NOT LISTED FOR SALE

1349 Olean-Portville Rd Olean, NY 14760

-- Bed
-- Bath
2,135 Sq Ft
1.28 Acres

Last Sold November 22, 2019

Last sale price $50,000 $23 Per Sq Ft

16 Days on Market

Highlights

  • Wood Flooring
  • Forced Air Cooling System
  • 1-Story Property
  • Portville Elementary School Rated A-

About This Home

As of November 2019

Great investment property. Improvements include a Cape Cod style single family residence in need of some TLC, a separate singlewide mobile home and 3 ranch style single family residential rental units. Live in the home and let the rental units pay your mortgage. Income from the residential homes currently exceed $1,300/mo.

Last Listed By

Ron Wolf

Listing by Real Estate Pros & More License #30WO0580127 Listed on: 05/07/2019

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1959

Lot Details

  • 1.28 Acre Lot
  • Lot Dimensions are 475 x 142
  • Irregular Lot

Home Design

  • Block Foundation

Interior Spaces

  • 2,135 Sq Ft Home
  • 1-Story Property
  • Basement Fills Entire Space Under The House

Flooring

  • Wood
  • Laminate
  • Tile

Parking

  • Stone Driveway
  • Shared Driveway

Schools

  • Portville Elementary School
  • Portville Junior-Senior High School

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 grounds maintenance, water
  • Tax Lot 17
  • Assessor Parcel Number 047489-104-005-0002-017-000-0000

Community Details

Overview

  • 4 Units

Building Details

  • 4 Separate Electric Meters
  • 1 Separate Gas Meter

Property Details

Home Type

Multi-Family

Year Built

Built in 1959

Lot Details

0

Listing Details

  • NY Swis Code: Portville-047489
  • Total Assessed Value: 126200
  • Foundation Description: Block
  • Listing Type: Exclusive Right To Sell
  • Lot Dimension Depth: 475
  • Lot Dimension Front: 142
  • Lot Information: Primary Road
  • Lot Number: 17
  • Lot Shape: Irregular
  • Nearest Cross Street: Promised Land Rd.
  • Number of Stories: 1.0000
  • Property Type: Multi-Family Res (2-4) units
  • Ratio Close Price By Acres: 39062.50
  • Ratio Close Price By Sq Ft: 23.42
  • Ratio List Price By Acres: 46796.88
  • Ratio List Price By Sq Ft: 28.06
  • Regional Board Code: Rochester
  • Rent Includes: Grounds Maintenance, Water
  • School Tax: 3001
  • Sub Board Code: Chautauqua-Cattaraugus
  • Type of Residence: 1 Lot - Multi Structures, Detached
  • Type of Sale: Normal
  • Year Built Description: Existing
  • Lot Sq Ft: 55757
  • Age of Building: 63
  • Year Built: 1959
  • Directions To Property: From Olean go west on Rt 417 thru Westons Mills. Home's on the right. Watch for "For Sale " sign.
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 1
  • Year Built: 1959

Interior Features

  • Basement Description: Full
  • Floor Description: Laminate-Some, Tile-Some, Wood-Some
  • Total Sq Ft: 2135

Exterior Features

  • Construction: Wood
  • Additional Exterior Features: Cable TV Available
  • Number of Acres: 1.2800

Garage/Parking

  • Number of Electric Meters: 4
  • Parking Driveway: 2 or More Spaces, Common, Stone/Gravel

Utilities

  • Heating Fuel Description: Electric, Gas
  • Hvac Type: Forced Air
  • Number of Gas Meters: 1
  • Number of Heating Units: 5
  • Separate Utilities: Electricity, Gas
  • Sewer Description: Septic
  • Water Heater Fuel: Electric, Gas

Schools

  • School District: Portville
  • Elementary School: Portville Elementary
  • High School: Portville Junior-Senior High

Lot Info

  • Parcel Number: 047489-104-005-0002-017-000-0000

Rental Info

  • Certificate of Occupancy: Not Required

Multi Family

  • Total Number Of Apartments: 4

Tax Info

  • Total Taxes: 5214

MLS Schools

  • Elementary School Name: Portville Elementary
  • High School Name: Portville Junior-Senior High
  • 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
11/22/2019 11/22/19 Sold $50,000 -16.5% $23 / Sq Ft
05/23/2019 05/23/19 Pending -- -- --
05/07/2019 05/07/19 For Sale $59,900 -- $28 / Sq Ft
Source: Chautauqua-Cattaraugus Board of REALTORS®

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: Chautauqua-Cattaraugus Board of REALTORS®

MLS Number: R1191189

Chautauqua-Cattaraugus Board of REALTORS®