$81,700
SOLD DEC 7, 2017

321 N 1st St Olean, NY 14760

-- Bed
3 Baths
3,700 Sq Ft
6,098 Sq Ft Lot

Recently Sold

$22 Per Sq Ft

14% Below List Price

17 Days on Market

About This Home

As of July 2023

Solid investment opportunity! This building is set up for co-housing designed for low income seniors and disabled adults. Property has 10 bedrooms that are all rented. Property has been well cared for and maintained. Gross rent is 3,785.00 per month. Owner has been running at a 92% occupancy rate! Agent has full financials, floor plans available upon request

Last Agent to Sell the Property

Taylor Bennett

Listing by Keller Williams Realty License #10401246823 Listed on: 08/15/2016

Keller Williams Realty

Last Buyer's Agent

Taylor Bennett

Listing by Keller Williams Realty License #10401246823 Listed on: 08/15/2016

Keller Williams Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,221

Year Built

  • Built in 1910

Lot Details

  • Lot Dimensions are 166 x 37

Parking

  • 2 Car Garage

Interior Spaces

  • 3 Full Bathrooms
  • 3,700 Sq Ft Home
  • 2-Story Property
  • Wall to Wall Carpet
  • Full Attic

Utilities

  • Multiple Heating Units
  • Gas Water Heater

Listing and Financial Details

  • Rent includes all utilities
  • Assessor Parcel Number 94.057-5-29

Community Details

Overview

  • 3 Units

Building Details

  • 3 Separate Electric Meters
  • 3 Separate Gas Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,221

Year Built

Built in 1910

Lot Details

0

Listing Details

  • NY Swis Code: Olean-City-041200
  • Total Assessed Value: 63158
  • Listing Type: Exclusive Right To Sell
  • Lot Dimension Depth: 166
  • Lot Dimension Front: 37
  • Nearest Cross Street: Sullivan
  • Number of Stories: 2.0000
  • Property Type: Multi-Family Res (2-4) units
  • Ratio Close Price By Sq Ft: 22.08
  • Ratio List Price By Sq Ft: 25.68
  • Regional Board Code: Rochester
  • Rent Includes: All Utilities
  • Sub Board Code: Chautauqua-Cattaraugus
  • Type of Sale: Normal
  • Year Built Description: Existing
  • Age of Building: 113
  • Year Built: 1910
  • Directions To Property: Olean NY
  • WaterRelatedFeatures: Other - See Remarks
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2
  • Year Built: 1910

Interior Features

  • Full Bathrooms: 3
  • Attic Description: Full
  • Floor Description: Wall To Wall Carpet-Some
  • Kitchen Appliances Included: Negotiable
  • Total Bathrooms: 3.00
  • Total Sq Ft: 3700

Exterior Features

  • Construction: Aluminum/Steel

Garage/Parking

  • Number of Electric Meters: 3
  • Number of Garage Spaces: 2.0000
  • Parking Driveway: 2 or More Spaces

Utilities

  • Heating Fuel Description: Electric
  • Number of Gas Meters: 3
  • Number of Heating Units: 3
  • Sewer Description: Sewer Connected
  • Water Heater Fuel: Electric, Gas

Schools

  • School District: Olean

Lot Info

  • Parcel Number: 94.057-5-29

Rental Info

  • Certificate of Occupancy: Supplied

Multi Family

  • Total Number Of Apartments: 3

Tax Info

  • Total Taxes: 3221

MLS Schools

  • School District Name: Olean

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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
07/10/2023 07/10/23 Sold $75,000 -24.9% $17 / Sq Ft
10/10/2022 10/10/22 Price Changed $99,900 -20.1% $23 / Sq Ft
08/29/2022 08/29/22 For Sale $125,000 +53.0% $29 / Sq Ft
12/07/2017 12/07/17 Sold $81,700 -14.0% $22 / Sq Ft
09/01/2016 09/01/16 Pending -- -- --
08/15/2016 08/15/16 For Sale $95,000 -- $26 / 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: 1041109

Chautauqua-Cattaraugus Board of REALTORS®

APN: 041200 94.057-5-29