some, Range Hood-Exhaust Fan
Number of Rooms: 12
Total Sq Ft: 2160
Exterior Features
Construction: Wood
Number of Acres: 0.1000
Garage/Parking
Garage Description: No Garage
Number of Electric Meters: 2
Parking Driveway: No Driveway
Utilities
Heating Fuel Description: Gas
Hvac Type: Forced Air
Number of Gas Meters: 2
Number of Heating Units: 2
Sewer Description: Sewer Connected
Water Heater Fuel: Gas
Schools
School District: Olean
Lot Info
Parcel Number: 041200-094-063-0006-026-000-0000
Rental Info
Certificate of Occupancy: Not Required
Multi Family
Total Number Of Apartments: 2
Tax Info
Total Taxes: 2509
MLS Schools
School District Name: Olean
Ownership History
DateNameOwned ForOwner Type
Sep 2014 - PresentLevia Cyrus and Levia10 Years and 8 Months
Private Individual
Purchase Details
Listed on
May 7, 2014
Closed on
Sep 17, 2014
Sold by
Ketchner Paula
Bought by
Levia Cyrus and Levia
Seller's Agent
Darcy Branch
No Office Affiliation
Buyer's Agent
Merilyn Mang
No Office Affiliation
List Price
$49,900
Sold Price
$40,500
Premium/Discount to List
-$9,400
-18.84%
Total Days on Market
45
Current Estimated Value
$123,930
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$83,430
Avg. Annual Appreciation
5.81%
Original Mortgage
$32,400
Interest Rate
4.14%
Mortgage Type
Unknown
May 2007 - Sep 2014Ketchner Paula7 Years and 4 Months
Private Individual
Purchase Details
Closed on
May 18, 2007
Sold by
County Of Cattaraugus
Bought by
Ketchner Paula
Mar 2007 - May 2007County Of Cattaraugus2 Months
Private Individual
Purchase Details
Closed on
Mar 7, 2007
Sold by
Washington Paula
Bought by
County Of Cattaraugus
Range of Values:
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Average Value
Not Available
List Price
Sold Price
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Multi Family duplex centrally located in the city of Olean. Off street parking, newer roof, new windows, Beautiful wood work, hardwood floors, High ceilings, Front porch. Each apartment has 2 bedrooms and One full bathroom. The upsatirs is currently rented. The lower is vacant but ready to rent. 13% ROI based on asking price.
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Beautifully renovated duplex in a prime location near Olean General Hospital, making it a fantastic investment for an Airbnb, rental, or owner-occupied home. With a newer asphalt roof and a brand-new rubber roof on the flat portion, this property has been completely updated, featuring all-new electric, a brand-new hot water tank, and LVT flooring and carpet throughout. Both units are freshly
Source: Western New York Real Estate Information Services (WNYREIS)
Tax History Compared to Growth
Source: Public Records
Tax History
Year
Tax Paid
Tax AssessmentTax Assessment
Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property.
This home is located at 118 S 14th St Unit 20, Olean, NY 14760 since 07 May 2014 and is currently estimated at $123,930, approximately $57 per square foot. This property was built in 1915. 118 S 14th St Unit 20 is a home located in Cattaraugus County with nearby schools including Olean Intermediate-Middle School, Olean Senior High School, and Southern Tier Catholic School.
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