Wonderful investment opportunity. This 3 unit apartment house has great income potential. The main unit has 3 bedrooms and 2 baths with a formal living room and dining room with pocket doors. There is a large kitchen with wood cabinets and butler pantry. There is a large front porch. This unit has a full basement and access to attic. The other two units have 2 bedrooms and one bath each. They each have galley kitchens and dining rooms. Each unit also have upper porches. There is a concrete patio to the rear of the house. There is an over sized one car garage with plenty of room for storage.
Listing by Howard Hanna ProfessionalsLicense #10491207167Listed on: 01/09/2020
Property Details
Home Type
Multi-Family
Year Built
Built in 1914
Lot Details
5,852 Sq Ft Lot
Lot Dimensions are 133 x 44
Rectangular Lot
Home Design
Block Foundation
Asphalt Roof
Vinyl Construction Material
Interior Spaces
4,272 Sq Ft Home
2-Story Property
2 Fireplaces
Electric Fireplace
Basement Fills Entire Space Under The House
Flooring
Wood
Wall to Wall Carpet
Attic
Full Attic
Unfinished Attic
Parking
1 Car Garage
Garage Door Opener
Stone Driveway
Schools
East View Elementary School
Olean Middle School
Olean Senior High School
Utilities
Forced Air Cooling System
Multiple Heating Units
Baseboard Heating
Heating System Uses Gas
Gas Water Heater
High Speed Internet
Cable TV Available
Listing and Financial Details
Rent includes no utilities
Tax Lot 50
Assessor Parcel Number 041200-094-065-0004-050-000-0000
Community Details
Overview
3 Units
Building Details
3 Separate Electric Meters
3 Separate Gas Meters
Property Details
Home Type
Multi-Family
Year Built
Built in 1914
Lot Details
0
Listing Details
NY Swis Code: Olean-City-041200
Total Assessed Value: 73000
Foundation Description: Block
Listing Type: Exclusive Right To Sell
Lot Dimension Depth: 133
Lot Dimension Front: 44
Lot Information: Neighborhood Street
Lot Number: 50
Lot Shape: Rectangular
Nearest Cross Street: North Clinton
Number of Stories: 2.0000
Property Type: Multi-Family Res (2-4) units
Ratio Close Price By Acres: 335070.74
Ratio Close Price By Sq Ft: 10.53
Ratio List Price By Acres: 513775.13
Ratio List Price By Sq Ft: 16.15
Regional Board Code: Rochester
Rent Includes: No Utilities
Roof Description: Asphalt
School Tax: 1920
Sub Board Code: Chautauqua-Cattaraugus
Type of Residence: 3 Unit
Type of Sale: Normal
Year Built Description: Existing
Lot Sq Ft: 5852
Age of Building: 108
Year Built: 1914
Directions To Property: Turn off East State Street onto North Clinton Street. Take right onto Tompkins. Property on left.
Special Features: None
Property Sub Type: MultiFamily
Stories: 2
Year Built: 1914
Interior Features
Attic Description: Full, Stair Access, Unfinished
Basement Description: Full
Floor Description: Hardwood-Some, Wall To Wall Carpet-Some
Number of Fireplaces Artificial: 2
Number of Fireplaces Total Calculated: 2
Total Sq Ft: 4272
Exterior Features
Construction: Vinyl
Additional Exterior Features: Cable TV Available, Garage Door Opener, High Speed Internet
Number of Acres: 0.1343
Garage/Parking
Number of Electric Meters: 3
Number of Garage Spaces: 1.0000
Parking Driveway: 2 or More Spaces, Concrete, Garage, Stone/Gravel
Utilities
Heating Fuel Description: Gas
Hvac Type: Baseboard, Forced Air, Hot Water
Number of Gas Meters: 3
Number of Heating Units: 3
Separate Utilities: Electricity, Gas, Heat, Water
Sewer Description: Sewer Connected
Water Heater Fuel: Gas
Schools
School District: Olean
Elementary School: East View Elementary
Middle School: Olean Middle
High School: Olean Senior High
Lot Info
Parcel Number: 041200-094-065-0004-050-000-0000
Rental Info
Certificate of Occupancy: Negotiable
Multi Family
Total Number Of Apartments: 3
Tax Info
Total Taxes: 3982
MLS Schools
Elementary School Name: East View Elementary
High School Name: Olean Senior High
Middle School Name: Olean Middle
School District Name: Olean
Ownership History
DateNameOwned ForOwner Type
Dec 2000 - PresentPark Centre Development, Inc.24 Years and 5 Months
Company
Purchase Details
Closed on
Dec 6, 2000
Sold by
Olean Teachers And Posta L Federal Credit Uni
Bought by
Park Centre Development, Inc.
Total Days on Market
166
Current Estimated Value
$121,165
Range of Values:
Collateral Analytics
Collateral Analytics
Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.
Not Available
Collateral Analytics does not have data for the current month. Please view the chart for historical values.
ICE
ICE Mortgage Technology
ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.
Not Available
ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.
First American
First American
First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.
Not Available
First American does not have data for the current month. Please view the chart for historical values.
Quantarium
Quantarium
Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.
Not Available
Quantarium does not have data for the current month. Please view the chart for historical values.
Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Newer boiler. Newer flooring. Off street parking. Attached two car garage for on site maintenance supplies tools and equipment or collect additional rent for garage space. One of the two upstairs units is currently vacant. Very large apartment downstairs could be remodeled, with relative ease to create an additional rental unit.
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.
Discover the perfect blend of space, location, and investment potential at this very well-maintained two-family home in the heart of Olean. Offering nearly 3,000 sq. ft. of finished living space, this versatile duplex features 5+ bedrooms, 2 full bathrooms, and two fully equipped kitchens—ideal for owner-occupants, investors, or multi-generational living. The fully renovated lower unit highlights
Beautifully renovated duplex in a prime location near Olean General Hospital, making it a fantastic investment for an Airbnb, rental, or owner-occupied home. With a newer asphalt roof and a brand-new rubber roof on the flat portion, this property has been completely updated, featuring all-new electric, a brand-new hot water tank, and LVT flooring and carpet throughout. Both units are freshly
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
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
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 307 Tompkins St, Olean, NY 14760 since 09 January 2020 and is currently estimated at $121,165, approximately $28 per square foot. This property was built in 1914. 307 Tompkins St is a home located in Cattaraugus County with nearby schools including Olean Intermediate-Middle School, Olean Senior High School, and Southern Tier Catholic 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.
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.