Duplex with an attached garage as well as a 2+car detached garage, located on a corner lot across from the credit union in Olean. Currently rented, some updates needed.
Listing by Premier Listings Real EstateLicense #40AT1023399Listed on: 04/26/2021
Property Details
Home Type
Multi-Family
Year Built
Built in 1920
Lot Details
0.6 Acre Lot
Lot Dimensions are 193 x 135
Corner Lot
Parking
3 Car Garage
Home Design
Asphalt Roof
Vinyl Construction Material
Interior Spaces
3,307 Sq Ft Home
2-Story Property
Ceiling Fan
Basement Fills Entire Space Under The House
Flooring
Wood
Wall to Wall Carpet
Vinyl
Location
Property is near a bus stop
Utilities
Multiple Heating Units
Wall Furnace
Heating System Uses Gas
Gas Water Heater
High Speed Internet
Cable TV Available
Listing and Financial Details
Rent includes water
Tax Lot 4
Assessor Parcel Number 041200-094-056-0002-004-000-0000
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 1920
Lot Details
0
Listing Details
NY Swis Code: Olean-City-041200
Total Assessed Value: 62000
Listing Type: Exclusive Right To Sell
Lot Dimension Depth: 193
Lot Dimension Front: 135
Lot Information: Corner Lot, Near Bus Line, Neighborhood Street
Lot Number: 4
Nearest Cross Street: N 12th
Number of Stories: 2.0000
Property Type: Multi-Family Res (2-4) units
Ratio Close Price By Acres: 101717.53
Ratio Close Price By Sq Ft: 18.45
Ratio List Price By Acres: 115057.53
Ratio List Price By Sq Ft: 20.86
Regional Board Code: Buffalo
Rent Includes: Water
Roof Description: Asphalt
School Tax: 1640
Sub Board Code: Buffalo
Type of Residence: 2 Unit
Type of Sale: Normal
Year Built Description: Existing
Lot Sq Ft: 26123
Age of Building: 103
Year Built: 1920
Above Grade Finished Sq Ft: 3307
Directions To Property: Buffalo street to 12th, on corner
Sq Ft Total Pub: 3307
Unit: 5
Special Features: None
Property Sub Type: MultiFamily
Stories: 2
Year Built: 1920
Interior Features
Additional Interior Features: Ceiling Fan
Basement Description: Full
Floor Description: Hardwood-Some, Vinyl-Some, Wall To Wall Carpet-Some
Total Sq Ft: 3307
Exterior Features
Construction: Vinyl, Wood
Additional Exterior Features: Cable TV Available, High Speed Internet
Number of Acres: 0.5997
Garage/Parking
Number of Electric Meters: 2
Number of Garage Spaces: 3.0000
Parking Driveway: 2 or More Spaces
Utilities
Heating Fuel Description: Gas
Hvac Type: Wall Furnace
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: 041200-094-056-0002-004-000-0000
Rental Info
Certificate of Occupancy: Supplied
Multi Family
Total Number Of Apartments: 2
Tax Info
Total Taxes: 3385
MLS Schools
School District Name: Olean
Ownership History
DateNameOwned ForOwner Type
Jul 2022 - PresentSnoopy Ft2 Years and 10 Months
Private Individual
Purchase Details
Closed on
Jul 20, 2022
Sold by
Snopowski Margaret J
Bought by
Snoopy Ft
Total Days on Market
0
Current Estimated Value
$100,139
Jul 2021 - Jul 2022Snopkowski Margaret J1 Year
Private Individual
Purchase Details
Listed on
Apr 26, 2021
Closed on
Jul 14, 2021
Sold by
Brushingham Judith A
Bought by
Snopkowski Margaret J
Seller's Agent
Claudia Attard-Keary
Premier Listings Real Estate
Buyer's Agent
Claudia Attard-Keary
Premier Listings Real Estate
List Price
$69,000
Sold Price
$61,000
Premium/Discount to List
-$8,000
-11.59%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.36%
Original Mortgage
$34,000
Interest Rate
2.9%
Mortgage Type
Commercial
May 2016 - Jul 2021Brushingham Judith A5 Years and 2 Months
Private Individual
Purchase Details
Closed on
May 9, 2016
Sold by
Erickson Estate Of Alice Gore
Bought by
Brushingham Judith A
Mar 1998 - May 201618 Years and 2 Months
Private Individual
Purchase Details
Closed on
Mar 10, 1998
Jul 1996 - Mar 19981 Year and 8 Months
Private Individual
Purchase Details
Closed on
Jul 11, 1996
Range of Values:
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Average Value
Not Available
List Price
Sold Price
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Three bed one and a half bath home with 2)one bedroom apartments detached in the back. Take advantage of this home with a first floor laundry and an oversized kitchen with plenty of cupboard and counter space. Main house has a car port for parking your vehicle with one other space for back tenants. Apartments out back have a patio for the downstairs and a covered porch for the upstairs. This
Great investment property. Main property has three bedrooms 1 full bath. Tenant pays $750/mo and has been a long standing 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 great rental
Turnkey investment opportunity in the City of Olean. This upper/lower duplex is fully rented and ready for new ownership. The lower unit is currently leased at $750 per month to a local company that covers all utilities for the tenant. The lease includes a 60-day eviction clause, offering flexibility for future use. This property has been well maintained, with one side of the roof
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.
Great opportunity to own a large 2 family home. Perfect for owner occupied or investors. Come right in and rent out or live in one and rent the other. Priced to sell. Both tenant occupied. $950/month.
Excellent investment opportunity or perfect for owner-occupancy! This well-maintained 2,388 sq ft two-unit property is ideally located near downtown Olean, offering easy access to shopping, dining, schools, parks, and other local amenities. Each unit features 2 bedrooms, 1 full bathroom, spacious living and dining areas, and separate utilities for tenant convenience. On-street parking is
Prime Investment Opportunity in North Olean!Nestled in the heart of North Olean, this 3-unit property offers incredible potential for investors or owner-occupiers. Located just around the corner from Olean Intermediate Middle School and a short stroll to Downtown Olean, this property provides convenience and accessibility in a highly desirable area.Each unit features separate
Paul PezzimentiHoward Hanna Professionals
$79,900
4 Beds
2 Baths
1,738 Sq Ft
Great investment property two family home . set up a viewing today.
This is a fantastic investment opportunity! This well-maintained duplex offers two units with great potential. The downstairs unit is a spacious 2-bedroom, 1-bath, while the upper unit is a cozy 1-bedroom, 1-bath. Both units feature brand new stoves, refrigerators, and washer/dryer units for convenience. The property has seen numerous updates over the years, including renovated kitchens and
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 1201 Buffalo St Unit 5, Olean, NY 14760 since 26 April 2021 and is currently estimated at $100,139, approximately $30 per square foot. This property was built in 1920. 1201 Buffalo St Unit 5 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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