NOT LISTED FOR SALE

1305 Olean Portville Rd Olean, NY 14760

-- Bed
-- Bath
4,284 Sq Ft
2.06 Acres

Last Sold November 29, 2018

Last sale price $50,000 $12 Per Sq Ft

94 Days on Market

Highlights

  • 2.06 Acre Lot
  • Wood Flooring
  • Property is near a bus stop
  • Portville Elementary School Rated A-
  • Forced Air Cooling System

About This Home

As of November 2018

Multi-unit property that contains 2 unit Main house, 1 unit bungalow , 1 unit apt/business office building. All tenant units rented. Business space used previously for Accounting office and will be vacant soon. The Accounting office will be moved to the Portville Area. Great investment opportunity.

Last Agent to Sell the Property

Scott Napora

Listing by Real Estate Pros & More License #10401295928 Listed on: 08/01/2018

Last Buyer's Agent

Thomas Fenner

Listing by Real Estate Pros & More License #10301223660

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1940

Lot Details

  • 2.06 Acre Lot
  • Lot Dimensions are 568 x 327

Home Design

  • Mixed Use
  • Vinyl Construction Material

Interior Spaces

  • 4,284 Sq Ft Home
  • 2-Story Property
  • Basement Fills Entire Space Under The House

Flooring

  • Wood
  • Vinyl

Parking

  • 1 Car Garage
  • Stone Driveway

Location

  • Flood Zone Lot
  • Property is near a bus stop

Utilities

  • Forced Air Cooling System
  • Multiple Heating Units
  • Heating System Uses Gas
  • Well
  • Gas Water Heater
  • Septic Tank
  • Cable TV Available

Listing and Financial Details

  • Rent includes no utilities
  • Tax Lot 24
  • Assessor Parcel Number 047489-104-005-0002-024-000-0000

Community Details

Overview

  • 4 Units

Building Details

  • 5 Separate Electric Meters
  • 5 Separate Gas Meters
  • Operating Expense $2,500
  • Gross Income $18,600

Property Details

Home Type

Multi-Family

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Annual Operating Expenses: 2500
  • NY Swis Code: Portville-047489
  • Total Assessed Value: 149500
  • Gross Annual Income: 18600
  • Listing Type: Exclusive Right To Sell
  • Lot Dimension Depth: 568
  • Lot Dimension Front: 327
  • Lot Information: Flood Zone, Near Bus Line
  • Lot Number: 24
  • Nearest Cross Street: Promise Land Road
  • Number of Stories: 2.0000
  • Property Type: Multi-Family Res (2-4) units
  • Ratio Close Price By Acres: 24271.84
  • Ratio Close Price By Sq Ft: 11.67
  • Ratio List Price By Acres: 75242.72
  • Ratio List Price By Sq Ft: 36.18
  • Regional Board Code: Rochester
  • Rent Includes: No Utilities
  • School Tax: 3555
  • Sub Board Code: Chautauqua-Cattaraugus
  • Type of Residence: 2 Lot - 2 Dwellings, Mixed Use, Upper/Lower
  • Type of Sale: Normal
  • Year Built Description: Existing
  • Lot Sq Ft: 89734
  • Age of Building: 82
  • Year Built: 1940
  • Directions To Property: Located on Portville Olean road ( Rte 417) directly across the road from Weston Mills Fire Department.
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2
  • Year Built: 1940

Interior Features

  • Additional Interior Features: Circuit Breakers - Some, Laundry- Separate Hook ups- Some
  • Basement Description: Full
  • Floor Description: Hardwood-Some, Vinyl-Some
  • Total Sq Ft: 4284

Exterior Features

  • Construction: Vinyl
  • Additional Exterior Features: Cable TV Available
  • Number of Acres: 2.0600

Garage/Parking

  • Number of Electric Meters: 5
  • Number of Garage Spaces: 1.0000
  • Parking Driveway: 2 or More Spaces, Blacktop, Garage, Stone/Gravel

Utilities

  • Heating Fuel Description: Gas
  • Hvac Type: Forced Air
  • Number of Gas Meters: 5
  • Number of Heating Units: 5
  • Sewer Description: Septic
  • Water Heater Fuel: Gas

Schools

  • School District: Portville

Lot Info

  • Parcel Number: 047489-104-005-0002-024-000-0000

Rental Info

  • Certificate of Occupancy: Not Required

Multi Family

  • Total Number Of Apartments: 4

Tax Info

  • Total Taxes: 10056

MLS Schools

  • School District Name: Portville

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/29/2018 11/29/18 Sold $50,000 -67.7% $12 / Sq Ft
11/03/2018 11/03/18 Pending -- -- --
09/27/2018 09/27/18 Price Changed $155,000 -8.8% $36 / Sq Ft
08/01/2018 08/01/18 For Sale $170,000 -- $40 / Sq Ft
Source: Chautauqua-Cattaraugus Board of REALTORS®

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2018

    Scott Napora

    Real Estate Pros & More

    Section Image

  • T

    Buyer's Agent in 2018

    Thomas Fenner

    Real Estate Pros & More

    (716) 373-8971

    2 in this area

    31 Total Sales

    Thomas Fenner
    Section Image
See All Agents

Map

Source: Chautauqua-Cattaraugus Board of REALTORS®

MLS Number: R1138278

Chautauqua-Cattaraugus Board of REALTORS®
New York Cattaraugus County Olean 14760

1305 Olean Portville Rd, Olean, NY

This home is located at 1305 Olean Portville Rd, Olean, NY 14760 since 01 August 2018. This property was built in 1940. 1305 Olean Portville Rd is a home located in Cattaraugus County with nearby schools including Portville Elementary School, Portville Junior/Senior High School, and Portville Baptist Christian School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Chautauqua-Cattaraugus Board of REALTORS® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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