NOT LISTED FOR SALE

306 Orchard Ave Olean, NY 14760

-- Bed
-- Bath
3,360 Sq Ft
5,200 Sq Ft Lot

Last Sold April 30, 2020

Last sale price $132,500 $39 Per Sq Ft

500 Days on Market

Highlights

  • Balcony
  • Property is near bus stop
  • High Speed Internet
  • Tile Flooring
  • Space Heater

About This Home

As of April 2020

INVESTORS!!!! GREAT Opportunity for you here! 4 Units, All Separate Utilities, all Fully Rented in 1 year Leases. 3 are Longer Term, 1 is a New Tenant. All 4 Apartments have their Own Stove & Refrigerator, as well as Washer/Dryer Hookups. Owner purchased in 2013 and has renovated all 4 apartments completely. This building is located at the end of a dead end street. It has plenty of parking as well as a small back yard behind each unit. Please give 24-48 hours notice for a tour.

Last Agent to Sell the Property

Claudia Attard-Keary

Listing by EXP-Premier Listings Team License #40AT1023399 Listed on: 09/25/2018

Last Buyer's Agent

Claudia Attard-Keary

Listing by EXP-Premier Listings Team License #40AT1023399 Listed on: 09/25/2018

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,019

Year Built

  • Built in 1970

Lot Details

  • 5,200 Sq Ft Lot
  • Lot Dimensions are 130 x 40

Parking

  • Stone Driveway

Home Design

  • Block Foundation
  • Slab Foundation
  • Vinyl Construction Material

Interior Spaces

  • 3,360 Sq Ft Home
  • 2-Story Property
  • Electric Cooktop

Flooring

  • Wall to Wall Carpet
  • Laminate
  • Tile
  • Vinyl

Utilities

  • Multiple Heating Units
  • Space Heater
  • Heating System Uses Gas
  • Gas Available
  • Electric Water Heater
  • High Speed Internet
  • Cable TV Available

Additional Features

  • Balcony
  • Property is near bus stop

Listing and Financial Details

  • Rent includes lawn maintenance, water
  • Tax Lot 1
  • Assessor Parcel Number 041200-094-066-0003-001-001-0000

Community Details

Overview

  • 4 Units

Building Details

  • 4 Separate Electric Meters
  • 4 Separate Gas Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,019

Year Built

Built in 1970

Lot Details

0

Listing Details

  • NY Swis Code: Olean-City-041200
  • Total Assessed Value: 55000
  • Foundation Description: Block
  • Listing Type: Exclusive Right To Sell
  • Lot Dimension Depth: 130
  • Lot Dimension Front: 40
  • Lot Information: Near Bus Line, Neighborhood Street
  • Lot Number: 1
  • Nearest Cross Street: Bishop
  • Number of Stories: 2.0000
  • Property Type: Multi-Family Res (2-4) units
  • Ratio Close Price By Acres: 1109715.24
  • Ratio Close Price By Sq Ft: 39.43
  • Ratio List Price By Acres: 1298157.45
  • Ratio List Price By Sq Ft: 46.13
  • Regional Board Code: Buffalo
  • Rent Includes: Lawn Maintenance, Water
  • School Tax: 1420
  • Sub Board Code: Buffalo
  • Type of Residence: 4 Unit
  • Type of Sale: Normal
  • Year Built Description: Existing
  • Lot Sq Ft: 5200
  • Age of Building: 53
  • Year Built: 1970
  • Directions To Property: East State St to Orchard Ave. House is on the right at the dead end of the street
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2
  • Year Built: 1970

Interior Features

  • Basement Description: Slab
  • Floor Description: Laminate-Some, Tile-Some, Vinyl-Some, Wall To Wall Carpet-Some
  • Kitchen Appliances Included: Cooktop - Electric, In All Apartments, Refrigerator
  • Total Sq Ft: 3360

Exterior Features

  • Construction: Vinyl
  • Additional Exterior Features: Balcony, Cable TV Available, High Speed Internet
  • Number of Acres: 0.1194

Garage/Parking

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

Utilities

  • Heating Fuel Description: Gas
  • Hvac Type: Space Heater
  • Number of Gas Meters: 4
  • Number of Heating Units: 4
  • Separate Utilities: Electricity, Gas, Heat, Water
  • Sewer Description: Sewer Connected
  • Water Heater Fuel: Electric

Lot Info

  • Parcel Number: 041200-094-066-0003-001-001-0000

Rental Info

  • Certificate of Occupancy: Supplied

Multi Family

  • Total Number Of Apartments: 4

Tax Info

  • Total Taxes: 3019

MLS Schools

  • School District Name: Olean
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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 List to Sale Price per Sq Ft Prior Sale
04/30/2020 04/30/20 Sold $132,500 -14.5% $39 / Sq Ft
02/07/2020 02/07/20 Pending -- -- --
09/25/2018 09/25/18 For Sale $155,000 +181.8% $46 / Sq Ft
01/08/2013 01/08/13 Sold $55,000 -8.3% $16 / Sq Ft View Prior Sale
10/24/2012 10/24/12 Pending -- -- --
06/22/2012 06/22/12 For Sale $60,000 -- $18 / Sq Ft
Source: Western New York Real Estate Information Services (WNYREIS)

Tax History

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
2024 $3,478 $55,000 $8,200 $46,800
2023 $2,071 $55,000 $8,200 $46,800
2022 $2,152 $55,000 $8,200 $46,800
2021 $2,161 $55,000 $8,200 $46,800
2020 $2,176 $55,000 $8,200 $46,800
2019 $1,436 $55,000 $8,200 $46,800
2018 $2,967 $55,000 $8,200 $46,800
2017 $2,229 $55,000 $8,200 $46,800
2016 $2,205 $55,000 $8,200 $46,800
2015 -- $55,000 $8,200 $46,800
2014 -- $55,000 $8,200 $46,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Western New York Real Estate Information Services (WNYREIS)

MLS Number: B1150520

Western New York Real Estate Information Services (WNYREIS)