Seller's Agent in 2025
James Dwaileebe
3D Real Estate LLC
(716) 307-2300
13 Total Sales
204 N Barry St Olean, NY 14760
Olean Area
8
Beds
5
Baths
2,950
Sq Ft
6,500
Sq Ft Lot
Highlights
- Zoned Heating and Cooling
- Carpet
- 4-minute walk to Lincoln Park
- Rectangular Lot
About This Home
As of December 2025This 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.
Last Agent to Sell the Property
Listing by 3D Real Estate LLC License #10491206584 Listed on: 09/03/2024
Last Buyer's Agent
Listing by 3D Real Estate LLC License #10491206584 Listed on: 09/03/2024
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $3,249
Year Built
- Built in 1930
Lot Details
- 6,500 Sq Ft Lot
- Lot Dimensions are 50x130
- Rectangular Lot
Parking
- Parking Available
Home Design
- Quadruplex
- Vinyl Siding
Interior Spaces
- 2,950 Sq Ft Home
- 2-Story Property
- Crawl Space
Flooring
- Carpet
- Vinyl
Bedrooms and Bathrooms
- 8 Bedrooms
- 5 Full Bathrooms
Utilities
- Zoned Heating and Cooling
- Heating System Uses Gas
- Gas Water Heater
Community Details
- 4 Units
- 5 Separate Gas Meters
Listing and Financial Details
- Rent includes all utilities
- Assessor Parcel Number 94.065-4-18
Ownership History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Sep 3, 2024
Closed on
Nov 19, 2025
Sold by
Bought by
Seller's Agent
James Dwaileebe
3D Real Estate LLC
Buyer's Agent
James Dwaileebe
3D Real Estate LLC
List Price
$152,000
Sold Price
$155,000
Premium/Discount to List
$3,000
1.97%
Views
133
Purchase Details
Listed on
Jan 12, 2014
Closed on
Oct 3, 2014
Sold by
Bought by
Seller's Agent
Dennis Pezzimenti
Howard Hanna Professionals - Olean
Buyer's Agent
Jennifer Glatz
No Office Affiliation
List Price
$59,000
Sold Price
$48,000
Premium/Discount to List
-$11,000
-18.64%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.06%
Original Mortgage
$38,400
Interest Rate
0.0411%
Mortgage Type
Commercial
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Home Values in the Area
Average Home Value in this Area
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| -- | -- | ||
| $48,000 | Thomas F. Brinkworth |
Source: Public Records
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Closed | $38,400 |
Source: Public Records
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 12/01/2025 12/01/25 | Sold | $155,000 | +2.0% | $53 / Sq Ft | |
| 07/21/2025 07/21/25 | Pending | -- | -- | -- | |
| 05/23/2025 05/23/25 | For Sale | $152,000 | 0.0% | $52 / Sq Ft | |
| 04/21/2025 04/21/25 | Pending | -- | -- | -- | |
| 03/05/2025 03/05/25 | Price Changed | $152,000 | -1.9% | $52 / Sq Ft | |
| 03/03/2025 03/03/25 | Price Changed | $154,900 | -2.6% | $53 / Sq Ft | |
| 12/18/2024 12/18/24 | Price Changed | $159,000 | -11.2% | $54 / Sq Ft | |
| 12/04/2024 12/04/24 | Price Changed | $179,000 | -5.3% | $61 / Sq Ft | |
| 09/03/2024 09/03/24 | For Sale | $189,000 | +293.8% | $64 / Sq Ft | |
| 10/03/2014 10/03/14 | Sold | $48,000 | -18.6% | $21 / Sq Ft | View Prior Sale |
| 05/20/2014 05/20/14 | Pending | -- | -- | -- | |
| 01/10/2014 01/10/14 | For Sale | $59,000 | -- | $26 / Sq Ft |
Source: Western New York Real Estate Information Services (WNYREIS)
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Year | Tax Paid | Tax Assessment Tax 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. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $2,341 | $61,000 | $7,500 | $53,500 |
| 2024 | $3,857 | $61,000 | $7,500 | $53,500 |
| 2023 | $2,297 | $61,000 | $7,500 | $53,500 |
| 2022 | $2,330 | $61,000 | $7,500 | $53,500 |
| 2021 | $2,397 | $61,000 | $7,500 | $53,500 |
| 2020 | $4,165 | $61,000 | $7,500 | $53,500 |
| 2019 | $916 | $61,000 | $7,500 | $53,500 |
| 2018 | $5,011 | $61,000 | $7,500 | $53,500 |
| 2017 | $2,472 | $61,000 | $7,500 | $53,500 |
| 2016 | $4,184 | $61,000 | $7,500 | $53,500 |
| 2015 | -- | $61,000 | $7,500 | $53,500 |
| 2014 | -- | $61,000 | $7,500 | $53,500 |
Source: Public Records
Agents Affiliated with this Home
-
James Dwaileebe
-
Dennis Pezzimenti
Seller's Agent in 2014
Dennis Pezzimenti
Howard Hanna
(716) 378-8989
48 Total Sales
-
J
Buyer's Agent in 2014
Jennifer Glatz
No Office Affiliation
Map
Source: Western New York Real Estate Information Services (WNYREIS)
MLS Number: B1562789
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